Dana has completed the acquisition of Nordresa Motors, working in the development and commercialisation of electric powertrains for commercial vehicles.
Terms of the transaction were not disclosed.
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The investment enhances Dana’s electrification capabilities by combining its portfolio of motors, inverters, chargers, gearboxes and thermal-management products with Nordresa’s proprietary battery-management system, electric powertrain controls and integration know-how.
“Nordresa’s experience designing and integrating electric vehicle systems enables Dana to offer our customers a complete system solution, including fully-integrated e-Axles, battery and powertrain controls and thermal management,” said Dana president and CEO, James Kamsickas.
“Each of Dana’s customers are at different points on their electrification journey and our strategy remains focused on supporting them with technology and expertise for all vehicle architectures.”
The transition of the powertrain to fully electric requires changes to the propulsion system, power steering, air conditioning compressors, and other accessory systems specifically engineered for battery-electric solutions.
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By GlobalData“The electrification of commercial vehicles is rapidly increasing and Nordresa was in search of a company with a strong heritage and customer-centric culture that would further accelerate our business,” said Nordresa president and CEO, Sylvain Castonguay.
“Joining Dana provides Nordresa access to a global footprint, diverse customer base and complete portfolio of electrification capabilities that will create long-term value for our customers.”
Nordresa’s founders will serve in leadership positions at Dana.
