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Meritor Announces Collaboration with BAE Systems to Deliver Electric Drivetrains for Industrial Vehicles

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Meritor (NYSE: MTOR) has announced a strategic collaboration with BAE Systems to develop electric vehicle solutions for the Industrial and Defense markets. This partnership will integrate BAE's power management systems with Meritor's ePowertrain technology, enhancing performance and efficiency. Meritor's ePowertrain offers significant weight savings and superior space utilization. The companies aim to leverage their expertise for a compact and effective electrification solution.

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  • Collaboration with BAE Systems to enhance electric vehicle solutions.
  • Integration of BAE's power management with Meritor's ePowertrain.
  • Expected high efficiency and performance of the ePowertrain.
  • Strong historical expertise in electric mobility for both companies.
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  • None.

TROY, Mich., Dec. 7, 2021 /PRNewswire/ -- 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.

About BAE Systems
BAE Systems' Series-EV battery electric and Series-H hydrogen fuel cell products build on 25 years of innovation that powers buses around the world. The company has all-electric systems on buses in service throughout North America and Europe, and more than 14,000 propulsion systems in service on transit buses worldwide. Each year those systems contribute to a cleaner world by saving more than 30 million gallons of fuel and eliminating 335,000 tons of carbon dioxide each year across the globe – the equivalent of taking 59,000 cars off the road or planting four million trees.

BAE Systems develops and services its electric propulsion technology at its facilities in Endicott, N.Y., and Rochester, UK.

About Meritor
Meritor, Inc. is a leading global supplier of drivetrain, mobility, braking, aftermarket and electric powertrain solutions for commercial vehicle and industrial markets. With more than a 110-year legacy of providing innovative products that offer superior performance, efficiency and reliability, the company serves commercial truck, trailer, off-highway, defense, specialty and aftermarket customers around the world. Meritor is based in Troy, Michigan, United States, and is made up of more than 9,600 diverse employees who apply their knowledge and skills in manufacturing facilities, engineering centers, joint ventures, distribution centers and global offices in 19 countries. Meritor common stock is traded on the New York Stock Exchange under the ticker symbol MTOR. For important information, visit the company's website at www.meritor.com.

Meritor, Inc. logo. (PRNewsFoto/Meritor, Inc.) (PRNewsfoto/Meritor, Inc.)

 

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SOURCE Meritor, Inc.

FAQ

What is the collaboration between Meritor and BAE Systems?

Meritor and BAE Systems are partnering to develop integrated electric vehicle solutions for Industrial and Defense markets.

What technology will Meritor use in collaboration with BAE Systems?

Meritor will integrate its ePowertrain technology with BAE's power management systems.

How does Meritor's ePowertrain benefit the electric vehicle market?

Meritor's ePowertrain offers high efficiency, significant weight savings, and superior space utilization.

What is the stock symbol for Meritor?

Meritor is traded under the ticker symbol MTOR on the New York Stock Exchange.

When was the collaboration between Meritor and BAE Systems announced?

The collaboration was announced on December 7, 2021.

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