Garrett Motion, SinoTruk E-Powertrain Alliance
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•Garrett and Sinotruk sign LOI to get high-speed electrified powertrain to e-trucks
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- Garrett Motion ( NASDAQ : GTX ) and China National Heavy Duty Truck Group signed a Letter of Intent to jointly develop next-generation E-powertrain for application in SinoTruk 's product portfolio, with the aim of joining forces to start mass production of trucks equipped with this next gen E-powertrain by 2027 . - Under this alliance, the two companies will advance Proof of Concepts for e-powertrain systems in both light and heavy trucks, with a focus on energy efficiency and simplified vehicle integration. - Source: Press Release.
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