The Austrian GWM subsidiary is now developing complete electric drives in Austria i.e. electric engines, an inverter and transmissions for use in future electric-powered cars in China. At present the electric drives are being developed for an e-powered pickup and a hybrid drive system.
"Austria is located in the heart of Europe and has a long tradition as a country for automobile suppliers. For us it is easier than for our Chinese colleagues to get into contact with partner companies in Germany, Italy, Slovenia etc. and work together with them. We have very good engineers here and as a country we cultivate very good ties to China. Moreover, we have very high educational standards in Austria, and top universities and universities of applied sciences in our field in the immediate vicinity", explains Markus Schermann, CEO of the Austrian GWM subsidiary in an interview for Trending Topics, justifying the decision in favour of the Austrian business location.