23 Jun '18, 3pm

#Dana buys majority stake #TM4 for C$165M; #Hydro-Québec retains 45%; new JV https://t.co/ntk0JtQNvQ

Dana Incorporated and Hydro-Québec announced a joint-venture partnership in which TM4 Inc., a subsidiary of Hydro-Québec, will become Dana’s source for electric motors, power inverters, and control systems. As part of this agreement, Dana will become a majority shareholder of TM4 in exchange for CA$165 million (approximately US$127 million). Hydro-Québec will maintain a 45% interest in TM4. TM4 designs and manufactures motors, power inverters, and control systems for electric vehicles, offering a complementary portfolio to Dana’s electric gearboxes and thermal-management technologies for batteries, motors, and inverters. The transaction establishes Dana as the only supplier with full e-Drive design, engineering, and manufacturing capabilities—offering electro-mechanical propulsion solutions to each of its end markets. TM4 was founded in 1998 by Hydro-Québec, Canada’s large...

Full article: http://www.greencarcongress.com/2018/06/201806223-dana.html


Arduino and Pidgin C++

hackaday.com 23 Jun '18, 5pm

What do you program the Arduino in? C? Actually, the Arduino’s byzantine build processes uses C++. All the features you ge...