UNO MINDA is acquiring FRIWO’s 49.9% stake in the joint venture, UNO MINDA EV SYSTEMS PRIVATE LIMITED. The agreements cover the sale of the two- and three-wheeler applications of the E-Drive portfolio; other e-mobility system offerings not included in the transaction will remain with FRIWO.
With our new claim "Powering Innovation – Empowering Solutions", we emphasize our commitment to driving innovation and delivering customized solutions that provide real added value to our customers.
FRIWO divests remaining production at the Ostbevern site and focuses on the main production site in Vietnam.
In order to expand, FRIWO founded North America Inc. in Ohio to directly serve the growth markets of the USA, Canada and Mexico.
Successful start of the Indian joint venture in terms of operational structures, but especially in terms of the enormous demand for electric drive systems for two- and three-wheelers.
Half a century of innovative strength coupled with German engineering expertise
An additional quality promise for medical technology
Developer and manufacturer of components for electric drives
Opening of a state-of-the-art production facility in Vietnam
The company starts manufacturing battery packs
FRIWO generates sales of over 100 million euros for the first time
FMP business unit sold to Flextronics CEAG AG is taken over by VTC and renamed FRIWO AG
Production of 1.000.000.000 power supplies
FRIWO Mobile Power (FMP) and FRIWO Power Solutions (FPS)
As the first company in the industry
Turnover: DM 73 million / Employees: 640
Manufacturing of 25,000 units per day
Used for cassette recorders - production output: 1,000 units per day