Off-highway engine maker Deutz has responded to the likely adoption of electric and hybrid drive systems for future agricultural vehicles and implements by acquiring a leading German manufacturer to secure expertise in this field.
Torqeedo GmbH may currently produce only propulsion systems for leisure and commercial boats, but Deutz managers say that buying the company will bring electrification knowledge and products quicker than if starting from scratch.
Dr. Frank Hiller, chairman of the management board…
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