Allison Transmission Holdings has purchased Vantage Power and AxleTech’s electric vehicle (EV) systems division.
Allison Transmission says both of these acquisitions will complement its existing capabilities to advance electrification adoption in commercial vehicles.
Vantage Power is a London-based technology company specializing in developing electrified propulsion and connected vehicle technologies for medium- and heavy-duty vehicle manufacturers and their suppliers. With a focus on battery technology development, vehicle integration and control systems, as well as vehicle connectivity and telemetry, Vantage Power technologies have been deployed in a wide range of applications including complete electric hybrid repower systems for buses to grid energy storage.
AxleTech designs, engineers, manufactures, sells and services axles and integrated electrified axle solutions for on- and off-highway heavy-duty commercial vehicles.