Electrification startup Synop is carving a niche for itself focused on help electric fleets return electricity to the grid and get paid for it.
Meritor started with an electronic axle and worked forward to pull together all the major components of an electric powertrain that can propel an 80,000-pound line haul tractor or a medium-duty box truck.
With final approvals in hand, German commercial vehicle mega-supplier ZF Friedrichshafen creates a new division for technology supplier Wabco Holdings, adding 12,000 employees.
Justice Department asserts separation will preserve competition in North America.
WABCO announced that its shareholders have approved the proposed acquisition by ZF Friedrichshafen.
Truck technology manufacturer WABCO has confirmed that it is in negotiations with ZF Friedrichshafen AG with a view to selling the company to the Germans. Shares in WABCO increased more than 8 percent on the news.
