ZF, Wolong Electric to form JV in China for production of electric motors and subcomponents
To be headquartered in Shangyu, Zhejiang Province in China, the JV will be named Wolong ZF Automotive E Motors Co Ltd.
ZF and Wolong have decided to form a new joint venture (JV) in China for production of components and electric motors for automotive applications, ZF announced in a press release on 19 November.
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