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InsideEVs
InsideEVs
Technology
Mark Kane

Hyundai Motor Group Orders Vitesco EMR4 Axle Drives For New EVs

Vitesco Technologies officially announced that Hyundai Motor Group has placed a major order for its latest EMR4 (Electronics Motor Reducer) axle drive.

The value of the deal is estimated at the €2 billion ($2.1 billion) magnitude, which suggests a multi-year, high-volume electric car in the pipeline.

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