Germany: Daimler/Bosch to form electric motors JV

Daimler and Robert Bosch have announced they have signed a letter of intent and begun negotiations to establish a 50:50 electric motors joint venture. The venture should be concluded in the first half of 2011. The cooperation will focus on the development and production of electric motors for all-electric vehicles in Europe. Subscribe to Automotive World … Continued

• By Webmaster
• April 12, 2011