Robert Bosch GmbH says it plans to type a joint venture with Chinese organization Ningbo Polaris Technology to generate wheel hub motors for electric scooters.
Bosch will hold a majority share of the venture, but did not disclose more details.
Ningbo, which employs 450 workers, tends to make motors for electric scooters beneath the Poltm brand. Last year, the business sold 1 million motors.
The international market place for electric scooters is expanding steadily. Final year, 27 million
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