Daimler and Bosch announce JV

Daimler and Robert Bosch have signed agreements on the establishment of a 50:50 joint venture (JV) for electric motors. Subject to the approval of the antitrust authoritie, the new company, which is to be set up under the name EM-motive, will develop, produce, and market innovative electric motors for electric vehicles.
April 19, 2012 Read time: 2 mins
2069 Daimler and Robert 311 Bosch have signed agreements on the establishment of a 50:50 joint venture (JV) for electric motors. Subject to the approval of the antitrust authoritie, the new company, which is to be set up under the name EM-motive, will develop, produce, and market innovative electric motors for electric vehicles.

The company will have its headquarters and manufacturing facilities in Germany and the joint venture's engineering site will be located close to the parent companies in the Stuttgart area. Some 100 employees are expected to start working for the joint venture in the fourth quarter of this year. EM-motive will be headed up by two directors of equal rank, one from each partner company.

According to Daimler’s Prof. Dr. Herbert Kohler, "Like lithium-ion batteries, electric motors are key components for our electric vehicles. It is extremely important that competence in this field is maintained in Germany. In joining forces with Bosch, we have now teamed up with a long-standing partner, and are confident that this move will lead to outstanding results."

The aim of the cooperation is to accelerate the development of premium traction motors for electric vehicles with battery, fuel cell, or range extender. The preparatory activities for the establishment of the joint venture have already begun, and the production of motors is due to commence at the start of 2012. The traction motors will be used in the electric vehicles of both the 1685 Mercedes-Benz and 5062 Smart brands, starting with the new generation of the Smart Fortwo electric drive, which is to go on sale in early 2012.

For more information on companies in this article

Related Content

  • US$144 billion market forecast for multi-motor electric vehicles
    July 10, 2014
    The latest Electric Motors for Hybrid and Pure Electric Vehicles 2015-2025: Land, Water, Air report from IDTechEX finds that a US$144 billion market awaits in 2025, boosted by 8.9 million extra motors for multi-motor vehicles, most of them land vehicles - particularly cars - with industrial-commercial vehicles following close behind. Primary author Dr Peter Harrop notes, "Nevertheless, largest profit may be made in military and other segments. In some segments you are likely to be competing with your cus
    Read More
  • Electric motor market expected to flourish in the next decade
    September 19, 2012
    Developments in the electric vehicle market are expected to boost growth in the electric motor market according to consulting and research organisations IDTechEX and Frost & Sullivan. As electric vehicles head towards mass production, the model of electric motor supply also requires changes in the future. In its 2012 market forecast with a ten year horizon, IDTechEX, a consulting and research organisation, argues that: “Any motor manufacturer without a compelling line up of electric vehicles by 2025 is sign
    Read More
  • Ford and Toyota announce hybrid and telematics collaboration
    April 18, 2012
    Ford Motor Company and Toyota Motor Corporation have announced they will equally collaborate on the development of an advanced new hybrid system for light truck and SUV customers. The two companies also agreed to work together on enablers to complement each company's existing telematics platform standards, helping bring more Internet-based services and useful information to consumers globally.
    Read More
  • Frequency changes threaten vehicle safety applications
    January 24, 2012
    The use of frequency spectrum at 5.9GHz for vehicle safety applications is at risk because of two draft bills currently before Congress. Here, we look at why and what’s being done to address the issue. In the US, the right of cooperative infrastructure to use frequency at 5.9GHz is under threat as a result of the proposal of two bills in Congress. The chronology of spectrum allocation for Dedicated Short- Range Communications (DSRC)-based Vehicle-to-Infrastructure (V2I) and Vehicle-to-Vehicle (V2V) safety a
    Read More

Highlighted Content