India’s push towards EV adoption and the rise of new technologies in the automotive space has led to a significant increase in non-equity-type strategic partnerships between Original Equipment Manufacturers and technology players, be it cross border or otherwise.
Our Partner, Delano Furtado, discusses some key issues for the success of such partnerships including the importance of negotiating IP rights, defining capitalisation obligations, resource allocation, and exit and termination rights, when entering into such arrangements. He also discusses the potential for Indian automotive players to leverage new technologies and the current regulatory landscape, to enter and scale up in this evolving space.
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