Zhejiang Asia-Pacific, Elaphe Propulsion Technologies to form joint venture in China  [ China ]

Zhejiang Asia-Pacific Mechanical & Electronic Co., Ltd. announced that the company and Elaphe Propulsion Technologies of Slovenia signed an agreement to form an in-wheel motor production joint-venture in China. The signing took place on July 27, 2015. The joint venture is expected to be owned 51 percent by Zhejiang Asia-Pacific Mechanical & Electronic and 49 percent by Elaphe. Zhejiang ...
<Jul 29, 2015>