Eaton, expanding into EV supply chain, acquires Royal Power Solutions for $600M

January 06, 2022 08:50 PM

Power management company Eaton Corp. said Tuesday that it finalized a deal to acquire Royal Power Solutions for $600 million in a bid to expand its electric vehicle supply chain business.

Featured Stories

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says

Record 20% of new-vehicle borrowers used 84-month loans in Q1, Edmunds says

Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect

Which vehicles are subject to Trump’s auto tariffs? Check our list

Latest News

Trump pauses reciprocal tariffs on most countries; auto tariffs still in effect, White House says

How automotive stocks are performing after latest tariff news

Daily 5 report for April 9: The tragedy of elevated U.S. highway fatalities; follow this piston across North America

Live updates on tariffs: Reciprocal tariffs paused, auto tariffs still in effect

Staying current is easy with newsletters delivered straight to your inbox.

See More in Suppliers Legacy

Forvia posts slightly lower Q3 sales, but wins new business from Chinese automakers

Longtime Ford supplier Dana explores sale of off-highway unit, report says

Daily 5 report for Oct. 18: Bosch and Rivian's court fight isn't the typical supplier vs. automaker dispute

Nemak's Q3's net income takes a tumble

Staying current is easy with newsletters delivered straight to your inbox.