Shanghai Edrive and Dongfeng Industrial form JV for NEV motor drives

Shanghai Edrive and Dongfeng Industrial established a joint venture to develop and produce motor drive products for new energy vehicles, with Shanghai Edrive owning 60% and Dongfeng Industrial 40%. The JV will invest USD 157 million in a manufacturing plant.

“JV will invest USD157 million in a manufacturing plant”autotechinsight.spglobal.com

• 1 source
• autotechinsight.spglobal.comShanghai Edrive, Dongfeng Industrial form JV to supply motor drive products - Automotive Technology Insight | Forecasts | Industry News | Supply ChainJan 31, 2018

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