BorgWarner completed its acquisition of the electric hybrid systems business segment of Eldor Corporation (Eldor). The company said its acquisition is an important complement to the ePropulsion portfolio, especially as it relates to expansion in high-voltage power electronics beyond the inverter.
“We are pleased to complete the acquisition and welcome Eldor’s talented employees to BorgWarner,” Frédéric Lissalde, president and CEO of BorgWarner said.
Start brings more than 35 years of school bus experience in North America to the team at GreenPower.
GreenPower Motor Company appointed Paul Start as its vice president of sales – school bus group. Start brings more than 35 years of school bus experience in North America to the team at GreenPower. Most recently he served as the dealer development manager for Thomas Built Buses where he worked for nearly 20 years. Before that he was with Macnab Transit Sales Corp. for almost 14 years, initially as a sales representative and then as sales manager. He started his career in the industry as a sales and marketing administrator for a school bus OEM.
The EV plant will have a production capacity of 240,000 EVs per year and the EV battery plant will have a capacity of 36 GWh per year.
In addition to the workforce reduction, Lion said it continues to undertake internal measures to reduce its cost structure.
Navistar will have more than 30% of its dealer locations ready to support the sale and service of both International and IC Bus EVs.
The North American plant will produce battery-grade cathode and anode materials.
Both tires feature the Elect marking on the sidewall, indicating a tire that suits the characteristics of EVs.
Mahle said the modular design approach enables smaller installation spaces and drastically reduces assembly expenditures.
Boada has close to two decades of experience in corporate development, finance and investor relations in both North American and European markets.
The entry will use a powertrain co-developed by the British marque and technical partner, Yamaha Motor.
