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IPFS News Link • Transportation

Peugeot Citroën, Exagon, Hydro-Québec & Others Partner On New Electric Drivetrain

• insideevs.com

Their goal is to develop a new high-performance electric drivetrain that will be manufactured by TM4 in Québec.

"TM4 will act as the developer of the electric powertrain in the pre-development phase of the project.

During this process, TM4 will develop a new, highly efficient and high performance drivetrain. This system will be a state-of-the-art evolution of the TM4 MOTIVE series, consisting of permanent magnet electric motors and power electronics. Specifically designed for passenger cars and light-duty vehicles, these systems are effective turnkey solutions created expressively for electric vehicles. This new powertrain will be designed and manufactured at TM4's headquarters in Boucherville, Quebec."

The government promised $10 million (CAD) equity interest and a $6 million (CAD) loan for the project, while Hydro­Québec will contribute another $4 million (CAD). In total, the project will cost nearly $31 million (CAD) .


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