DEUTZ acquires battery management company Futavis

Drive system manufacturer DEUTZ has acquired battery company Futavis. As a service provider for battery management hardware and software, Futavis will bring to DEUTZ experience with electronics, software, battery technology, and battery testing.

DEUTZ CEO Frank Hiller said, “Battery technology is a vitally important element of our E-DEUTZ strategy, which we will be further expanding with the Futavis acquisition. With Futavis adding to the strong systems expertise of our DEUTZ and Torqeedo development teams by contributing its knowledge of components for high-voltage batteries, battery management systems, and safety engineering, we are taking the next step towards CO2-free, off-highway mobility.”

Source: DEUTZ