# 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.

- Type: Acquisition
- Announced: 2020-03-10
- Where: China
- Jobs: 2,000
- Status: announced
- Products: electric traction motors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Wolong ZF Automotive E-Motors](https://endata.com/companies/45838.md)
- [ZF Friedrichshafen](https://endata.com/companies/4104.md) (partner)
- [Wolong Electric Group](https://endata.com/companies/10591.md) (partner)

## Sources

- [eenewseurope.com](https://www.eenewseurope.com/en/wolong-zf-launch-jv-for-electric-traction-motors/), 2020-03-10: "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."

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