Thursday, July 14, 2011

Daimler and Bosch, a joint venture for electric motors

Two big automotive industry have signed an agreement to push the accelerator on the development of electric propulsion. It's Daimler and Bosch that link to create a joint venture in this field with great prospects. The new player will be called EM-motive and will be tasked to develop, manufacture and sell motors for electric vehicles.

The headquarters and production site will be built in

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