High-grade silicon steel for e-mobility: Vitesco Technologies cooperates closely with Baosteel
Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, signed a strategic cooperation agreement at its China headquarters with Baosteel, a leading steel conglomerate based in Chia. By making joint efforts on new materials based on high grade non-oriented silicon steel, the two companies aim to help sustainable mobility, promote the development of e-mobility technology, and create a model of shared value in the industry.
City Air News
Aug 25, 2023 02:05
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Hyderabad, August 25, 2023: Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, signed a strategic cooperation agreement at its China headquarters with Baosteel, a leading steel conglomerate based in Chia. By making joint efforts on new materials based on high grade non-oriented silicon steel, the two companies aim to help sustainable mobility, promote the development of e-mobility technology, and create a model of shared value in the industry.
“The success and growth of Vitesco Technologies in this fast- developing market depend to a large extent on the strong support of our partners. Stepping into this cooperation with Baosteel, I believe we will strengthen our activities and goals in the area of technologies and sustainability,” said Gregoire Cuny, head of Vitesco Technologies China.
“The cooperation between Baosteel and Vitesco Technologies is a valuable process of win-win results. In 2018, we started the cooperation on the materials of motors on the EMR3 platform. Today’s strategic cooperation agreement will bring our partnership to a higher level and make more contributions to the e-mobility industry,” said Hu Hong, member of the Standing Committee of the Party Committee and deputy general manager of Baosteel.
