Valeo, Siemens to establish joint venture to produce high voltage powertrains

Valeo S.A. announced a project to enter into a 50/50 joint venture agreement with Siemens AG dedicated to high voltage powertrains. The two companies will join forces to offer the various range of high voltage (above 60V) components and systems for all types of electric vehicles (hybrids, plug-in hybrids and full ele....

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