UK: GKN forms JV, takes stake in EVO Electric

Driveline specialist GKN Driveline has formed a joint venture with electric drive supplier EVO Electric. The new business, GKN EVO eDrive Systems, will manufacture and sell axial flux electric motors and drive systems for use in hybrid and all-electric vehicles. It will be based in the UK. GKN will also acquire Subscribe to Automotive World … Continued

• By Webmaster
• June 22, 2011