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.

What is the expected number of battery electric vehicles globally by 2025 according to Meritor?

How many electrification programs has Meritor announced?