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Tag: electrification strategy

Nexans to Sell Autoelectric Wiring Harness Business to Motherson for €207M, Completing Shift to Electrification

Nexans has agreed to sell its Autoelectric wiring harness business to Motherson for €207 million, marking the final step in its shift to a pure electrification strategy. The deal expands Motherson’s global wiring harness footprint while allowing Nexans to focus on low-carbon energy systems.