Allison Transmission has announced a definitive agreement to acquire Dana’s Off-Highway business for approximately $2.7 billion. The acquisition, anticipated to close late in the fourth quarter of 2025 pending regulatory approvals, aims to expand Allison’s existing powertrain and electrification product lines, significantly enhancing capabilities in hybrid and electric drivetrain systems for commercial and industrial applications. … Continue reading “Allison Transmission to acquire Dana’s off-highway business, expanding EV and hybrid drivetrain capabilities”
Written by EVadmin
Why Fleet Electrification Makes Economic Sense And How To Transition To EVs For Long-Term Success: Webinar, December 11, 2024, 12:30 pm EST Whether you’re considering electrifying your fleet or already have some EVs on the road, this session is for you. We’ll challenge the current paradigms and processes around EV charging, and present new ways … Continue reading “Making the business case for EV fleets (Webinar)”
Written by EVadmin
Smart Technology to Keep Up and Get Ahead This article may contain affiliate links. The car rental industry is kicking into high gear, with the global market poised for significant growth. According to a report by Technavio, the market size is projected to expand by $157.34 billion between 2024 and 2028, achieving a compound annual … Continue reading “Tools for Streamlining Car Rental Business Operations”