# 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.

- Type: Partnership
- Announced: 2018-01-31
- Where: China
- Value: $157.0M
- Status: announced
- Products: motor drive products for new energy vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Shanghai Edrive](https://endata.com/companies/29743.md) (partner)
- [Dongfeng Industrial](https://endata.com/companies/29744.md) (partner)

## Sources

- [autotechinsight.spglobal.com](https://autotechinsight.spglobal.com/news/5259945/shanghai-edrive-dongfeng-industrial-form-jv-to-supply-motor-drive-products), 2018-01-31: "JV will invest USD157 million in a manufacturing plant"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.