YASA
22.7.2021 14:03:00 CEST | Business Wire | Press release
Mercedes-Benz today announced the acquisition of YASA , a pioneer in next-generation electric drive technology. Under the terms of the acquisition, YASA will operate as a wholly owned subsidiary of Mercedes-Benz, developing ultra high-performance e-motors, while retaining its own brand, team, facilities and continuing to supply existing automotive supercar customers.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210722005414/en/
Electric motors are a fast developing area of technology where innovation and expertise drive performance and differentiation. YASA will help to develop pioneering best-in-class electric drive innovations to give Mercedes-Benz exceptional performance in a new electric era.
Founded in 2009, YASA’s proprietary axial-flux electric motor is a step-change from the legacy radial electric motor technology. YASA’s patented e-motors deliver the greatest efficiencies and highest power densities in class for the smallest possible size and weight, giving end customers unsurpassed driving experiences.
Following the acquisition, YASA and its 250 employees will continue to operate from its headquarters and production facility in Oxford, UK. YASA will provide electric motors for Mercedes-Benz’s AMG.EA electric-only platform, while also acting as an innovation partner pioneering new electric drive technology for the Group.
Chris Harris, CEO, YASA said, “Working with Mercedes-Benz since 2019, it was always clear that we shared the same commitment to engineering excellence, innovation and reshaping mobility for the electric age. This acquisition is tremendously exciting because it gives YASA technology the global scale and reach of Mercedes-Benz. Together, we have the opportunity to make YASA the premier mark of excellence in electric motor technology, accelerating the adoption of electric vehicles and resetting the bar for electric driving experiences.”
YASA’s expertise and resources will be focused on delivering world-beating electric drive technologies for AMG-Mercedes’ electric-only platform.
Philipp Schiemer, CEO of Mercedes-AMG and Head of the Top End Vehicle Group, said, “We warmly welcome YASA to Mercedes-Benz. YASA’s impressive axial-flux technology allows future fully electric Mercedes-AMG performance cars to stay a step ahead of the competition. Thanks to electric motors with higher power density and continuous torque delivery we will redefine the future of driving performance.”
EDITOR’S NOTES
YASA http://www.yasa.com/
YASA, part of Mercedes-Benz AG, is a pioneer in next-generation electric drive technology. YASA’s unique axial-flux electric motor technology offers the greatest efficiencies and highest power densities in class for the smallest size and weight. YASA is based in Oxford and Welshpool.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210722005414/en/
Link:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Türk Telekom and P.I. Works Announce Strategic Collaboration on AI-Driven 5G Network Slicing at MWC Barcelona3.3.2026 10:16:00 CET | Press release
Türk Telekom and P.I. Works today announced a strategic collaboration on AI-driven 5G network slicing assurance, unveiled during GSMA Mobile World Congress (MWC) Barcelona 2026. Türk Telekom has successfully trialed P.I. Works’ AI-powered 5G RAN Slice Assurance solution in Türk Telekom R&D Innovation & Test Center, strengthening its ability to deliver differentiated and performance-assured 5G services. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260303543772/en/ The solution is designed to ensure network slicing performance by enabling real-time monitoring of slice-level KPIs, early detection of performance degradations, and AI-assisted root cause analysis. With these capabilities, Türk Telekom aims to proactively manage service levels, and ensure consistent service continuity across different 5G slice types. Türk Telekom Ebubekir Şahin stated: “As we approach the 5G era, we continuously evolve our mobile network to deliv
BlackLine Brings BeyondTheBlack to Paris, Showcasing Innovation and Best Practice for Modern Finance Teams3.3.2026 10:00:00 CET | Press release
BlackLine, Inc. (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announces BeyondTheBlack Paris, taking place on Thursday 25 June 2026 at 28 George V, Paris 8. BeyondTheBlack Paris will bring together finance and accounting leaders from across France and the wider EMEA region for a full day dedicated to finance transformation, industry best practice and peer-led learning. As part of BlackLine’s global BeyondTheBlack event series, the Paris event will focus on how finance teams can streamline operations, improve accuracy and unlock greater strategic value through automation and intelligence. The programme will feature keynote sessions from Owen Ryan, CEO of BlackLine, and Philippe Omer-Decugis, General Manager, EMEA, followed by a technology-focused session from Jeremy Ung, CTO, who will unveil exclusive major product announcements while examining the role of AI and innovation across finance and accounting. Attendees will also hear from partners and customers thr
BlackLine Announces BeyondTheBlack London, Bringing Finance Leaders Together to Shape the Future of the Office of the CFO3.3.2026 10:00:00 CET | Press release
BlackLine, Inc. (Nasdaq: BL), the future-ready platform for the Office of the CFO, today announces BeyondTheBlack London, taking place on Tuesday 14 April 2026 at the London Hilton on Park Lane. BeyondTheBlack is BlackLine’s award-winning event series, designed to bring finance and accounting leaders together to explore how modern teams can transform core financial processes, reduce manual work, and operate with greater accuracy, efficiency and intelligence. The London event will convene senior finance professionals, partners and BlackLine executives for a full day of learning, peer-led insight and networking. The agenda will open with plenary sessions from Owen Ryan, CEO of BlackLine, and Philippe Omer-Decugis, General Manager, EMEA, followed by a keynote from Jeremy Ung, CTO, who will share BlackLine’s latest thinking on AI, automation and innovation across the Office of the CFO. Morning sessions will also include an expert partner panel and guest keynote, before attendees move into
Smartstream’s Final ISO 20022 Paper Reveals 67% of Errors Are Due to Data Quality and Calls for a Holistic Operating Model3.3.2026 09:55:00 CET | Press release
Smartstream, the trusted data solutions provider for leading global financial institutions and enterprises, today announces a new paper which marks the conclusion of a four-part series in partnership with The ValueExchange - it examines the structural pressures reshaping the asset servicing industry. Titled ‘The Case for Transformation’, the report argues that incremental fixes are no longer sufficient, and that firms must pursue a holistic operating model change, with ISO 20022 and messaging interoperability at the core. Over the course of the series, the research has documented how asset servicing has reached a genuine inflection point. Transaction volumes are increasing at more than 25% year on year. Settlement and reporting timelines are shrinking. Regulatory expectations continue to intensify, with the mandatory transition to ISO 20022 by November 2026 representing a critical milestone. Yet many operating models remain rooted in outdated frameworks never designed for scale, transp
AppLogic Networks Completes Live Trial at JANOG57 in Osaka, Powering New AI-Driven Dashboards to Enhance NOC Team’s Capabilities3.3.2026 09:00:00 CET | Press release
AppLogic Networks today announced the results of a live trial deployment at JANOG57 in Osaka, where the JANOG Network Operations Center (“NOC”) team used AppLogic Networks data for real-time monitoring, troubleshooting, and experience reporting during the event. The trial showcased an Elevated Observability approach that goes beyond traditional monitoring by adding B.E.S.T. insights (Behavior, Experience, Sentiment, and Trends) that help teams make faster decisions, reduce guesswork, and support new services in high-demand environments. Hosted by SAKURA internet Inc., JANOG57 is one of Japan’s largest operator conferences that brings together thousands of attendees, dozens of sessions, and more than 100 booths. AppLogic Networks participated as an infrastructure supplier, supporting the NOC team alongside other technology vendors. AI-driven experience scoring powered by AppLogic Networks data During the event, the NOC team streamed AppLogic Networks data into Grafana and quickly built
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
