Vantage Power Appoints Former Daimler Division Chairman & CEO as Non-Executive Board Member

Vantage Power, the company behind the award-winning hybrid and electric technology for heavy-duty vehicles, has today announced the appointment of Dr. Till Becker as a Non-Executive Director on its main Board. Dr Becker was formerly Chairman and CEO of DaimlerChrysler Northeast Asia, a Deputy Board Member of DaimlerChrysler AG worldwide; and a Member of the Board of Daimler’s bus division, the largest bus manufacturer in the world. He was also a Member of the Board of Daimler Truck. Dr. Becker will use his extensive and highly relevant corporate experience to help scale Vantage Power to a leading position within the commercial vehicle market.Vantage Power, the company behind the award-winning hybrid and electric technology for heavy-duty vehicles, has today announced the appointment of Dr. Till Becker as a Non-Executive Director on its main Board. Dr Becker was formerly Chairman and CEO of DaimlerChrysler Northeast Asia, a Deputy Board Member of DaimlerChrysler AG worldwide; and a Member of the Board of Daimler’s bus division, the largest bus manufacturer in the world. He was also a Member of the Board of Daimler Truck. Dr. Becker will use his extensive and highly relevant corporate experience to help scale Vantage Power to a leading position within the commercial vehicle market.

Vantage Power, founded in 2011 by two graduates of Imperial College, develops and manufactures three core technologies to enable the reduction of emissions from new and existing heavy-duty vehicles. State of the art battery technology, control systems and a best in class telemetry system are combined into a portfolio of 3 products: • VPVision, an IoT telemetry and remote vehicle management system, which is applicable to all forms of heavy-duty vehicle;• A series of powertrain modules, which allow vehicle manufacturers to bring hybrid and electric vehicles rapidly to market; and • A hybrid retrofit solution for buses that enables a reduction in fuel and emissions by up to 40% and 92% respectively.

Dr. Becker will provide strategic counsel to the board using the expertise he has gained from decades at the top of the automotive corporate world. Dr. Becker is a Strategic Advisor to the board of DHL and is a Director of NASDAQ listed Clean Diesel Technologies, Inc.. Previously he  held the positions of President and CEO of Mercedes-Benz in Turkey and Portugal, as well as CEO of Daimler in India and Member of the Board of TATA Motors.

“Till’s wealth of corporate experience will be of immense value to Vantage Power as we deal more and more with large conglomerates,” said Alex Schey, CEO of Vantage Power. “Small businesses sometimes need to think like big businesses in order to win contracts and Till will help develop the company’s strategy and provide unique insights to enable us to achieve this.”

Dr. Till Becker, NED at Vantage Power, commented, “I am delighted to be a part of Vantage Power’s steep road to success. The convincing technology to transform the heavy duty and bus market to hybrid and electric will get the recognition in the relevant segments. I am particularly excited about the Company’s world-class telemetry and remote vehicle management software – VPVision - which will allow manufacturers and operators an unprecedented capability to manage vehicles out in the field.”