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Dana Inc. announced it completed the acquisition of Nordresa Motors Inc., which designs and integrates electric systems for commercial vehicles.
Terms of the transaction were not disclosed.
The investment enhances Dana’s electrification capabilities by combining its complete portfolio of motors, inverters, chargers, gearboxes and thermal-management products with Montreal-based Nordresa’s proprietary battery-management system, electric powertrain controls and integration expertise to deliver complete electric powertrain systems, according to the Maumee,Ohio-based company.
“Each of Dana’s customers are at different points on their electrification journey, and our strategy remains focused on supporting them with industry-leading technology and expertise for all vehicle architectures,” Dana CEO James Kamsickas said in a company release.
The transition of the powertrain to fully electric requires changes to the propulsion system, power steering, air conditioning compressors and other accessory systems that are specifically engineered for battery-electric solutions. Nordresa has the ability to integrate these systems while customizing the battery storage and management systems, and that enables the most efficient solutions to be offered to customers. — Transport Topics