Business
Carrier Completes Acquisition of Addvolt, Enhancing its Electrification Solutions
Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has acquired long-term partner Addvolt, S.A., a Portuguese transport electrification technology company.
About this update from Carrier Global Corporation
[{"type":"text","content":"PALM BEACH GARDENS, Fla., May 2, 2025 /PRNewswire/ -- Carrier Global Corporation (NYSE: CARR), global leader in intelligent climate and energy solutions, has acquired long-term partner Addvolt, S.A., a Portuguese transport electrification technology company.","length":263,"tagName":"p"},{"type":"image","alt":"(PRNewsfoto/Carrier)","displaySize":"","headline":null,"caption":"(PRNewsfoto/Carrier)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":160,"url":"https://media.zenfs.com/en/prnewswire.com/3b71f7b52f2b409e82a3c398a45b130e"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/06j66TL4PWoubKfJ2YH.dA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI4MjtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/3b71f7b52f2b409e82a3c398a45b130e","width":400,"height":160}},"href":"https://mma.prnewswire.com/media/985365/Carrier_Logo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Addvolt offers patented, non-invasive, low-maintenance electric systems for use with refrigerated vans, trucks, trailers and containers. Its plug-in electric systems for refrigerated transportation markets avoid fuel usage and reduce major emissions, including noise, particulates, nitrogen oxide and carbon dioxide.","length":316,"tagName":"p"},{"type":"text","content":""By combining Addvolt's deep expertise in electric systems and power management with Carrier's industry-leading solutions, we are well-positioned to drive innovation beyond refrigerated transportation," said Edward Dryden, President, Climate Solutions Transportation, Carrier. "This strategic partnership creates opportunity for new and emerging applications, while also continuing to build on the success we've already achieved together."","length":471,"tagName":"p"},{"type":"text","content":"Addvolt strengthens Carrier's electrification strategy by providing advanced electrification technology, integrated power management and power electronics capabilities, connected in real time by its value-added energy management software, as well as innovative engineering talent. The technology is already in use by Carrier Transicold customers in Europe with the world's first fully autonomous electric trailer refrigeration system, the Vector® eCool.","length":461,"tagName":"p"},{"type":"text","content":""We are thril...