Fallbrook Technologies Inc. said March 14 that it has forged a joint venture with Ningbo Shentong Group, a Chinese auto-parts manufacturer, to develop and market Fallbrook’s transmission technology for the Chinese and other foreign markets.
The joint venture, called Shentong Fallbrook CVT Co. Ltd., will apply Fallbrook’s transmission to electric and hybrid electric passenger cars as well as light trucks.
Fallbrook Technologies invented the NuVinci continuously variable planetary transmission. The company’s headquarters is in Sorrento Mesa. Ningbo Shentong is located in Yuyao, a coastal city 50 miles south of Shanghai.
— Brad Graves