ALTe Joint Venture for Production of Commercial Electric Vehicles

ALTe Powertrain Technologies, a company that develops plug-in electric hybrid vehicle powertrains for light commercial vehicles, is partnering with China-based Henan Benma Co. to form a manufacturing joint venture.

The joint venture will produce commercial vehicles – starting with a three-ton truck and medium-sized bus platform – that are powered exclusively by plug-in electric and hybrid systems from ALTe. The target volume will ramp up to 10,000 vehicles per year, the companies say.

Henan Benma produces 20 different models of commercial vehicles for the Chinese market, with a production capacity of 300,000 vehicles per year.

‘Working together with Benma in China and the U.S., we expect to implement the technology improvements and cost reductions to enable broad adoption of plug-in electric hybrid powered vehicles,’ says John Thomas, chairman and CEO of ALTe.

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