Eaton Focus on Electrification With eMobility Formed
Eaton To capitalize on the growing vehicle electrification market, Eaton has created a new business unit called eMobility. EMobility will focus on intelligent power electronics, power systems, and advanced power distribution and circuit protection.
Power systems include electric vehicle transmissions for a variety of medium- and heavy-duty applications, as well as a 48-volt regenerative accessory drive system for heavy-duty trucks. The power distribution and protection category includes fuses, supercapacitors and power distribution units, while converters and on-board chargers fall under the power electronics umbrella.
The new entity was formed by combining products, expertise and global manufacturing capabilities from Eaton’s Electrical and Vehicle businesses. It will be headquartered in Southfield, Michigan, with design centers and manufacturing locations in Asia, Europe, and the Americas.
Eaton’s existing line of electrified products – which includes DC/DC converters, PDUs, hybrid and battery-electric transmissions, and high-voltage fuses – serve as the foundation for eMobility to grow as electrification increases. Eaton projects its current electrified portfolio will account for approximately $300 million in revenue in 2018, and forecasts revenues of $2 billion to $4 billion by 2030 as new products and customers are added to the eMobility portfolio.
The company says it has more than 15 years of expertise in developing hybrid systems, with more than 15,000 HEV and PHEV systems on the road in the U.S., Europe, China and other Asia-Pacific markets
Eaton said eMobility is poised to capitalize on a global vehicle electrification market projected to grow to 15 million pure battery-electric vehicles and another 30 million hybrids, from mild to plug-in, by 2030. It plans to invest more than $500 million over the next five years in eMobility to develop new intelligent electrification products and solutions for passenger car, commercial vehicle, and off-highway customers.
“Our understanding of the unique needs of vehicle customers, along with our experience in transmissions and power electronics in the hybrid space, gives us a distinct advantage versus other suppliers,” said Jeff Lowinger, president, eMobility. “Customers using Eaton hybrid systems have collectively accumulated an estimated 2 billion miles of clean, reliable service.” (www.chinatrucks.com)
Views:0
- Eaton Acquires Exertherm 2024-05-24
- Eaton Cummins Officially Starts Localized Production in China 2021-02-23
- Eaton and Shaanxi Fast Gear Announce a Joint Venture 2018-05-11
- FAST Be Honored Eaton Supplier Premier Award 2017-10-17
- Vice-president of Eaton Grobal Craig Reed visits our company 2015-03-25
- Eaton Denied Sell of Auto Parts Business 2013-06-18
- EATON Launches FULLER Heavy-duty Gearbox 2013-03-15
- Cummins, Eaton to Offer Integrated 'Powertrain Package' 2013-03-14
- Eaton Launches ELocker Differential in Europe Providing Enhanced Traction to GAZ Group LCVs 2012-10-19
- Eaton Prolongs Heavy Duty Clutch Lifetime with New Cushioned Ceramic Design 2012-10-18
Submit Your Requirements, We Are Always At Your Service.
- Jiefang Partners with FCTS to Develop Hydrogen-Powered Car Transport Vehicles
- Farizon Auto Sets Roadmap for Global Expansion
- JMC Assembles Kaiyun Euro 5 Models in Vietnam
- SuperPanther Teams up with DHL for Sustainable Logistics
- SuperPanther Partners with Steyr Automotive to Launch Electric Heavy-Duty Trucks
- JAC Showcases T9 EV Pickup at 2024 EVA Frankfurt Electric Vehicle Expo
- Zoomlion Reports Record Overseas Revenue Growth for H1, 2024
- Madagascar President Rajoelina Visits Foton Motor
- European Premiere for Kia PBV at IAA Hannover 2024
- SAIC Maxus RV Debuts at Düsseldorf Caravan Show in Germany
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024
- XCMG Dominates 2024 with Record Sales in New Energy Heavy Trucks
- Mid-Year Pickup Market Report: JAC Exports Up 13%, JMC Exceed 36,000 Units
- Truck Exports in May 2024: China Exported Close to 65,000 Trucks
- Exports of Pickups Reached 22,892 Units in May
- Exports Surge by 157%! DFAC Exports 9,628 Vehicles from January to May
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY