News

eAxles Are the Critical Integration Point, Strategizes Cummins in Meritor Acquisition 

“The acquisition of Meritor is an important milestone for Cummins. Meritor is an industry leader, and the addition of their complementary strengths will help us address one of the most critical technology challenges of our age: developing economically viable zero carbon solutions for commercial and industrial applications,” said Tom Linebarger, Chairman and CEO, Cummins. “Climate change is the existential crisis of our time and this acquisition accelerates our ability to address it. Our customers need economically viable decarbonized solutions.  […]

Materials/Manufacturing

Rimac Forges Ahead to Produce EV Components & Hypercars in Croatia 

Forged around fast-growing Croatian automotive manufacturer Rimac Group, new world-class centers of electric vehicle design, engineering and manufacturing are emerging in Zagreb and Berlin to craft cutting-edge permanent magnet motors and full drivetrains, along with other EV components and systems, for some of the world’s leading automakers. With backing from Porsche and Hyundai, and ties to the famed Bugati brand, Rimac seeks to up-end EV technology and become a Tier One supplier of virtually all EV components and systems for the auto industry, along with producing its own high-performance electric automobiles.  […]