Mercedes-Benz has acquired Yasa, a manufacturer of motors for electric vehicles. Under the terms of the acquisition, Yasa will operate as a wholly owned subsidiary of Mercedes-Benz, developing high-performance e-motors, while retaining its own brand, team, facilities and continuing to supply existing customers.

 “We warmly welcome Yasa to Mercedes-Benz. Yasa’s impressive axial-flux technology allows future fully electric Mercedes-AMG performance cars to stay a step ahead of the competition,” said Philipp Schiemer, CEO of Mercedes-AMG and head of the Top End Vehicle Group. “Thanks to electric motors with higher power density and continuous torque delivery we will redefine the future of driving performance.”

Following the acquisition, Yasa and its 250 employees will continue to operate from its headquarters and production facility in Oxford, UK. Yasa will provide electric motors for Mercedes-Benz’s AMG.EA electric-only platform.