UQM Technologies has inked an agreement with Meritor, with the latter company developing integrated axle components for E-axle technology.
The components will be combined with UQM’s motor and inverter technology and hardware to create the Meritor and UQM Electric Axle System (MUQM Electric Axles) for medium and heavy-duty commercial vehicle markets.
Benefits are expected to allow customers in medium and heavy-duty EV commercial markets to improve on component packaging requirements, realise cost savings from integration and increased vehicle performance.
“We are excited to align ourselves with Meritor to address the commercial market from a new vantage point,” said UQM president and CEO, Joe Mitchell. “This allows UQM to focus on design and development and in turn approach the market as a Tier 2 supplier with a proven Tier 1 OEM.
“We believe this relationship gives Meritor the opportunity to become a supplier of E-axles using UQM’s technology allowing customers to benefit from integrated solutions that drive cost savings in the long term.”
The companies anticipate prototypes will be ready by early autumn this year.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData