Wolong and ZF launch joint venture for electric traction motors

Wolong Electric and ZF Friedrichshafen launched a joint venture, Wolong ZF Automotive E-Motors Co. Ltd., for electric traction motors. ZF holds 26% of the shares. Volume production is planned to start in 2021, with additional locations in the EU and North America planned by 2025.

“The joint venture with Wolong also strengthens our market position and competitiveness in China, which continues to be the largest market for electric mobility worldwide.”eenewseurope.com

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• eenewseurope.comWolong, ZF launch JV for electric traction motors ...Christoph HammerschmidtMar 10, 2020

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