Siemens has launched an Inside Electric Cars division that aims to provide an entire range of technologies for electric car designers and manufacturers.
The goal of the new unit is to be one of the world’s principal providers of key components for automobiles and light commercial vehicles powered only by electricity. It will initially focus on electric motors, inverters and onboard charging systems.
Siemens announced the new business unit at the China Electric Vehicle Symposium, largely due to the Shenzhen government’s recent announcement of plans to spend US$4.5 billion to adapt its infrastructure to support more electric vehicle use – targeted largely at mass and personal transportation as well as charging stations.
Design News reports the Inside Electric Cars division is headquartered in Erlangen, Germany, and also has additional development capabilities in Shanghai.