Kautex Textron GmbH & Co. KG, a Textron Inc. (TXT) company, said it has received an order from an automotive OEM for a full-BEV thermoplastic composite lower battery housing unit. The lower housing is part of the company's Pentatonic battery enclosure portfolio, facilitating battery electric and hybrid electric vehicle production.
The company noted that this order marks Kautex's second Pentatonic business win, following its initial success in January 2023 with a full-BEV underbody protection skid plate that entered serial production in 2024.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.