Suzuki invests in Inmotive to accelerate joint development of two-speed EV transmission

Japanese automaker makes investment in Inmotive Inc, the Canada-based inventor of the Ingear, an ultra-efficient multi-speed powertrain technology for a wide range of applications, through its corporate venture capital fund.

23 Oct 2023 | 3392 Views | By Ajit Dalvi & Autocar Pro News Desk

Suzuki Motor Corporation has invested in Canada-based Inmotive Inc through Suzuki’s corporate venture capital fund, Suzuki Global Ventures. In December 2022, Suzuki and Inmotive tied up for joint development of a two-speed EV transmission, and have since been working together for its development for use in a future Suzuki ...

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