United States automatic gearbox giant Allison Transmission has acquired Vantage Power, the London new start business that installed hybrid electric drive systems in seven London double-deckers, and has launched its own new electric axles for heavy-duty buses including the Alexander Dennis Enviro500EV for North America.
Together with its concurrent purchase of Michigan-based AxleTech’s electric vehicle systems division, it says the acquisition of Vantage forms part of an electrification strategy that leverages and extends its current electric hybrid technologies, develops new electrified propulsion solutions and expands system and integration level capabilities in alternative propulsion.
‘Both of these acquisitions align with Allison’s leading innovator position in propulsion technology, and will complement its existing capabilities to advance electrification adoption in commercial vehicles,’ says the Indianapolis-based company.
Mechanical engineering graduates Alexander Schey and Toby Schulz founded Vantage Power in 2011 as is a technology company specialising in developing electrified propulsion and connected vehicle technologies for medium- and heavy-duty vehicle manufacturers and their suppliers.
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