SONA BLW

surged as much as 7.5% on Thursday, July 17, after sources says company is in advanced talks to supply electric vehicle components to Chinese EV manufacturer BYD. The talks between Sona BLW and BYD are in an advanced stage and have been ongoing for the last few months, sources said. To cater to these needs, in case a deal fructifies, Sona BLW cold also be setting up a local component manufacturing plant in China and that unit is part of a long-term roadmap for continued collaboration with BYD, according to those sources