Allison Transmission acquires Vantage Power and AxleTech’s electric vehicle systems division

On April, 23 Allison Transmission Holdings Inc. the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced that it has purchased Vantage Power and AxleTech’s electric vehicle (EV) systems division.
Both of these acquisitions will complement Allison’s electrification strategy th....

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