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Tag Archives: purchase

SolarEdge to enter e-mobility market with acquisition of SMRE

Electrans 08012018 4

SolarEdge’s renewable energy technology will synergise with SMRE’s EV business SolarEdge Technologies, a global leader in smart energy, has entered into a definitive agreement to acquire SMRE. Headquartered in Italy, SMRE provides innovative integrated powertrain technology and electronics for electric vehicles. SMRE has three business units: e-mobility, automated production machines …

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Nissan strengthens Formula E partnership with stake in e.dams

Nissan strengthens Formula E Partnership with stake in e. dams

Nissan and e.dams have begun testing the all-new Gen2 Formula E car Nissan has strengthened its partnership with e.dams by purchasing a stake in the championship-winning racing organisation, ahead of Nissan’s debut in the ABB FIA Formula E electric street-racing championship. Nissan is joining Formula E as the first Japanese …

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Greaves Cotton to acquire majority stake in electric vehicle company Ampere

An Ampere V48 scooter

Ampere Vehicles makes EVs for last mile mobility Greaves Cotton, one of India’s leading diversified engineering companies, has entered into definitive agreements to acquire a majority stake in EV company Ampere Vehicles, subject to customary closing conditions. This acquisition will accelerate the development of clean energy technology solutions for mobility …

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Cummins to acquire Efficient Drivetrains

Electrans 03072018

The move is the latest in Cummins’ plan to increase its electric power business Cummins Inc. is acquiring Silicon Valley-based Efficient Drivetrains, Inc. (EDI), which designs and produces hybrid and fully-electric power solutions for commercial markets. Adding EDI to the Cummins portfolio is the latest step forward in Cummins’ efforts …

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Porsche takes stake in Croatian EV maker

Oliver Blume, CEO of Porsche AG, Mate Rimac, CEO of Rimac Automobili, l-r, 2018, Porsche AG

Croatia’s Rimac Automobili currently offers two electric supercars Porsche has taken up a 10% minority stake in both Croatia’s Rimac Automobili, which is developing a super high-performance, battery-powered car, and the group’s subsidiary, Greyp Bikes. Rimac provides EV solutions to global automotive manufacturers, as well as developing and manufacturing high-performance electric vehicles. …

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