A new joint venture has been announced between TM4,PSA Peugeot Citroën, Exagon Motors, Hydro-Québec and the Gouvernement du Québec. TM4 will act as the developer of the electric powertrain in the pre-development phase of the project.
“TM4 is thrilled to be working with partners recognized for their technological expertise vanguard. Already well established as a supplier of electric powertrains in the commercial transport sector, this partnership represents a major breakthrough for TM4 in the passenger car industry”, adds Robert Baril, COO of TM4.
TM4 has collaborated twice with PSA Peugeot Citroën in the past years, demonstrating its expertise and know-how. In 2004, TM4 developed and produced a four-wheel drivetrain system for a technology demonstrator vehicle Peugeot Quark. In 2006, TM4 also developed wheel motors for the concept car Citroen C-Metisse. Éric Martel, President and CEO of Hydro-Québec, emphasizes that “the fact that a major car maker like PSA Peugeot Citroën is taking an interest in TM4 products is a testament to their quality and enviable reputation at the international level.”