Meritor Announces Investment in TransPower to Accelerate Electrical Vehicle Platforms

Meritor

TROY, Mich., Dec. 2017 — Meritor, Inc. (NYSE: MTOR) today announced a strategic investment in TransPower, a leader in electrification technologies for large commercial vehicles. Terms of the transaction were not disclosed. California-based TransPower supplies integrated drive systems, full electric truck solutions and energy-storage subsystems to major manufacturers of trucks, school buses, refuse vehicles […]