CalMotors Announces Partnership with Parker Hannifin to Produce Automotive Powertrains for Hybrid and Electric Vehicles

CAMARILLO, Calif.--CalMotors, makers of high performance hybrid and electric powertrains, today announced its strategic alliance with Parker Hannifin Corporation to produce fully integrated powertrain solutions for the automotive and marine industries.

Parker Hannifin Corporation has a long and highly respected history of producing superior products using the highest standards of quality and performance. Its motor and control solutions have led the industrial market for decades and have proven to be extremely reliable and cost effective. “For years, we have searched for a manufacturing partner that could adhere to our uncompromising standards for quality and performance” said Mike Kasaba, CEO of CalMotors, “and after two years of discussions with Parker, we believe that not only have we found a manufacturer with the best record of quality, but also an agile and forward-thinking company ready to move quickly as we lead the industry with our high performance hybrid and electric powertrain products.”

“We have been looking for a clean technology automotive industry leader for some time” said Jim Hoelscher, General Manager of Parker SSD, “CalMotors clearly has the automotive experience that complements our strengths in motors, inverters, systems design and manufacturing. We are excited about the opportunities in hybrid and electric vehicles and are directing a sizeable commitment of resources toward our alliance with CalMotors.”