Canada/China: TM4, PEBL form e-powertrain JV

TM4, a subsidiary of Hydro-Quebec, and Prestolite Electric Beijing Ltd (PEBL) have entered into an agreement for the creation of a sino-foreign equity joint venture company called Prestolite E-Propulsion Systems (Beijing) Ltd (PEPS). This new agreement falls within the range of activities stemming from an economic mission to China led by Subscribe to Automotive World to … Continued

• By Webmaster
• February 9, 2012