• DATVF.ATLPHL
    1.638
    -0.014
    -0.8%
  • DATVF.CHIATL
    1.963
    0.087
    4.6%
  • DATVF.DALLAX
    0.897
    -0.106
    -10.6%
  • DATVF.LAXDAL
    1.549
    -0.024
    -1.5%
  • DATVF.SEALAX
    0.976
    0.052
    5.6%
  • DATVF.PHLCHI
    0.939
    0.039
    4.3%
  • DATVF.LAXSEA
    2.034
    -0.050
    -2.4%
  • DATVF.VEU
    1.513
    0.037
    2.5%
  • DATVF.VNU
    1.414
    -0.009
    -0.6%
  • DATVF.VSU
    1.223
    -0.065
    -5%
  • DATVF.VWU
    1.505
    0.001
    0.1%
  • ITVI.USA
    10,157.610
    34.840
    0.3%
  • OTRI.USA
    4.860
    -0.020
    -0.4%
  • OTVI.USA
    10,152.020
    35.380
    0.3%
  • TLT.USA
    2.400
    -0.020
    -0.8%
  • WAIT.USA
    150.000
    0.000
    0%
  • DATVF.ATLPHL
    1.638
    -0.014
    -0.8%
  • DATVF.CHIATL
    1.963
    0.087
    4.6%
  • DATVF.DALLAX
    0.897
    -0.106
    -10.6%
  • DATVF.LAXDAL
    1.549
    -0.024
    -1.5%
  • DATVF.SEALAX
    0.976
    0.052
    5.6%
  • DATVF.PHLCHI
    0.939
    0.039
    4.3%
  • DATVF.LAXSEA
    2.034
    -0.050
    -2.4%
  • DATVF.VEU
    1.513
    0.037
    2.5%
  • DATVF.VNU
    1.414
    -0.009
    -0.6%
  • DATVF.VSU
    1.223
    -0.065
    -5%
  • DATVF.VWU
    1.505
    0.001
    0.1%
  • ITVI.USA
    10,157.610
    34.840
    0.3%
  • OTRI.USA
    4.860
    -0.020
    -0.4%
  • OTVI.USA
    10,152.020
    35.380
    0.3%
  • TLT.USA
    2.400
    -0.020
    -0.8%
  • WAIT.USA
    150.000
    0.000
    0%
CanadaNewsTechnology

Dana acquires Canadian electric truck firm Nordresa

U.S. auto parts maker purchases Quebec firm that produces electric drive trains and integrates them into commercial vehicles.

Dana (NYSE:DAN) has acquired Nordresa, a Canadian firm that integrates electric drive trains into commercial vehicles. 

The U.S. auto parts manufacturer announced the acquisition of the Quebec-based company on August 26. Dana did not disclose the price. 

“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,” Dana CEO James Kamsickas said in a statement.

Nordresa produces powertrain systems and integrates them Ford’s E-450 walk-in van and Isuzu’s N-Series Class 4 truck chassis. The acquisition offers Dana both the electrified vehicles as well as the underlying technology.  

With more than 100 facilities around the world, Dana has the ability to put Nordesa’s products on a larger scale.

“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,” Nordresa CEO Sylvain Castonguay said in a statement. 


Nordresa’s trucks are particularly suited to the last mile deliveries. A Quebec-based logistics provider is preparing to introduce Nordresa’s electrified Isuzu vehicles on home deliveries of bulky items

Tags
Show More

Nate Tabak, Canada Correspondent

Nate Tabak is a journalist, editor and producer in Toronto. He covers Canada for FreightWaves, with a keen interest on the cross-border economic relationship with the United States. Nate spent seven years working as an investigative editor and reporter based in Kosovo. He covered everything from corruption to the country’s emerging wine industry. He also reported across the Balkans and investigated Albania’s multibillion-dollar marijuana industry with a grant from the Pulitzer Center on Crisis Reporting. Nate grew up in Berkeley, Calif. He enjoys exploring Toronto with his wife and is always looking forward to his next meal.

Leave a Reply

Your email address will not be published. Required fields are marked *

Close