An attempt by a 20-percent owner of Southborough electric vehicle components company Sevcon to overhaul its board of directors failed at a shareholder vote this month.
Southborough electric vehicle manufacturer Sevcon Inc. announced Thursday it has inked a $200-million contract with a European manufacturer to develop parts.
A $50-million Southborough manufacturer specializing in parts for electric vehicles on Thursday made its case to shareholders to permanently remove its former executive chairman from its board of directors, while he is seeking to replace three of the company's eight directors.