CTTAY Continental AG (PK)

By Kim Richters

German powertrain maker Vitesco Technologies GmbH said Wednesday that it is delivering its electric axle drives to Dongfeng Passenger Car Corporation.

The Continental AG-subsidiary said the subsidiary of Chinese car maker Dongfeng Motor Group Co. will use the system in its Yixuan electric passenger car.

Vitesco produces the fully integrated electric drives at its plant in Tianjin, China.

It didn't provide financial terms of the deal.

Write to Kim Richters at kim.richters@wsj.com

(END) Dow Jones Newswires

August 26, 2020 06:24 ET (10:24 GMT)

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