Hyundai Transys to supply electric vehicle drive systems to Ceer, Saudi Arabia
On June 11, Ceer, Saudi Arabia’s first electric vehicle (EV) brand and OEM, signed a SAR 8.2 billion (USD 2.18 billion) partnership with Hyundai Transys for the supply of innovative electric vehicle drive systems (EDS) for its vehicles.
Unlike typical EDS, which comprise separate motors, inverters, and reduction gear