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Battery Systems, Supercapacitors & Solar

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Mergers & Acquisitions

Komatsu to acquire US-based EV battery maker, ABS

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By Will Pulson - 5th December 2023

Representatives of Komatsu and ABS at signing of acquisition deal

USA / Japan - Komatsu Ltd of Minato, Tokyo, Japan, a leading global heavy-duty truck and machinery manufacturer, is in the process of acquiring US electric vehicle (EV) battery manufacturer, American Battery Solutions (ABS) Inc* of Lake Orion, Michigan, as it looks to expand its presence in the global zero-emissions vehicle market. Komatsu said it aimed to complete the acquisition by early December.

Commenting on the acquisition, Taisuke Kusaba, CTO and President, Development Division, Komatsu Ltd, said:

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