Thursday, July 14, 2011

Daimler and Bosch, a joint venture for electric motors

Two big automotive industry have signed an agreement to push the accelerator on the development of electric propulsion. It's Daimler and Bosch that link to create a joint venture in this field with great prospects. The new player will be called EM-motive and will be tasked to develop, manufacture and sell motors for electric vehicles.

The headquarters and production site will be built in Hildesheim, while the engineering will take place in Stuttgart, a city where it already operates Daimler Bosch. The joint venture will initially equal and will have a staff of approximately 100 employees. ''The electric motors and lithium-ion batteries are key components for the electrification of the car.

For this reason it is extremely important to keep that power in Germany, "said Herbert Kohler vice president of Daimler. From side to him also Wolf-Henning Scheider, Bosch board member:" This alliance is an investment that strengthens the future of ' European automotive industry and widen our range of electric motors for all our customers.

"According to information the first engines should already be ready for 2012, when Mercedes will launch its new electric models on the market, beginning with the Smart Electric Drive For Two . Bosch for its part will handle sales to other car manufacturers. By 2020, production is expected to last more than one million electric motors.

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