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Stock impact report

BAE Systems and Eaton expand collaboration to deliver electric drive solutions for heavy-duty trucks [Yahoo! Finance]

BAE SYSTEMS PLC S/ADR (BAESY) 
NASDAQ:AMEX Investor Relations: investors.baesystems.com
Company Research Source: Yahoo! Finance
ENDICOTT, N.Y. May 7, 2024 /PRNewswire/ -- BAE Systems (LON: BA), a leader in electric propulsion , and Eaton , a global power management company, are expanding their collaboration to include electric vehicle (EV) solutions for heavy-duty trucks. The solution offers original equipment manufacturers and commercial vehicle modifiers a comprehensive, efficient, advanced, and flexible EV system for a wide range of zero-emission platforms. In 2023, the two companies signed a memorandum of understanding to provide electric drive technology solutions for the medium-duty truck market. The expanded collaboration now includes heavy-duty applications, offering manufacturers a complete line of electric drive systems for commercial trucks above 19 tons. BAE Systems will now combine its electric motor and suite of power dense, advanced power electronics with Eaton's HD 4-speed EV transmission to provide a full heavy-duty EV system. Along with the existing MD-4 solution, the integrated systems Show less Read more
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