Tuesday, December 26, 2023

Komatsu to acquire American Battery Solutions


Komatsu America, a subsidiary of global construction and mining equipment giant Komatsu, has agreed to acquire Detroit-based battery manufacturer American Battery Solutions.

ABS develops and manufactures a wide variety of heavy-duty and industrial battery packs for commercial vehicles, transit buses and other on- and off-road vehicles. The company provides both standard battery packs and custom systems optimized to each customer’s needs.

American Battery Solutions’s recent webinar:
Developing A Common Battery Pack Architecture To Power Multiple Commercial Vehicle Types

The acquisition of ABS will advance Komatsu’s efforts to develop and produce its own battery-operated construction and mining equipment. The first equipment produced with ABS’s batteries will be used to power mining equipment in North and South America, where demand for electrification has been increasing. In the future, Komatsu plans to expand the use of batteries in construction equipment and to establish a global supply system.

Source: Komatsu



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