Mercedes-Benz acquires electric motor manufacturer YASA
The YASA team will continue to operate from its HQ and production facility in Oxford, UK
German luxury carmaker Mercedes-Benz has acquired the UK-based electric motor manufacturer YASA, the two companies announced on 22 July. Under the terms of the acquisition, YASA chief executive officer Chris Harris said that the company would operate as a wholly owned subsidiary of Mercedes-Benz, developing ultra-high-performance e-motors, while retaining its own brand, team, facilities and continuing to supply existing automotive supercar customers.
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