Meritor has unveiled an undisclosed investment in TransPower, an electrification technology company for large commercial vehicles.
California-based TransPower supplies integrated drive systems, full electric truck solutions and energy-storage subsystems to major manufacturers of lorries, school buses, refuse vehicles and terminal tractors. The company has been focused on developing electrical drive solutions for more than seven years.
“TransPower’s extensive knowledge and hands-on experience with electrical vehicle (EV) technologies and system integration gives us a significant competitive advantage in developing electrical drive systems for this evolving market,” said Meritor CEO and president, Jay Craig.
“This investment reinforces our commitment to deliver high-efficiency solutions for medium- and heavy-duty electric vehicles supported by proven solutions.”
With its investment in TransPower, Meritor expects to accelerate introduction of its flexible electric axle platform for various drivetrain configurations, including full electric, hybrid, single or tandem axles. Meritor’s lightweight carrier is designed for city-delivery, medium-duty and transit bus, as well as off-road and severe-duty applications.
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By GlobalData
TransPower’s electric drive solutions have been in daily use in commercial vehicles built by major OEMs with around 110,000 miles logged, according to TransPower president and CEO, Michael Simon. The company also retrofits its electric drive solutions into existing vehicle platforms.
“Meritor’s investment in TransPower could enable large-scale manufacturing of electric drive components and systems,” added Simon.
“Our expertise in systems engineering and controls for EVs complements Meritor’s strong brand and century of experience in designing and manufacturing drivetrain products for the commercial vehicle industry.”
