Meritor makes strategic investment in TransPower to accelerate medium- and heavy-duty electrical vehicle platforms

By mmillikin Meritor, Inc., a leading global supplier of drivetrain, mobility, braking and aftermarket solutions for commercial vehicle and industrial markets, has made a strategic investment in TransPower, a provider of electrification technologies for large commercial vehicles. (Earlier post, earlier post.) Terms of the transaction were not disclosed.

California-based TransPower supplies integrated drive systems, full electric truck solutions and energy-storage subsystems to major manufacturers of trucks, school buses, refuse vehicles and terminal tractors. The company has been focused exclusively on developing electrical drive solutions for more than seven years.

With its investment in TransPower, Meritor expects to accelerate introduction of its flexible electric axle

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