Schaeffler, ABT to Collaborate on Electrification of Light Commercial Vehicles
December 03 2019 - 6:30AM
Dow Jones News
By Max Bernhard
Schaeffler AG (SHA.XE) said Tuesday that it will collaborate
with ABT e-Line GmbH to electrify light commercial vehicles.
ABT has been commissioned to fully electrify Volkswagen AG's
(VOW.XE) light commercial vehicles including the T6 and Caddy
models, the German auto-parts supplier said.
Schaeffler will contribute technological and management
expertise to the partnership and will develop and supply technology
for the electric powertrain, pending regulatory approvals, it
said.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
December 03, 2019 06:15 ET (11:15 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
Volkswagen (TG:VOW3)
Historical Stock Chart
From Mar 2024 to Apr 2024
Volkswagen (TG:VOW3)
Historical Stock Chart
From Apr 2023 to Apr 2024
