Some Interesting News From Two US Electric Vehicle Stakholders

Source: cleantechnica
Author: @cleantechnica
Published: 7/6/2025
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Read original articleAllison Transmission Holdings and Dana Incorporated, two longstanding U.S.-based propulsion firms with over a century of experience, recently completed a $2.7 billion transaction in which Allison acquired Dana’s off-highway business. This strategic move aims to expand Allison’s presence in global electric vehicle (EV) markets, particularly in emerging regions like Asia-Pacific, while broadening its commercial-duty powertrain and industrial solutions worldwide. Despite uncertainties in U.S. federal electrification policies, both companies are capitalizing on the growing global demand for EVs, with Allison intensifying its investment in EV-related research and development.
For Dana, the sale of its off-highway business represents a significant financial gain—valued at seven times the expected 2025 adjusted EBITDA—and supports its strategic shift toward becoming a more focused supplier of light- and commercial-vehicle electrification solutions. Dana emphasizes its comprehensive in-house capabilities in electric drivetrains, including gearboxes, motors, inverters, and battery management systems, positioning itself
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energyelectric-vehiclespropulsion-systemsdrivetrain-technologyautomotive-industryelectrificationmarket-expansion