NEW DELHI: Skoda Auto and JSW Green Mobility have signed a non-binding agreement to explore a joint venture that could develop, manufacture and sell passenger vehicles in India and overseas, the companies announced on Wednesday. The proposed partnership will span internal combustion engine vehicles, electric vehicles, plug-in hybrids and hybrids, signalling that the discussions extend beyond an electric mobility alliance.

JSW and Skoda Volkswagen sign MoU for a joint venture in India, targeting a binding deal by December 2026.

JSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expanded product offerings and deeper…