Japanese Auto Major Honda Motor Picks Up 5-10% Minority Stake In Homegrown OMC Power
India
October 27, 2025
The investment has come at a time when OMC Power is entering into a new business vertical where the company will deploy electric vehicle (EV) batteries as a battery energy storage system (BESS) solution, and re-purpose the old EV batteries to support UPS (uninterrupted power supply).