PASSENGER CARS WILL BE ALL ELECTRIC BY 2030: DANA INC.

Highlights:

• With the growing price drop of the battery, it is proving more opportunity in the commercial vehicle segment.
• The electric vehicles are the future of the automobile industry.
• Dana Inc. has taken steps to make eh transition largely by purchasing smaller firms proficient in the electric propulsion systems.

Jim Kamsickas, CEO of auto parts maker Dana Inc., is t....