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Maumee, Ohio, and Leeds, United Kingdom, July 29, 2021 /PRNewswire/ – Dana Incorporated (NYSE:and), a global leader in powertrain and electronic propulsion systems, and Switch Mobility Ltd. (“Switch Mobility” or “Company”), a subsidiary of an electric commercial vehicle company and leading commercial vehicle manufacturer Ashok Leyland Ltd., announced today that this The two entities signed a strategic agreement.
According to the terms of the agreement, Dana will make a strategic investment in Switch Mobility and become the company’s preferred supplier of electric drive system components for electric buses and electric commercial vehicle products, providing electric axles, gearboxes, motors, inverters, and software And control and electronic cooling.
James Kamsikas, Dana Chairman and CEO, Say: “Light commercial vehicles and buses continue to present significant opportunities because they lead commercial vehicles…
The full story on Benzinga.com
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