Shanghai, China, August 18, 2023. Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, signed a strategic cooperation agreement with Baosteel, a leading steel conglomerate based in China. By making joint efforts on new materials based on high-grade non-oriented silicon steel, the two companies aim to promote sustainable mobility and the development of e-mobility technology, as well as to create a model of shared value in the industry.
