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Allison invests in the development of mobility technologies

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By Luke Willetts - 10th June 2024

USA – Allison Ventures*, the venture capital (VC) arm of Allison Transmission Inc, a gearbox and e-Axle manufacturer based in Indianapolis, Indiana, has invested USD 10 million in fellow American VC firm, EnerTech Capital, which is focused on helping develop companies that specialise in mobility technologies. A strategic move by Allison, which aims to leverage these technologies (electrification, connectivity, autonomy and digitalisation) and integrate them into its own business.

Todd Bradford, Vice President of Strategy, Business and Corporate Development at Allison Transmission said:

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