Hydro-Quebec invests in Dana TM4 for electric powertrains  [ Canada ]

Dana TM4, a joint venture between Dana Incorporated and Hydro-Quebec, announced that Hydro-Quebec has invested $ 85 million to secure the growth of TM4, now called Dana TM4, in the electric powertrain sector. The $ 85 million investments will allow Hydro-Quebec to maintain its 45% interest in Dana TM4, which will now hold 100% of Chinese company Dana Electric Motor Co. Ltd., in which Dana TM4 p...
<Jul 31, 2019>