Germany: Daimler-Bosch e-motors JV agreements signed

Daimler and Robert Bosch have completed their negotiations and signed agreements on the establishment of a 50:50 joint venture for electric motors. These agreements are still subject to the approval of the antitrust authorities. The new company, which is to be set up under the name EM-motive, will develop and produce Subscribe to Automotive World … Continued

• By Webmaster
• July 14, 2011