GKN and EVO Electric form JV to manufacture electric motors and hybrid and electric drive systems
Green Car Congress
JUNE 22, 2011
EVO Electric, a developer of advanced electric drive solutions for the automotive sector ( earlier post ), has formed a joint venture with GKN Driveline, part of GKN plc, to develop, manufacture and sell Axial Flux electric motors and drive systems for use in hybrid and electric vehicles. As part of the agreement, GKN will also acquire a 25.1%
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