TEAM Industries, a market leader in drivetrain technology, and Brammo Inc., a leading electric vehicle technology company, have entered into a strategic partnership. As part of this partnership, TEAM Industries will become an investor in Brammo Inc. TEAM Industries will also work in partnership with Brammo to design and develop world-class electric vehicle drivetrains for the next generation of electric vehicles.

David Ricke, TEAM’s President and CEO, stated, “We’re delighted to enter into this strategic partnership with Brammo. Both companies are innovators and we have a strong cultural fit between our two organizations. The electric vehicle market is a growth market, and TEAM and Brammo will be providing a wide range of solutions for OEM manufacturers.” Ricke continued, “Brammo has developed motorcycle championship-winning EV technology, and we will be partnering with them to bring this technology to adjacent markets.”

“It is critical to our success that we continue to build our strong reputation for quality and innovation,” stated Craig Bramscher, CEO and founder of Brammo Inc. “TEAM Industries has an outstanding track record of developing and delivering performance and reliability-enhancing drivetrain components to OEMs. We are very excited to work with TEAM to create a broad range of EV drivetrain solutions for diverse markets around the world.”