VW electric car sales plunge: Why are Europeans returning to petrol?
April 11, 2024
By Angela Barnes Sales of Volkswagen electric vehicles in Europe fell by almost a quarter in the first three...
Valeo & Michelin Look to Create EV ConsortiumValeo & Michelin Look to Create EV Consortium
Yesterday, while discussing their 2008 financial numbers, Paris-based Valeo announced their partnership with Michelin to develop and produce pure electric and plug-in hybrid vehicles.
Michelin, from central France (Clermont-Ferrand), will provide their Active Wheel technology, which will make obsolete the gearbox, clutch, transmission shift, universal joint and anti-roll bar. Valeo will develop the engine and battery cooling systems and climate control, among other things. Both companies are looking for a third partner, hopefully an established automaker, one that will help them create a “French Champion” electric vehicle.
Well, it doesn’t necessarily have to be FRENCH…
“We may team up with a French firm or it may be a Germany company,” said Valeo CEO Thierry Morin.
View original artcle at: “https://www.greencarreports.com//news/1018656_valeo-michelin-look-to-create-ev-consortium”
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