The world's leading vehicle transmission and power transmission solutions provider company GKN (GKNDriveline) Corp. and the automotive industry solutions for advanced electric drive pioneer EVOElectric jointly formed a joint venture. New company in the UK, the name GKNEVOeDriveSystems company will focus on the production and sale of hybrid and pure electric vehicle motors and integrated eDrive system.
GKN said that the company will acquire 25.1% stake in the company EVOElectric, and will be debt, equity and other forms of engineering and business resources for the joint venture and development capital. To this end, GKN will invest nearly 500 million pounds ($ 8.0 million) in cash.
EVOElectric company for a variety of energy transport and mobile application development and production of advanced motors, hybrid drive systems and generator sets. Through its core competencies to use in materials, design and manufacturing process innovation and realization of the axial flux technology, design and integration of high-torque motors and generators. And certain uses of the equipment compared to traditional radiation flux, EVOElectric unique axial flux technology in the torque and power density, efficiency and cost, has great advantages.
Motor and transmission, batteries and power electronics and electric vehicles as the core component of the powertrain.
With GKNDriveline efficient development and production of cutting-edge ability to match eAxles and eTransmissions, the joint venture through an international network GKNDriveline mature global vehicle manufacturers provide a full range eDrive system (including gearbox, motor and power electronics).
GKNDriveline chief executive Nigel Stein (NigelStein) said: "In GKNDriveline products for the strategic expansion of the camp, we meet hybrid and electric car manufacturers fuel economy, emissions (to reduce carbon dioxide emissions) needs greatly enhanced the ability. "
The world's leading vehicle transmission and power transmission solutions provider company GKN (GKNDriveline) Corp. and the automotive industry solutions for advanced electric drive pioneer EVOElectric jointly formed a joint venture. New company in the UK, the name GKNEVOeDriveSystems company will focus on the production and sale of hybrid and pure electric vehicle motors and integrated eDrive system.
GKN said that the company will acquire 25.1% stake in the company EVOElectric, and will be debt, equity and other forms of engineering and business resources for the joint venture and development capital. To this end, GKN will invest nearly 500 million pounds ($ 8.0 million) in cash.
EVOElectric company for a variety of energy transport and mobile application development and production of advanced motors, hybrid drive systems and generator sets. Through its core competencies to use in materials, design and manufacturing process innovation and realization of the axial flux technology, design and integration of high-torque motors and generators. And certain uses of the equipment compared to traditional radiation flux, EVOElectric unique axial flux technology in the torque and power density, efficiency and cost, has great advantages.
Motor and transmission, batteries and power electronics and electric vehicles as the core component of the powertrain.
With GKNDriveline efficient development and production of cutting-edge ability to match eAxles and eTransmissions, the joint venture through an international network GKNDriveline mature global vehicle manufacturers provide a full range eDrive system (including gearbox, motor and power electronics).
GKNDriveline chief executive Nigel Stein (NigelStein) said: "In GKNDriveline products for the strategic expansion of the camp, we meet hybrid and electric car manufacturers fuel economy, emissions (to reduce carbon dioxide emissions) needs greatly enhanced the ability. "
The world's leading vehicle transmission and power transmission solutions provider company GKN (GKNDriveline) Corp. and the automotive industry solutions for advanced electric drive pioneer EVOElectric jointly formed a joint venture. New company in the UK, the name GKNEVOeDriveSystems company will focus on the production and sale of hybrid and pure electric vehicle motors and integrated eDrive system.
GKN said that the company will acquire 25.1% stake in the company EVOElectric, and will be debt, equity and other forms of engineering and business resources for the joint venture and development capital. To this end, GKN will invest nearly 500 million pounds ($ 8.0 million) in cash.
EVOElectric company for a variety of energy transport and mobile application development and production of advanced motors, hybrid drive systems and generator sets. Through its core competencies to use in materials, design and manufacturing process innovation and realization of the axial flux technology, design and integration of high-torque motors and generators. And certain uses of the equipment compared to traditional radiation flux, EVOElectric unique axial flux technology in the torque and power density, efficiency and cost, has great advantages.
Motor and transmission, batteries and power electronics and electric vehicles as the core component of the powertrain.
With GKNDriveline efficient development and production of cutting-edge ability to match eAxles and eTransmissions, the joint venture through an international network GKNDriveline mature global vehicle manufacturers provide a full range eDrive system (including gearbox, motor and power electronics).
GKNDriveline chief executive Nigel Stein (NigelStein) said: "In GKNDriveline products for the strategic expansion of the camp, we meet hybrid and electric car manufacturers fuel economy, emissions (to reduce carbon dioxide emissions) needs greatly enhanced the ability. "
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