TM4
Dana TM4 designs and manufactures high-voltage electric motors, power inverters, and control systems for vehicle electrification, serving OEMs across automotive, commercial vehicle, mining, marine, rail, motorsports, and material handling markets from six-country operations as a subsidiary of Dana Incorporated.
- Company typePrivate
- Founded1972
- HeadquartersBoucherville, Canada
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
What TM4 does
Dana TM4 designs and manufactures high-voltage electric motors, power inverters, and integrated control systems for vehicle electrification. Its technology is the result of more than 30 years of R&D, with over 75 registered patents covering electric motor and power electronics technologies used in some of the most advanced electric vehicles globally. The company's product portfolio comprises three core lines — high-voltage electric motors, inverters, and control systems — sold as individual components or as complete integrated electric and hybrid propulsion drivetrains.
The company serves a diversified set of vehicle and equipment markets, including light vehicles, commercial vehicles, mining vehicles, construction vehicles, material handling, marine, rail, motorsports, and recreational vehicles. Manufacturing and engineering capabilities span six countries (Canada, United States, Italy, Sweden, India, and China), with high-volume final assembly, end-of-line functional and performance testing, and dedicated validation and certification test cells. The go-to-market is a B2B enterprise sales motion targeting vehicle manufacturers and OEMs, supported by a dedicated extranet portal for supplier coordination and account management. Pricing is quote-based rather than publicly disclosed.
Dana TM4 is a wholly-owned subsidiary of Dana Incorporated (NYSE: DANA), a global tier-one automotive supplier that reported approximately $7.5 billion in consolidated sales for 2025 and completed a $2.7 billion divestiture of its Off-Highway business, sharpening its portfolio focus toward electrification and on-highway markets. TM4 sits at the center of Dana's electric and hybrid propulsion strategy and benefits from parent-level capital, scale, and global customer relationships.
TM4 firmographics
Firmographics- Name
- TM4
- Legal name
- Dana TM4 Inc.
- Website
- https://tm4.com
- Company type
- Private
- Founded year
- 1972
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Dana TM4 designs and manufactures high-voltage electric motors, power inverters, and control systems for vehicle electrification, serving OEMs across automotive, commercial vehicle, mining, marine, rail, motorsports, and material handling markets from six-country operations as a subsidiary of Dana Incorporated.
- Ownership category
- akta.pro rank
TM4 industry classification
Industry- Product category
- Electric Vehicle Propulsion Systems
- NAICS
- Motor Vehicle Electrical and Electronic Equipment Manufacturing (33632), Motor Vehicle Transmission and Power Train Parts Manufacturing (33635), Relay and Industrial Control Manufacturing (335314)
- SIC
- Motors & Generators (3621), Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules) (IMACAHAJ)
- akta.pro secondary industries
- Automotive Power Electronics & Inverters/Converters Manufacturing (IMACAJAE), Marine Hybrid & Electric Propulsion Systems (IMAJAHAC), DC Motors (Brushed, Brushless DC) (IMAGACAB)
Keywords
Where TM4 is headquartered
LocationHeadquarters
- HQ city
- Boucherville
- HQ country
- Canada
- HQ region
- North America
Offices6 records
Markets served
TM4 business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure
Revenue model
- Electric Propulsion Systems Sales: Sale of complete electric and hybrid propulsion systems including motors, inverters, and control systems to vehicle manufacturers in off-highway, marine, rail, motorsports, and recreational vehicle markets.
- Component Sales (Motors, Inverters): Individual sale of high-voltage electric motors, inverters, and control systems as standalone components or integrated drivetrain solutions.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels1 record
TM4 product offering
Product offeringCore offering
Dana TM4 designs, develops, and manufactures high-voltage electric motors, power inverters, and integrated control systems that together form complete electric and hybrid propulsion drivetrain solutions. These products are sold as both standalone components and integrated systems to vehicle manufacturers and OEMs serving off-highway, marine, rail, motorsports, and recreational vehicle applications.
Product overview
Dana TM4 offers a unified portfolio of electric and hybrid propulsion systems comprising three core product lines: high-voltage electric motors, inverters (power electronics), and control systems. These components are designed to work together as integrated drivetrain solutions. The company has over 50 years of leadership in the industry and over 75 registered patents based on 30+ years of R&D. Manufacturing capabilities span Canada, the United States, Italy, India, China, and Sweden, with high-volume final assembly and full validation testing.
Differentiator
Problem solved
Functional benefit
Companies that use TM4
Customer profileSegments10 records
Ideal customer profiles1 record
TM4 technology and API
TechnologyAPI detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
TM4 partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Dana Incorporated (Parent Company)coreDana TM4 is a wholly-owned subsidiary of Dana Incorporated, a major automotive supplier with approximately $7.5 billion in 2025 sales. Dana Incorporated completed the $2.7 billion sale of its Off-Highway business and provides 2026 guidance projecting sales of $7.3-7.7 billion.
Scale indicators3 records
Recent moves4 records
Expansion highlights3 records
TM4 competitors and assessment
Company assessmentBroad incumbents
- WEG: Brazilian-headquartered global manufacturer of industrial electric motors, drives (VFDs), and power electronics for industrial, energy, and mobility applications. Comparable to Dana TM4 because WEG serves adjacent industrial motor/drive markets and is expanding into traction motors for EVs and rail.
- Cummins (Accelera by Cummins): Diesel engine and powertrain giant that has launched the Accelera brand for zero-emission powertrains, including electric motors, inverters, fuel cells, and battery systems for commercial vehicles, rail, and marine. Comparable because Accelera overlaps with Dana TM4's commercial-vehicle, marine, and rail propulsion offerings.
- ABB: Industrial electrification conglomerate with substantial motors (including high-voltage traction motors) and power electronics businesses serving rail, marine, and industrial applications. Comparable because ABB is a competing supplier in the marine, rail, and high-power industrial motor/inverter markets that Dana TM4 also serves.
Direct peers
- Aisin: Japanese Tier-1 supplier of electrified drivetrain components including e-axles, power electronics, and motors for hybrid and battery-electric vehicles. Comparable because Aisin is explicitly cited alongside Dana TM4 as a competitor in the electric drivetrain market.
- Nidec: Global manufacturer of motors and power electronics including automotive traction motors (E-Axle, Ni200Ex) and appliance/industrial motors. Comparable to Dana TM4 because Nidec competes in the same high-voltage electric motor and inverter space for vehicle electrification.
- BorgWarner: Large global Tier-1 automotive supplier with substantial electric drive module, power electronics, and motor programs across passenger and commercial EVs. Directly comparable because BorgWarner competes head-to-head with Dana TM4 for OEM EV drivetrain sockets, including in commercial and off-highway-adjacent vehicles.
- ZF Friedrichshafen: Tier-1 supplier of transmissions, driveline, and electric drive components (including electric motors and power electronics) for passenger cars and commercial vehicles. Comparable to Dana TM4 because ZF supplies integrated electric drivetrain systems with motor + inverter + control architectures to overlapping OEMs.
Emerging players
- Equipmake: UK-based specialist EV powertrain company producing motors, inverters, and battery systems primarily for buses, commercial vehicles, and motorsports. Comparable because Equipmake offers a similar integrated motor + inverter + control architecture and targets overlapping commercial-vehicle and motorsport niches.
- Sona Comstar: India-headquartered automotive component supplier with growing EV drivetrain business, including motors, motor controllers, and integrated drivetrains for passenger and commercial EVs. Comparable because Sona Comstar competes with Dana TM4 in electric traction motors and integrated e-drive systems, particularly for emerging-market OEMs.
- YASA (a Mercedes-Benz Group brand): Specialist manufacturer of high-performance axial-flux electric motors acquired by Mercedes-Benz, with programs in motorsport and automotive. Comparable to Dana TM4 because YASA focuses on high-power-density electric motors for motorsports and high-end automotive applications served by TM4.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
TM4 social profiles
Digital presenceTM4 financial estimates
Financial estimateRevenue estimate
Valuation estimate
TM4 leadership team
Management profileNumber of profiles
TM4 funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TM4 M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TM4
What does TM4 do?
Dana TM4 designs, develops, and manufactures high-voltage electric motors, power inverters, and integrated control systems that together form complete electric and hybrid propulsion drivetrain solutions. These products are sold as both standalone components and integrated systems to vehicle manufacturers and OEMs serving off-highway, marine, rail, motorsports, and recreational vehicle applications.
Is TM4 a public or private company?
TM4 is a private company. It is classified as corporate owned and is currently operating.
When was TM4 founded?
TM4 was founded in 1972. It employs 251 to 500 people.
Where is TM4 based?
TM4 is headquartered in Boucherville, Canada, in the North America region.
How does TM4 make money?
Two revenue lines are on record. Electric Propulsion Systems Sales are the primary driver. The others are component Sales (Motors, Inverters).
Who are TM4's main competitors?
Broad incumbents on record are WEG, Cummins (Accelera by Cummins) and ABB. Direct peers are Aisin, Nidec, BorgWarner and ZF Friedrichshafen. Emerging players are Equipmake, Sona Comstar and YASA (a Mercedes-Benz Group brand).
Does TM4 have an API?
No public API is recorded for TM4.
What industry is TM4 in?
TM4's product category is Electric Vehicle Propulsion Systems. Its primary akta.pro industry code is IMACAHAJ, Hybrid Powertrain Integration Manufacturing (ICE-HEV/PHEV modules), with a secondary code of IMACAJAE, Automotive Power Electronics & Inverters/Converters Manufacturing. Its NAICS code is 33632 and its SIC code is 3621.