Garrett And SinoTruk Sign LOI With China National Heavy Duty Truck Group Co., To Bring Leading High-Speed Electrified Powertrain To E-Trucks
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Garrett Motion Inc. and SinoTruk have signed a Letter of Intent to collaborate on developing advanced electric powertrains for commercial vehicles, aiming for mass production by 2027.
October 17, 2024 | 8:25 pm
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Garrett Motion Inc. has signed a Letter of Intent with SinoTruk to develop advanced electric powertrains for commercial vehicles, aiming for mass production by 2027.
The partnership with SinoTruk to develop electric powertrains positions Garrett Motion Inc. as a key player in the growing electric vehicle market, potentially boosting its stock price due to future growth prospects.
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