Turntide acquires AVID Technology for electrified powertrain components

US-based Turntide acquired Gateshead company AVID Technology Limited, which designs and manufactures electrified powertrain components for heavy-duty and high-performance electric and hybrid vehicles.

“US business Turnside has acquired Gateshead company AVID Technology Limited, which designs and manufactures electrified powertrain components and systems for heavy-duty and high-performance electric (EV) and hybrid vehicles (HEV).”bdaily.co.uk

• 1 source
• bdaily.co.ukNorth East leads electric vehicle revolution as US firm acquires Gateshead cleantech | BdailyJane ImrieJun 30, 2021

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