Japan chip startup forms EV parts joint venture in India

Headspring and Anand look to supply Indian and European automakers

20230126N headspring india deal

Headspring President Osamu Hoshino, left, with Jaisal Singh, vice chairman of Anand Group's executive board. (Photo obtained by Nikkei)

AYA TAKASAKI, Nikkei staff writer

TOKYO -- Japanese semiconductor startup Headspring will form a joint venture by March with India's Anand Group to develop inexpensive, mass-producible components for electric vehicles in the South Asian country.

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