TOKYO -- Japan's Yaskawa Electric will team up with China's Chery Automobile to make and sell equipment for electric vehicle production in China, looking to sell its robots and motors to a growing market.
The partnership announced Wednesday entails Yaskawa taking a small stake in Chery unit Anhui Ruixiang Industry, though details about the investment were not disclosed. The Japanese industrial robot maker will use its sales channels and expertise in introducing new equipment.
