 Both parties believe that by partnering and complementing their respective strengths, TM4 will be able to reach its full potential.In July 2019, Hydro-Québec announces that the company has invested $85 million to secure the growth of TM4, now called Dana TM4, and to ensure its leadership position in the electric powertrain sector.This investment includes the exclusive property of Chinese company Dana Electric Motor Co. Ltd, formerly called Prestolite E-Propulsion Systems (PEPS), by Dana TM4, in which it previously held a 50% interest.