STOCK TITAN

BAE Systems to Bring Next-Generation Electric Drive System to Heavy-Duty Industrial Vehicle Market

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

BAE Systems (OTC-PINK: BAESY) introduces next-generation power and propulsion technology to the heavy-duty industrial vehicle market. The innovative electric drive system aims to expedite electric vehicle (EV) market entry for OEMs, lowering installation costs. With over 15,000 electrified systems and four billion on-road miles logged, BAE's technology emphasizes modularity and efficiency. The new system supports battery electric, fuel cell, and hybrid vehicles, promising a scalable solution for various applications. This initiative aligns with BAE's commitment to a zero-emission future.

Positive
  • Introduction of next-generation power and propulsion technology for heavy-duty industrial vehicles.
  • Modular design enhances flexibility and scalability for manufacturers.
  • Supports a range of applications from school buses to mining vehicles, promoting versatility.
  • BAE Systems has extensive experience with 15,000+ systems deployed and four billion miles logged.
Negative
  • None.

ENDICOTT, N.Y.--(BUSINESS WIRE)-- BAE Systems, a leader in electric propulsion, will bring its next-generation power and propulsion technology to the heavy-duty industrial vehicle market. The company’s electric drive system provides a revolutionary design which will help industrial vehicle original equipment manufacturers (OEMs) get their electric vehicles (EVs) to market faster and at a lower installed cost.

BAE Systems, a leader in electric propulsion, will bring its next-generation power and propulsion technology to the heavy-duty industrial vehicle market. (Credit: BAE Systems)

BAE Systems, a leader in electric propulsion, will bring its next-generation power and propulsion technology to the heavy-duty industrial vehicle market. (Credit: BAE Systems)

BAE Systems has over 15,000 power and propulsion systems in electrified commercial vehicles across the globe, and those systems have logged four billion on-road miles.

“We are providing an all-inclusive solution to bring the industrial vehicle market one step closer to a zero emission future,” said Steve Trichka, vice president and general manager of Power and Propulsion Solutions at BAE Systems. “Our next-generation components are the Swiss Army Knife of power electronics, delivering multifunctional capabilities in a compact and flexible design. This flexibility makes it easier for OEMs to cover multiple platforms, including traditional diesel and purpose built EVs.”

BAE Systems’ next-generation system for the heavy-duty industrial vehicle market builds on the company’s more than 25 years of experience in low and zero emission EV solutions for the transit bus and marine industries. The system uses fewer components and increases electrical efficiency. Its Modular Accessory Power System (MAPS) and Modular Power Control System (MPCS) also allow for scalable, customized solutions to provide the core power for a range of applications, from school buses and mining vehicles to sanitation and yard trucks.

Using a modular design, BAE Systems’ power electronics technology will provide both power and propulsion for battery electric, fuel cell, and electric-hybrid vehicles. In addition to MAPS and MPCS, the next-generation system is available with central motor, electric axle, battery and fuel cell solutions.

BAE Systems has a deep understanding of systems engineering, a revolutionary design for propulsion and accessory power, proven integration expertise, and aftermarket support to give manufacturers a reliable solution and faster path to market, at a lower installation cost.

BAE Systems develops and services its electric propulsion technology at its facilities in Endicott, N.Y., and Rochester, U.K.

Eric Peterson, BAE Systems

Mobile: 603-288-4082

eric.peterson2@baesystems.com

www.baesystems.com/US

@BAESystemsInc

Source: BAE Systems

FAQ

What technology is BAE Systems launching for the heavy-duty industrial vehicle market?

BAE Systems is launching next-generation power and propulsion technology designed to expedite the electric vehicle market entry for OEMs.

How many power systems has BAE Systems deployed globally?

BAE Systems has over 15,000 power and propulsion systems deployed in electrified commercial vehicles worldwide.

What benefits does BAE's electric drive system offer to manufacturers?

The electric drive system offers a revolutionary design that lowers installation costs and accelerates market entry for electric vehicles.

How does BAE Systems' technology support zero-emission goals?

BAE's technology aims to provide scalable solutions that contribute to a zero-emission future for heavy-duty industrial vehicles.

What types of vehicles can benefit from BAE Systems' new technology?

The new technology supports battery electric, fuel cell, and hybrid vehicles, making it suitable for a wide range of applications.

BAE SYSTEMS PLC S/ADR

OTC:BAESY

BAESY Rankings

BAESY Latest News

BAESY Stock Data

49.24B
755.04M
2.62%
Aerospace & Defense
Industrials
Link
United States of America
Camberley