Charged EVs | AB Dynamics acquires EV testing firm Venshure Test Services
UK automotive testing technology company AB Dynamics has announced its acquisition of US dynamometer-based testing services provider Venshure Test Services (VTS). The maximum consideration payable for VTS, which is being acquired from its two shareholders, is $30 million. The initial cash consideration is $15 million. VTS is focused on developing and deploying EVs for US…