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AB Dynamics acquires EV testing firm Venshure Test Services


UK automotive testing technology company AB Dynamics has announced its acquisition of US dynamometer-based testing services provider Venshure Test Services (VTS).  The maximum consideration payable for VTS, which is being acquired from its two shareholders, is $30 million. The initial cash consideration is $15 million. VTS is focused on developing and deploying EVs for US… Read more…

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