May 24, 2:39 AM EDT
Media & Culture
Daimler AG to develop electric vehicles with Robert Bosch
By IBT Staff Reporter on 04/13/11 AT 1:49 AM
German luxury automaker Daimler AG and auto part manufacturer Robert Bosch GmbH plan to establish a 50:50 joint venture in the development and production of electric motors for all-electric vehicles in Europe.