TM4 joint venture starts production at Chinese facility
Company will increase its capacity to 500 units per month in 2015.
MONTRÉAL — Prestolite Electric Propulsion Systems (PEPS) has launched production at its new factory in Beijing.
PEPS is a joint venture between TM4, a subsidiary of Hydro-Québec, and Prestolite Electric (Beijing) Ltd. (PEBL).
The automated PEPS production line currently has a monthly capacity of 200 electric motors and power electronics modules. In 2015, the company will increase its capacity to 500 units per month.
PEPS manufactures high-end hybrid and electric motor systems for the sustainable mobility market. Its product line includes motors, generators, inverters and vehicle control units for 6–18 metre buses, commercial vehicles, heavy machinery and river watercraft.
A wholly owned subsidiary of Hydro-Québec and based in Boucherville, Que., TM4 was created in 1998 to market the electric propulsion technology developed by Hydro-Québec’s research institute, IREQ.