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Fives has signed a major contract to supply an automated inverter assembly line for electric vehicles to a key inverter supplier. The line will enable production of over one million electric powertrains annually by 2027, with installation starting in January 2025 and commissioning by end of 2025.
“The new inverter assembly line will enable this customer to produce more than one million electric powertrains annually by 2027.”fivesgroup.com
Summarized from public sources; check the original articles before acting on it.