Chinese-Israeli Electric Car Venture Partners With American Company
Israel Corporation is not giving up on the electric car market, even as it continues to lick its wounds from the liquidation Better Place Inc. Qoros Auto Company Ltd., Israel Corp’s Chinese joint venture with Chery Automobile Co. Ltd., has signed a contract with American Axle Manufacturing Inc. (AAM), which will supply its hybrid and electric driveline systems to the carmaker.
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The e-AAM hybrid and electric driveline systems consist of an electric drive unit, power box unit with an electric drive control module and a proprietary control strategy, and software for traction and hybrid controls functionality. Its features include better fuel efficiency, reduced carbon dioxide emissions, and improved safety, ride and handling performance.