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

Source:: https://chargedevs.com/newswire/dana-and-tm4-join-forces-to-offer-a-range-of-powertrain-technologies/