Komatsu acquires American Battery Solutions

23 Nov 2023 CW Team

In the race to develop more electric construction equipment and related charging solutions, Komatsu has agreed to acquire American Battery Solutions. Closing on the purchase of the Detroit-based company is planned for December 1.

ABS develops and manufactures a wide variety of heavy-duty and industrial battery packs, using lithium-ion batteries for commercial vehicles, transit buses, and on- and off-road vehicles.

The acquisition gives Komatsu the ability to continue developing and producing its own battery-operated construction and mining equipment through the integration of ABS technology. The first equipment produced with ABS batteries will be mining equipment, with plans to expand into construction equipment.

Hiroyuki Ogawa, President and CEO, Komatsu Ltd. (left) and Subhash Dhar, Founder, Chairman and CEO, ABS (right). Hiroyuki Ogawa, President and CEO, Komatsu Ltd. (left) and Subhash Dhar, Founder, Chairman and CEO, ABS (right). Komatsu before the acquisition of ABS, Komatsu had been working with battery-solution manufacturer Proterra since an agreement was announced in January 2021.

Charging solutions under development by the two companies were unveiled at ConExpo 2023. These included the Komatsu Generation 2 charger, a small mobile charging option, and a larger "off-grid" power bank. Each was at a different stage of development in terms of being near distribution.

However, opportunities between Proterra and Komatsu may have been altered when Proterra filed for Chapter 11 bankruptcy in early August.

Infrastructure Energy

14 Oct 2025

Mizoram To Build Rs 139 Billion Pumped Storage Power Plant

Mizoram Chief Minister Lalduhoma on Friday announced plans to construct a 2,400 MW pumped storage hydroelectric power plant in Hnahthial district, marking a major step towards achieving energy self-sufficiency in the state. Addressing the Mizo Students’ Union general conference in Hnahthial town, the Chief Minister said the plant would be developed across the Darzo Nallah, a tributary of the Tuipui river. Once operational, the project is expected to play a pivotal role in meeting Mizoram’s rising electricity demand and reducing dependence on imported power. Officials from the State Power..

Centre Plans Nationwide Opening Of Power Retail Market

India is preparing to open up its retail electricity market to private companies nationwide, effectively ending the long-standing monopoly of state-run power distributors in most regions, according to a draft bill released by the Union Power Ministry on Friday. The move will enable major private sector players — including Adani Enterprises, Tata Power, Torrent Power, and CESC — to expand their presence across the country’s electricity distribution landscape. A similar reform attempt in 2022 had faced strong opposition from state-run distribution companies (discoms), which currently dom..

CEA Sets 100 GW Nuclear Target For India By 2047

In a landmark step marking its 52nd Foundation Day, the Central Electricity Authority (CEA) unveiled an ambitious roadmap to develop 100 gigawatts (GW) of nuclear power capacity by 2047, aligning with India’s long-term Net-Zero commitment and energy security objectives. The event, held at the Central Water Commission auditorium in New Delhi’s R.K. Puram, was attended by Pankaj Agarwal, Secretary, Ministry of Power, who served as the Chief Guest. The roadmap sets out a detailed plan to expand India’s nuclear capacity from its current level of approximately 8,180 MW as of early 2025, outl..