The global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems Knorr-Bremse has invested in Chinese e-motor supplier Bobang in return for a minority stake of around 13%. The investment further strengthens Knorr-Bremse’s position as a leading supplier of braking and steering systems for commercial vehicles by increasing the company’s e-motor competencies and making it even more cost-competitive. The partnership between Knorr-Bremse and Bobang will help both companies to further enhance and accelerate their response to the electrification of commercial vehicles. At the same time, the partners will be able to leverage their combined strengths to address the associated challenges.
The global market leader for braking systems and a leading supplier of other rail and commercial vehicle systems Knorr-Bremse has invested in Chinese e-motor supplier Bobang in return for a minority stake of around 13%. The investment further strengthens Knorr-Bremse’s position as a leading supplier of braking and steering systems for commercial vehicles by increasing the company’s e-motor competencies and making it even more cost-competitive. The partnership between Knorr-Bremse and Bobang will help both companies to further enhance and accelerate their response to the electrification of commercial vehicles. At the same time, the partners will be able to leverage their combined strengths to address the associated challenges.
