Monday, August 8, 2011

Daimler and Bosch in new JV

Daimler AG and Robert Bosch GmbH have started working together on electric motors for EV’s, having recently signed an agreement on the establishment of a 50:50 joint venture to do so. The new venture will see the establishment of a new company, EM-motive GmbH, which will develop and produce innovative electric motors – or traction motors – for electric vehicles. Based in Hildesheim, Germany, the business is expected to employ 100 staff by the end of this year, with production commencing early in 2012. The JV is aimed at pooling competencies and exploiting synergies in an effort to accelerate the development of premium traction motors for electric vehicles with battery, fuel cell, or range extenders. The new traction motors will be used in Mercedes-Benz and smart brand EV’s, starting with the new generation of the smart fortwo electric drive, which is to go on sale in early 2012. What makes these motors unique is their modular design, which allows them to be installed in a wide variety of allelectric vehicles. As Prof. Dr. Herbert Kohler, Vice President e-drive & Future Mobility in Group Research & Advanced Engineering and Chief Environmental Officer of Daimler AG explains: “Like lithium-ion batteries, electric motors are key components for our electric vehicles. It is extremely important that competence in this field is maintained in Germany. In joining forces with Bosch, we have now teamed up with a long-standing partner, and are confident that this move will lead to outstanding results.”


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