Blink Charging enters UK with EB Charging acquisition
Blink Charging Co. has announced that its wholly-owned European subsidiary, Blink Holdings BV, has acquired Electric Blue Ltd. (EB Charging), a provider of integrated EV charging and sustainable energy solutions based in the United Kingdom. This acquisition marks Blink’s first entry into the UK and adds more than 1,150 chargers, installed or committed for delivery,
BorgWarner acquires Santroll’s light vehicle eMotor business
BorgWarner Inc. has completed its acquisition of Santroll Automotive Components, a carve-out of Santroll’s eMotor business. The acquisition is expected to strengthen BorgWarner’s vertical integration, scale, and portfolio breadth in light vehicle e-motors while allowing for increased speed to market, the company says. Based in Tianjin, China, Santroll designs and manufactures hairpin and concentrated-winding technology
GM takes 25% stake in Pure Watercraft
The collaboration will leverage Pure Watercraft’s marine propulsion technology with GM’s engineering manufacturing capabilities.
Foxconn inks deal to acquire Lordstown Motors’ Ohio plant
Under the agreement, Foxconn would purchase the Lordstown facility, excluding some assets, for $230 million.
