Benzinga | Dec 7, 2021 08:06AM EST

Meritor Reports Collab With BAE Systems To Deliver Electric Drivetrains For Industrial Vehicles, No Terms Disclosed

Meritor, Inc. (NYSE: MTOR) today announced that it will collaborate with BAE Systems to deliver electrification for the Industrial and Defense markets.

The companies will work together to offer efficient, cost-effective, fully-integrated electric vehicle solutions. As part of this strategic collaboration, BAE Systems will leverage its expertise in systems integration and power electronics to incorporate its power management system with Meritor's ePowertrain for a comprehensive and compact solution.

Meritor's all-electric, ePowertrain is designed to provide high efficiency, performance, significant weight savings and superior space utilization. The technology will harness both companies' experience and knowledge in electric mobility. Meritor began integrating electric motors into axles for industrial vehicles over twenty years ago.

"This is a great example of bringing two companies together to deliver a superior electrification solution," said Jim Keane, vice president, Industrial for Meritor.

"We are proud to leverage our core strengths alongside Meritor's to build on our electrification journeys," said Steve Trichka, vice president and general manager, Power & Propulsion Solutions at BAE Systems.