Under the agreement Visedo will benefit from TECO’s significant production capacity and ability to service major tender projects worldwide and particularly in Asia. In turn, TECO will have access to Visedo’s unique expertise in developing synchronous reluctance assisted permanent magnet (SRPM) power systems, a technology superior to currently produced powertrains for heavy electric vehicles.
The agreement will also assist Visedo to further develop commercial opportunities across Asia’s emerging markets.
Visedo’s technology powers fully electric buses in Finland and Sweden; it also help deliver Asia’s first hybrid electric ferry, Finland’s first all-electric ferry and is currently developing the power system for a large electric E-ferry in Denmark.
As part of its concerted efforts to further develop opportunities in Asia, Finnish manufacturer of electric drivetrains for heavy vehicles, Visedo, has signed a production and co-operation agreement with Asian electric motor producer TECO Electric & Machinery Company.
