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
That’s not to say that regional grid expansions aren’t happening. In some parts of the country, including much of the Midwest, utilities and state regulators have agreed to tens of billions of dollars of grid projects expected to yield cost, climate, and reliability improvements. FERC Order 1920, passed last year, orders grid operators and utilities … Continue reading “Want larger transmission lines? Fix this regulatory gap, experts say.”
Written by EVadmin
Transmission lines Searchlight, Nevada, March by U.S. National Archives is licensed under CC-CC0 1.0 The massive Greenlink West Transmission Project in Nevada got the final green light this week by the US Department of the Interior. The project will create a new 525 kV transmission line that will stretch 350 miles from Las Vegas to … Continue reading “A 350-mile electricity transmission line in Nevada is now approved”