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Dana Inc. has signed a strategic agreement with Switch Mobility to help advance electrified commercial vehicles, the companies announced July 30.

Tier One supplier Dana Inc. invested more than $400 million over the past three years to get its electrification product portfolio in shape as it aims for a revenue target of $500 million from that by 2023.

Dana Inc. reported higher first-quarter net income and revenue and noted its once-shutdown end markets have recovered.

Dana Inc. announced it acquired Pi Innovo, expanding on its earlier noncontrolling interest in the company.

Dana Inc. announced Byron Foster joined the company as chief commercial, marketing and communications officer.

Allison Transmission Holdings Inc. reported lower net income and revenue while Dana Inc. posted lower net income and slightly increased revenue.

Dana Inc. announced an expanded family of TM4 Sumo HP electric motors and inverters specifically designed for battery-electric, range-extended and fuel-cell vehicles.

Dana Inc. reported net income and revenue fell in the third quarter even as its markets rebounded from the ongoing novel coronavirus pandemic.

Dana Inc. announced its latest push for a larger presence in global e-propulsion systems by expanding production of its TM4 low- to high-voltage electric motors, inverters and vehicle control units to India.