German automaker Daimler AG and parts manufacturer Robert Bosch GmbH say they are forming a joint venture to develop and produce motors for all-electric vehicles in Europe. It is not revealed whether these will be the current favourite synchronous DC or the type taking market share - asynchronous AC. A complementary technology particularly for DC traction motors will be the new Antonov Plc gear trains specifically developed for EVs.
The companies said in a joint press release Tuesday they had signed a letter of intent to establish the 50-50 joint venture that should be concluded in the first half of the year. They aim to accelerate development of electric motors and start joint production by 2012.
The motors are to be used in Mercedes-Benz and Smart electric vehicles, and Bosch will handle sales to other automakers.
The joint activities will be located in the greater Stuttgart area and in Hildesheim.
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