Efficient Drivetrains, which had amassed $17.5m in capital, makes drivetrain systems for electric and hybrid-powered automotive vehicles based on research from UC Davis.

Efficient Drivetrains, a US-based manufacturer of drivetrains partly based on University of California (UC) Davis research, was acquired by industrial group Cummins for an undisclosed sum today. The deal is expected to complete in the third quarter of 2018 subject to customary closing conditions. Founded in 2016, Efficient Drivetrains manufactures drivetrain systems, an automotive module…

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