Dana and TM4 join forces to offer a range of powertrain technologies
By Miles Gopie Drivetrain technology supplier Dana (NYSE: DAN) has announced a joint venture with TM4, a subsidiary of Hydro-Québec. TM4 will become Dana’s source for electric motors, power inverters, and control systems, and Dana will become a majority shareholder of TM4 in exchange for $165 million Canadian ($127 million US).
TM4 manufactures EV …read more