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Allison Transmission Acquires Vantage Power and AxleTech’s Electric Vehicle Systems Division

INDIANAPOLIS: Allison Transmission Holdings Inc. (NYSE: ALSN), the largest global manufacturer of medium- and heavy-duty fully automatic transmissions, announced today that it has purchased Vantage Power and AxleTech’s electric vehicle (EV) systems division. Allison Transmission has a more than 103-year history of leading technological advancements: from James Allison owning the winning racecar of the Indianapolis […]

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