Dana Incorporated has acquired Nordresa Motors, a company known for developing and commercializing electric powertrains for commercial vehicles.
Dana said the investment is aimed at improving its ability to deliver complete electric powertrain systems. Dana plans to combine its portfolio of motors, inverters, chargers, gearboxes and thermal-management products with Nordresa’s proprietary battery-management system, electric powertrain controls and integration experience to further this goal.
"Nordresa's experience designing and integrating electric vehicle systems enables Dana to offer our customers a complete system solution, including fully-integrated e-Axles, battery and powertrain controls, and thermal management," said James Kamsickas, Dana president and CEO. "Each of Dana's customers are at different points on their electrification journey and our strategy remains focused on supporting them with industry-leading technology and expertise for all vehicle architectures."
Nordresa’s ability to integrate all of the different components of an electric powertrain while customizing the battery storage and management systems will help Dana offer the most efficient solutions for customers, according to the company.
Nordresa is headquartered in Montreal, Quebec. The terms of the acquisition were not disclosed.
“The electrification of commercial vehicles is rapidly increasing, and Nordresa was in search of a company with a strong heritage and customer-centric culture that would further accelerate our business," said Sylvain Castonguay, president and CEO of Nordresa. "Joining Dana provides Nordresa access to a global footprint, diverse customer base, and complete portfolio of electrification capabilities that will create long-term value for our customers."