ZF Acquires WABCO To Capitalise Growth In Autonomous, Efficient, Connected CVs

ZF Friedrichshafen AG, has announced that it has entered into a definitive agreement to acquire WABCO for $136.50 per share. The planned acquisition is part of ZF’s Next Generation Mobility strategy and will expand the company’s expertise to include commercial vehicle braking solutions for the first time. This plays a central role for the control […]

Efficient Drivetrains and XALT Energy Announce Supply Agreement

XALT Energy, a leading developer of lithium-ion battery cells, and Efficient Drivetrains, Inc. (EDI), a leader in developing high-efficiency Plug-in Hybrid Electric vehicle solutions, announced today a tentative agreement where XALT will supply EDI with its NMC graphite Lithium-ion battery energy storage packs for use in the company’s PHEV PowerDrive and electric power export solutions. […]