Renault Group, Valeo, and Valeo Siemens eAutomotive have agreed to form a strategic partnership for the design, co-development, and manufacture in France of a new-generation automotive electric motor, eliminating the use of scarce, costly, and environmentally-fraught rare earths.The three partners will combine their recognized expertise to design a unique electric powertrain system that is unparalleled…
Renault, Valeo, Siemens in New Electric Motor Pact
