It's Electric! Meritor Looks Toward the Future Electrification of Vehicles

Meritor, a global company specializing in vehicle parts, is undergoing a strategic transition. Initially focused on deleveraging and earnings, the company is now prioritizing better margins and free cash flow, with a future focus on electrification. Meritor anticipates a significant rise in battery electric vehicles by 2025 and has launched 22 electrification programs to introduce medium and heavy-duty EV trucks. These initiatives integrate electric motors into axles, optimizing space for batteries. Despite a potentially long return on investment, Meritor's long-term strategy deems it worthwhile.

Which region contributes the most to Meritor's revenue?

• North America

• Asia

• Europe

• South America

What is the current focus of Meritor's strategic transition?

• Expanding into new markets

• Driving bottom line earnings

• Deleveraging

• Improving margins and free cash flow

By what year does Meritor expect battery electric vehicles to reach 300,000 globally?

• 2023

• 2025

• 2024

• 2026

How many electrification programs has Meritor announced with car companies?

• 15

• 30

• 10

• 22

What is a key innovation in Meritor's electrification strategy?

• Solar panels on trucks

• Electric motors integrated into axles

• Autonomous driving technology

• Hydrogen fuel cells