Jun 24, 2018 - 06:27 pm

Hydro-Québec & Dana team up with TM4 for e-drives

tm4-powertrains-antriebe

Dana Inc. and Hydro-Québec have set up a joint-venture partnership in which TM4, a subsidiary of Hydro-Québec, will supply Dana with electric motor systems. In return, Dana will become a majority shareholder of TM4 for CA$165 million (US$127 million).

While Hydro-Québec will maintain a 45 percent interest in TM4, the transaction will essentially enable Dana to become the exclusive supplier with full e-Drive design, engineering, and manufacturing capabilities.

TM4 making motors, power inverters, and control systems for electric vehicles, offers a complementary portfolio to Dana’s electric gearboxes and thermal-management technologies for batteries, motors, and inverters.

dana.mediaroom.com

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Found on electrive.com
https://www.electrive.com/2018/06/24/hydro-quebec-dana-team-up-with-tm4-for-electric-drives/
24.06.2018 18:21