ZF and Wolong Electric form joint venture for electric vehicle motors

ZF Friedrichshafen and Wolong Electric Group have announced a joint venture, Wolong ZF Automotive E-Motors Co Ltd, to produce electric motors and components for automotive applications. The venture will be headquartered in Shangyu, Zhejiang province, China, and is expected to employ up to 2,000 staff by 2025.

“The joint venture company with ZF will be the first step, aiming to provide motors and their components for ZF and the general market.”global.chinadaily.com.cn

• 1 source
• global.chinadaily.com.cnSino-German partnership to drive forward electric vehicle development - Chinadaily.com.cnBO LEUNGNov 26, 2019

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