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Siemens and Valeo to form joint venture in high-voltage electric powertrains

Green Car Congress

Valeo will be contributing its high-voltage power electronics business, including 200 employees of which 90 are based in France, and which is part of the Powertrain Systems Business Group (PTS). Subject to approval of the relevant authorities, the joint venture is expected to start operations in the last quarter of calendar year 2016.

Hungary 150
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Bosch supplying factory equipment for battery production; €250M business by 2025

Green Car Congress

Bosch is doing its part to meet this demand. The company has been involved in the field of electromobility since 2016 and, in addition to high-voltage heaters and recharging solutions, also focuses on battery systems for electrified vehicles. Our assumption is that the global battery market will grow up to 25 percent each year.

Supplies 186