Allison Transmission has acquired electric powertrain specialist Vantage Power.
London-based Vantage Power specialises in electrified propulsion and connected vehicle technologies for buses and other large vehicles, including battery development, control systems and telemetry.
Allison says its entrepreneurial spirit and technology advancements complement its own strategic priorities to meet customers’ demands.
Alex Schey, Vantage Power’s CEO, says: “I am very excited to bring Vantage Power into the Allison group. This is the culmination of eight years of hard work from an absolutely stellar team, and I look forward to scaling up our products and technology to Allison customers around the world.”
David Graziosi, President and CEO of Allison Transmission, says: “Through this and other growth initiatives, we will continue to build upon our conventional and electric hybrid products today while differentiating ourselves in the electrification and fuel cell markets.”
