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ZF Friedrichshafen and Wolong Electric launch joint venture for e-motors · Endata

◂ Announcements

Mar 11, 2020ACQUISITIONShenyang, China

ZF Friedrichshafen and Wolong Electric launch joint venture for e-motors

ZF Friedrichshafen and Wolong Electric Group have officially launched their joint venture, Wolong ZF Automotive E-Motors Co Ltd, for the development and production of electric motors and components. ZF holds 26%, Wolong 74%. Production is scheduled to start in 2021 in Shenyang, China, with further locations planned in the EU and North America.

Status

Announced

Productselectric motorscomponents for hybrid transmissions

CompaniesZF Friedrichshafen partner Wolong Electric Group partner

Sectors#Automotive Components

“ZF Friedrichshafen and the Wolong Electric Group have officially sealed the foundation of their joint venture, which was agreed upon in November.”electrive.com

1 source
electrive.comWolong & ZF officially launch joint venture - electrive.comChris RandallMar 11, 2020

Summarized from public sources; check the original articles before acting on it.

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