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Business Briefs

Komatsu to acquire American Battery Solutions

Komatsu, through its wholly owned subsidiary in the U.S., Komatsu America Corp., has acquired American Battery Solutions, Inc. (ABS), a battery manufacturer headquartered in Detroit, Michigan.

ABS develops and manufactures a variety of heavy-duty and industrial battery packs, using lithium-ion batteries for commercial vehicles, transit buses and on- and off-road vehicles. The company provides standard and custom battery systems optimized to each customer’s needs. ABS’ technology, combined with the advanced product development knowledge and expertise of its people, enables the company to develop and manufacture battery packs.

The acquisition of ABS will enable Komatsu to develop and produce its own battery-operated construction and mining equipment, through the integration of ABS’ battery technology with Komatsu’s knowledge and network. The first equipment produced with ABS’ batteries will be used to power mining equipment in North and South America. Komatsu will aim to expand the use of batteries in construction equipment and to establish a global supply system. Komatsu will support ABS’ battery business to further develop the electrification business post-acquisition.

ABS will operate as a stand-alone business entity within Komatsu and will continue its growth plans by executing on its current and prospective customer programs in the commercial vehicle segments.

Published January 2025

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