Trackwise Signs Flex PCB Agreement with UK EV Manufacturer
October 6, 2020 | Trackwise Designs PLCEstimated reading time: 1 minute
Trackwise Designs has signed a three-year agreement to manufacture and supply flexible printed circuit (FPC) boards to a UK manufacturer of electric vehicle (EVs). The agreement has the potential to be worth up to £38 million over the period.
The large quantity and precisely defined cell connections and monitoring locations in battery modules are well-suited to FPCs. Using FPCs in EVs saves part count and assembly time, leading to increased efficiencies during build processes. They also save space and weight in the final product, enabling the vehicle to go further on a single charge and reducing vehicle emissions. FPCs produced using Trackwise’ patented Improved Harness Technology™ (IHT) can be made to any length depending on requirements and manufacturers are no longer restricted to traditional, shorter lengths.
The UK government has ambitions for domestic companies to be at the global forefront of ultra-low emission vehicle (ULEV) development, manufacture and use. In 2017, their Industrial Strategy included an investment of £274 million into the Faraday Battery Challenge to develop, design and manufacture world-leading batteries in the UK. The resulting increase in green vehicles will contribute to economic growth whilst reducing greenhouse gas emissions and improving air quality.
Commenting on World Electric Vehicle Day on 9 September 2020, UK Business and Industry Minister, Nadhim Zahawi said, “From multi-million-pound investments in electric vehicle charging points to consulting on ending the sale of new petrol and diesel cars and vans, we’re making certain that the future of UK transport is green.”
Philip Johnston, CEO of Trackwise, commented, “The UK was the first major economy to set a legally binding target to cut its greenhouse gas emissions to ‘net-zero’ by 2050. We’re delighted to be working with a UK-based EV manufacturer at the forefront of driving the adoption of sustainable technologies and we acknowledge and are grateful to the support of the Faraday Battery Challenge. The selection of Trackwise to help power EVs at scale is a fantastic endorsement of how our technology can help the UK build a robust and reliable domestic supply chain. This in turn will help the government achieve its goal in significantly reducing CO? emissions.
Suggested Items
NASA’s Optical Comms Demo Transmits Data Over 140 Million Miles
04/30/2024 | NASA JPLNASA’s Deep Space Optical Communications experiment also interfaced with the Psyche spacecraft’s communication system for the first time, transmitting engineering data to Earth.
Plexus Announces Fiscal Q2 Financial Results
04/30/2024 | Plexus Corp.Plexus Corp. announced financial results for our fiscal second quarter ended March 30, 2024, and guidance for our fiscal third quarter ending June 29, 2024.
SCHWEIZER Confirms Group Figures and Outlook for 2024
04/29/2024 | SCHWEIZERSCHWEIZER announces the publication of the annual report for 2023 and confirms the preliminary figures. The SCHWEIZER-Group (according to IFRS) generated sales of EUR 139.4 million in 2023 (previous year: EUR 131.0 million).
NCAB Group Posts Interim Report Q1 2024
04/26/2024 | NCAB GroupNet sales decreased by 17% to SEK 950.6 million (1,146.4). Compared with the year-earlier period, sales were affected bylower prices and continued inventory adjustments by customers. In USD, net sales decreased 17%. For comparable units, net sales decreased 24% in both SEK and USD.
Rogers Corporation Reports Q1 2024 Results
04/26/2024 | Rogers CorporationNet sales of $213.4 million increased 4.3% versus the prior quarter resulting from higher sales in the AES and EMS business units. AES net sales increased by 4.1% primarily related to higher aerospace and defense (A&D), wireless infrastructure, industrial and renewable energy sales, partially offset by lower EV/HEV and ADAS sales. EMS net sales increased by 2.8% primarily from higher general industrial, A&D and EV/HEV sales, partially offset by seasonally lower portable electronics sales.