{"id":840516,"date":"2025-04-23T07:52:36","date_gmt":"2025-04-23T11:52:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/"},"modified":"2025-04-23T07:52:36","modified_gmt":"2025-04-23T11:52:36","slug":"garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/","title":{"rendered":"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">ROLLE, Switzerland and PLYMOUTH, Mich., April  23, 2025  (GLOBE NEWSWIRE) &#8212; Garrett Motion Inc. (NASDAQ: GTX), a leading differentiated automotive technology provider and Shaanxi Hande Axle Co., Ltd. (HanDe), a leading Chinese axle manufacturer for commercial vehicles, have signed a strategic agreement, including a series production award, to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The signing took place today at the Shanghai Auto Show\u2014China\u2019s flagship platform for mobility innovation\u2014marking a significant milestone in the electrification of commercial transport.<\/p>\n<p align=\"center\">\n        \n      <\/p>\n<p align=\"justify\">\n        <em>Right after signing: Mr. Olivier Rabiller (President and CEO of Garrett) and Mr. Zhanchao Wang (General Manager of HanDe) are shaking hands. Alongside them: Mrs. Jessica Zhang (Vice-President and General Manager of China for Garrett Motion) and Mr. Weiqi Ding (Deputy General Manager of HanDe).<\/em>\n      <\/p>\n<p align=\"justify\">Garrett is pioneering high-speed electric motors combined with fully in-house developed inverter technology for commercial vehicles\u2014delivering breakthrough reductions in size and weight versus current industry benchmarks. For fleets, this translates into significantly lower total cost of ownership (TCO) through reduced energy use, lower maintenance, and improved drivability thanks to less unsprung mass. The system is engineered to minimize the use of rare earths and critical minerals, supporting more sustainable sourcing. Scalable and production-ready, the Garrett E-powertrain solution for commercial vehicles marks a major step towards high volume roll out of electric trucks. Convinced by the tangible TCO savings, sustainability and drivability benefits, Garrett sees a strong interest from leading global commercial vehicle OEMs and fleet operators to quickly adopt this solution.<\/p>\n<p align=\"justify\">Under the agreement, Garrett and HanDe will co-develop next-generation electric beam axle systems across truck weight classes, with production targeted for 2027. The solution will integrate Garrett\u2019s high-speed e-motor and inverter technology into HanDe\u2019s proven axle and transmission platforms\u2014delivering industry-leading TCO, high performance, efficient packaging, and system scalability.<\/p>\n<p align=\"justify\">The strategic partnership includes a multi-year production award from major Chinese commercial vehicle manufacturers and will support both high-volume domestic output and international expansion. Initial manufacturing will take place in Xi\u2019an and Wuhan, with test fleets set to begin field trials in 2026 as part of a broader global rollout strategy.<\/p>\n<p align=\"justify\">\u201c<em>Our collaboration with HanDe is a strategic step forward in electrifying trucks<\/em>,\u201d said Olivier Rabiller, President and CEO of Garrett Motion. \u201c<em>This strategic partnership builds on our momentum in commercial electrification and reflects the growing demand for differentiated, scalable technologies. By combining Garrett\u2019s high-speed e-motor and inverter expertise with HanDe\u2019s strength in axles and transmissions, we\u2019re setting a new benchmark for performance and sustainability\u2014both in China and globally.\u201d<\/em><\/p>\n<p align=\"justify\">Wang Zhanchao, Party Secretary and General Manager of Hande Axle, commented: <em>\u201cWe are proud to partner with Garrett\u2014a trusted global technology leader\u2014to co-develop next-generation electric axle systems that will define the future of commercial mobility. Signing this agreement at the Shanghai Auto Show underscores the strength of our shared ambition. With thousands of vehicles expected on the road by 2027, we are already collaborating with OEMs to accelerate deployment across China, Japan, Europe, and beyond. This collaboration represents more than innovation\u2014it\u2019s a bold step toward a more sustainable, electrified transport ecosystem.\u201d<\/em><\/p>\n<p align=\"justify\">This collaboration also aims to contribute to the local electrification ecosystem through knowledge sharing and joint engineering development, strengthening regional supply chains and accelerating the adoption of zero-emission trucks.<\/p>\n<p align=\"justify\">\n        <strong>About Garrett Motion China<\/strong><br \/>\n        <br \/>Garrett established a presence in China in 1994 and was one of the first global companies to introduce turbocharging technology to the country. Headquartered in Shanghai, Garrett has two world-class advanced manufacturing facilities in Shanghai and Wuhan, as well as an initial R&amp;D center in Shanghai and a second under construction in Wuhan.<\/p>\n<p align=\"justify\">The company employs more than 1,000 people, including a China R&amp;D team of over 200 specialists with end-to-end engineering and service capabilities. Garrett boasts lasting partnerships with more than 40 global and Chinese automakers. It offers a comprehensive portfolio of turbocharging technology for gasoline, diesel, natural gas, hybrid and zero emission technology for battery electric vehicles.<\/p>\n<p align=\"justify\">\n        <strong>About Garrett Motion Inc. <\/strong><br \/>\n        <br \/>A differentiated technology leader, Garrett Motion has a 70-year history of innovation in the automotive sector (cars, trucks) and beyond (off-highway equipment, marine, power generators). Its expertise in turbocharging has enabled significant reductions in engine size, fuel consumption, and CO<sub>2<\/sub> emissions. Garrett is expanding its positive impact by developing differentiated technology solutions for Zero Emission Vehicles, such as fuel cell compressors for hydrogen fuel cell vehicles, as well as electric propulsion and thermal management systems for battery electric vehicles. Garrett has five R&amp;D centers, 13 manufacturing facilities and a team of more than 9,000 employees in more than 20 countries. Its mission is to enable the transportation industry to advance motion through unique, differentiated innovation. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=3XZoo6-2_SCmjhwNG1_afA7dRUR3n99f5wymfdzdyrevZcErFIvH5tAJDXfE32cf7r0uBVYm9mrjVXE1SReOxbtUDVWmO-bkAvE-Apvi3qE=\" rel=\"nofollow\" target=\"_blank\"><em>www.garrettmotion.com<\/em><\/a><em>.<\/em><\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <u>CONTACTS:<\/u><br \/>\n        <\/strong>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong><br \/>\n              <u>Global Media<\/u><br \/>\n            <\/strong>\n          <\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\n            <strong><br \/>\n              <u>Investor Relations<\/u><br \/>\n            <\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Amanda Jones<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Cyril Grandjean<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">amanda.jones@garrettmotion.com<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">investorrelations@garrettmotion.com<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Cell. +41 79 601 07 87<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">Cell +1 734 392 5504<\/td>\n<\/tr>\n<tr>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"text-align: justify;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>A photo accompanying this announcement is available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Q4AuveqwNn_JPXpzhU0zNYUBzZa1DQsLK91rCOy2LbreerlGqYPDPEGiHeE4y3Br-55BCGjzDQcSae3bkJX1TyFeFIy4wP3GPM1Wd1AdT2gzWSgNb9VFEqfsA_Id7MeCb797ypLIVmv7BpGmdw6hbyQ-VBzqBLUR22EKSrjsitaEDqp1yXzF4VUrbOIN8WS__BC7XrcRUgrhKhR8N2cYtE8MlzrN3-fCYmt2R1RnuYQA_avwKGYI2m5RjRefDJhiamEU5Pd3aObwwVM9vzP-_Q==\" rel=\"nofollow\" target=\"_blank\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/18378f76-f71f-4949-9138-ad5f98076e13<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzI5OCM2OTAwNTA0IzIyMDk4NjE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTQ2YTk5YmYtNTM4NS00MjA0LTk4ZWItN2EwNmQ0NWY5Yzc0LTEyMjE0MTQtMjAyNS0wNC0yMy1lbg==\/tiny\/Garrett-Motion-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>ROLLE, Switzerland and PLYMOUTH, Mich., April 23, 2025 (GLOBE NEWSWIRE) &#8212; Garrett Motion Inc. (NASDAQ: GTX), a leading differentiated automotive technology provider and Shaanxi Hande Axle Co., Ltd. (HanDe), a leading Chinese axle manufacturer for commercial vehicles, have signed a strategic agreement, including a series production award, to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The signing took place today at the Shanghai Auto Show\u2014China\u2019s flagship platform for mobility innovation\u2014marking a significant milestone in the electrification of commercial transport. Right after signing: Mr. Olivier Rabiller (President and CEO of Garrett) and Mr. Zhanchao Wang (General Manager of HanDe) are shaking hands. Alongside them: Mrs. Jessica Zhang (Vice-President and General Manager of China for Garrett &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-840516","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ROLLE, Switzerland and PLYMOUTH, Mich., April 23, 2025 (GLOBE NEWSWIRE) &#8212; Garrett Motion Inc. (NASDAQ: GTX), a leading differentiated automotive technology provider and Shaanxi Hande Axle Co., Ltd. (HanDe), a leading Chinese axle manufacturer for commercial vehicles, have signed a strategic agreement, including a series production award, to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The signing took place today at the Shanghai Auto Show\u2014China\u2019s flagship platform for mobility innovation\u2014marking a significant milestone in the electrification of commercial transport. Right after signing: Mr. Olivier Rabiller (President and CEO of Garrett) and Mr. Zhanchao Wang (General Manager of HanDe) are shaking hands. Alongside them: Mrs. Jessica Zhang (Vice-President and General Manager of China for Garrett &hellip; Continue reading &quot;Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-23T11:52:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzI5OCM2OTAwNTA0IzIyMDk4NjE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems\",\"datePublished\":\"2025-04-23T11:52:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\\\/\"},\"wordCount\":847,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTQzNzI5OCM2OTAwNTA0IzIyMDk4NjE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\\\/\",\"name\":\"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems - 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(NASDAQ: GTX), a leading differentiated automotive technology provider and Shaanxi Hande Axle Co., Ltd. (HanDe), a leading Chinese axle manufacturer for commercial vehicles, have signed a strategic agreement, including a series production award, to co-develop and manufacture advanced electric beam axle systems for medium and heavy-duty trucks. The signing took place today at the Shanghai Auto Show\u2014China\u2019s flagship platform for mobility innovation\u2014marking a significant milestone in the electrification of commercial transport. Right after signing: Mr. Olivier Rabiller (President and CEO of Garrett) and Mr. Zhanchao Wang (General Manager of HanDe) are shaking hands. Alongside them: Mrs. Jessica Zhang (Vice-President and General Manager of China for Garrett &hellip; Continue reading \"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/","og_site_name":"Market Newsdesk","article_published_time":"2025-04-23T11:52:36+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzI5OCM2OTAwNTA0IzIyMDk4NjE=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems","datePublished":"2025-04-23T11:52:36+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/"},"wordCount":847,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTQzNzI5OCM2OTAwNTA0IzIyMDk4NjE=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/garrett-and-hande-sign-strategic-partnership-including-series-production-award-to-accelerate-electrification-of-heavy-duty-trucks-with-advanced-e-axle-systems\/","name":"Garrett and HanDe Sign Strategic Partnership, Including Series Production Award to Accelerate Electrification of Heavy-Duty Trucks with Advanced E-Axle Systems - 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