ARLINGTON (dpa-AFX) - BAE Systems (BA.L), Tuesday announced that it has expanded its partnership with power management company Eaton Corp. plc (ETN) to offer electric drive solutions for commercial heavy-duty trucks.
Under the collaboration, BAE's electric motor and suite of power-dense, advanced power electronics will be combined with Eaton's HD 4-speed EV transmission.
The two companies had joined hands in 2023 to provide electric drive technology solutions for the medium-duty truck market.
Currently, BAE's stock is trading at 1,375 pounds, up 0.99 percent on the London Stock Exchange.
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