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Schaeffler/Vitesco merger will create the largest global EV powertrain supplier


EV component suppliers Schaeffler and Vitesco Technologies Group have entered into a merger agreement. The transaction is expected to be completed in the fourth quarter of 2024. The two companies make components such as e-drives, power modules, BMS, control units, motors, steering systems and much more. Schaeffler recently built an electric version of the Ford… Read more…

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