Bosch and Jiangling Group plan joint venture for electric drive axles

Bosch and Jiangling Group signed a joint venture agreement in Nanchang to develop and sell electric drive axle systems for light commercial vehicles. The registered capital is 500 million yuan (63 million euros), with Bosch holding 60% and Jiangling 40%.

“Bosch and Jiangling Group have signed a joint venture agreement in Nanchang, planning to establish a joint venture to jointly develop and sell electric drive axle systems for light commercial vehicles.”powersys.com

• 1 source
• powersys.comBosch and Jiangling Plan Joint EV Venture | Power Systems ResearchJack HaoNov 16, 2024

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