{"id":521759,"date":"2022-09-14T10:59:44","date_gmt":"2022-09-14T05:29:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=521759"},"modified":"2022-09-14T10:59:44","modified_gmt":"2022-09-14T05:29:44","slug":"tesla-supplier-aptiv-to-buy-85-percent-stake-in-intercable-unit-in-ev-tech-push","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/tesla-supplier-aptiv-to-buy-85-percent-stake-in-intercable-unit-in-ev-tech-push\/","title":{"rendered":"Tesla supplier Aptiv to buy 85 percent stake in Intercable unit in EV tech push"},"content":{"rendered":"<p>Tesla supplier Aptiv Plc said that it would acquire a majority stake in a unit of Italy&#8217; Intercable for 595 million euros ($605.71 million), allowing the auto parts company access to technology used in electric vehicles (EVs).<\/p>\n<p>US-based Aptiv will own an 85 percent stake in the unit, Intercable Automotive Solutions, which manufactures high-voltage busbars that carry more electrical power than traditional cables. It has manufacturing facilities in Europe and Asia.<\/p>\n<p>&#8220;Intercable Automotive Solutions is an excellent strategic fit with Aptiv&#8217;s Signal &amp; Power Solutions segment,&#8221; Aptiv Chief Executive Officer Kevin Clark said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tesla supplier Aptiv Plc said that it would acquire a majority stake in a unit of Italy&#8217; Intercable for 595 million euros ($605.71 million), allowing the auto parts company access to technology used in electric vehicles (EVs). US-based Aptiv will own an 85 percent stake in the unit, Intercable Automotive Solutions, which manufactures high-voltage busbars that carry more electrical power than traditional cables. It has manufacturing facilities in Europe and Asia. &#8220;Intercable Automotive Solutions is an excellent strategic fit with Aptiv&#8217;s Signal &amp; Power Solutions segment,&#8221; Aptiv Chief Executive Officer Kevin Clark said in a statement.<\/p>\n","protected":false},"author":44,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,246,137],"tags":[],"class_list":["post-521759","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-times-of-india","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/521759","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=521759"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/521759\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=521759"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=521759"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=521759"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}