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CRRC Group, e-Gle conclude partnership agreement to produce EV in-wheel motors

KAWASAKI, Japan – Shanghai e-Gle New Energy Automotive Co., Ltd., a subsidiary of e-Gle Co., Ltd., and Xiangyang CRRC Electric Machinery Co., Ltd. announced on June 21 in Zhuzhou, Hunan Province that they concluded a partnership agreement with the aim of driving the new energy automobile industry forward as global leaders by providing advanced power solutions.

Initially, the companies will begin with the project of producing and selling in-wheel motors to automakers.

Xiangyang CRRC Electric Machinery Co., Ltd., CRRC Group Corp’s subsidiary specializing in electric motors, decided to partner with Japan’s e-Gle, known in the world as a pioneer with advanced technical capabilities in the development of EV, as it intends to quickly acquire a top market share by taking advantage of CRRC Group’s overwhelming name recognition, creditworthiness and supply chain. The in-wheel motor system is based on the technology to equip each driving wheel with a motor inside and directly control the body of a vehicle, and e-Gle has state-of-the-art technology for the system.

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