Eaton has renamed its Vehicle Group and eMobility businesses as its Mobility Group.
The two groups will continue to report their financials separately, Eaton announced in a release, and it said it will continue to serve internal combustion customers while pursuing opportunities in the EV space.
“Our new name, Mobility Group, leverages our 100-plus years of diverse experience in the vehicle space and Eaton’s extensive electrical background at a time when the industry is quickly becoming a mixed market of internal combustion and electrified vehicles,” said Pete Denk, president, Eaton’s Mobility Group.
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