Vitesco bags USD2.1-billion contract from Hyundai to supply axle drive EMR4
Vitesco’s 400 V/160 kW 3-in-1 unit will be used by Hyundai Motor in its global B- and C-segment electric cars
German supplier of powertrain components and electric mobility solutions Vitesco Technologies has secured a EUR2-billion (USD2.1 billion) contract from Hyundai Motor Group to supply its new-generation axle drive EMR4 (electronics motor reducer), the company announced on 2 May 2022.
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