Sterling Tools Partners with China’s GLVAC to Manufacture Advance HVDC Contactors and Relays in India for Electric and Hybrid Vehicles

Sterling Tools Limited, the second largest automotive fastener manufacturer in India, has entered into a partnership with Kunshan GLVAC Yuantong New Energy Technology Co. Ltd. ('GLVAC YT'), a wholly owned subsidiary of China's Kunshan Guoli Electronic Technology Co. Ltd. ('GLVAC'), to manufacture advanced High Voltage Direct Current (HVDC) contactors and relays in India. This association is expected to generate Rs. 250 crore in business by FY30. Sterling Tools will bring the niche technology to manufacture and assemble HVDC Contactors and relays locally at a new facility in Bengaluru, India with an investment of around Rs. 40 crore. This development will empower Indian OEMs, Tier-l Companies, and other suppliers to access advanced technology right at home, building a self-reliant ecosystem for the Electric Vehicles (EV) and Hybrid Electric Vehicles (HEV) sectors. HVDC contactors and relays are crucial components in electric and hybrid vehicles, managing and controlling high-voltage electricity flow between the battery, motor controller or inverter, and other power electronic systems. The components provide safe switching and isolation in EV power circuits, ensuring efficient operation while protecting against electrical faults. In the event of accidents or short circuits, these help to prevent hazards such as fires or explosions.