Modine Selected to Supply Thermal Management Solution for Shyft Group Blue Arc Commercial EV

Rhea-AI Summary

Modine Manufacturing Company (NYSE: MOD) announces a partnership with The Shyft Group to provide custom thermal management solutions for Blue Arc's Class 3 all-electric delivery vehicles. The Modine EVantage™ system enhances battery thermal management, power electronics cooling, and passenger comfort, designed specifically for commercial fleet applications. This collaboration aims to optimize vehicle safety, functionality, and performance, reflecting Modine's commitment to innovation in EV technologies.

Positive

• Collaboration with The Shyft Group enhances Modine's presence in the growing EV market.
• Custom EVantage™ solutions improve thermal management, benefiting performance and longevity of electric delivery vehicles.
• Safety and functionality of the delivery vehicle chassis are prioritized, appealing to commercial fleet operators.

Negative

• None.

Modine brings customized solutions to the all-electric last-mile delivery van category, adaptable to fit any size chassis.

RACINE, Wis., Oct. 26, 2022 /PRNewswire/ -- As commercial fleet owners move to electric vehicles (EVs) to cut emissions, Modine Manufacturing Company (NYSE: MOD, "Modine"), a diversified global leader in thermal management technology and solutions, today announced working with leading specialty vehicle manufacturer The Shyft Group to deploy a custom EVantage™ Thermal Management System for Blue Arc™ EV Solutions Class 3 all-electric delivery vehicle. The Modine EVantage™ Solution for Shyft delivers an integrated system for battery thermal management, power electronics cooling, and passenger comfort.

Blue Arc's purpose-built commercial EV chassis from The Shyft Group meets the demanding needs of commercial fleet applications and duty cycles. With the particular focus on the safety of the Blue Arc chassis, the Modine solution fits inside the vehicle frame rails with the other battery elements. This in-rail system design provides better protection for the driver and allows for more customization and functional cargo space than externally mounted batteries on retrofitted trucks.

"The Blue Arc platform is a first-of-its-kind commercial EV chassis that leverages the strength of Tier-1 suppliers like Modine to deliver critical vehicle systems to meet the high expectations of our customers," said Eric Fisher, senior vice president and general manager, Shyft Innovations, The Shyft Group. "The collaboration between Shyft and Modine builds on each company's strengths. Our expertise in developing and manufacturing custom chassis and work truck bodies through our Shyft Work-Driven Design™ process combined with Modine's deep experience in EV thermal management for medium-duty trucks means we can help ensure safety and functionality for our commercial electric fleet customers."

With more than 100 years in transportation industry engineering, Modine produces complete EV thermal management systems that keep battery, traction motor, and power electronics temperatures within optimal temperature ranges under all operating conditions. With the EVantage suite of thermal management products, Modine provides standard and purpose-built solutions that meet the needs of customer applications across the commercial vehicle segment. EVantage products optimize system cooling and heating while minimizing power draw and managing thermal conditions during vehicle operations and charging to improve commercial EV performance, longevity, range, and safety.

"The collaboration with Shyft is anchored in our commitment to innovation and customer satisfaction, and the Blue Arc platform is a clear validation of that approach," said Gina Maria Bonini, vice president and general manager of Advanced Thermal Systems at Modine. "Shyft has a unique chassis layout that provides generous cargo space and extended driver visibility, and we were able to deliver a solution that meets both the cooling and heating needs as well as physical requirements of the platform. We are delighted to be a part of this program and to support Shyft in meeting its performance, safety, and durability goals for electric fleets."

Modine EVantage thermal management systems for commercial EVs are designed, manufactured, and tested for operation in harsh environments and ruggedized to operate reliably in high-vibration applications. Modine uses its state-of-the-art design and testing center, as well as decades of vehicular component testing experience, to ensure that customers can have confidence in the performance and longevity of their high-frequency, last-mile delivery platforms. Modine customers benefit from a strong portfolio of standard EVantage thermal systems as well as the option to co-develop custom solutions that fit the thermal needs and space constraints of novel commercial EV chassis.

To find out more about how Modine can shorten commercial and specialty EV design and development cycles, please visit www.ModineEV.com.

About Modine

At Modine, we are engineering a cleaner, healthier world. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally-friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (USA), with operations in North America, South America, Europe and Asia. For more information about Modine, visit www.modine.com.

Blue Arc^™ is a trademark of The Shyft Group.

CONTACT INFORMATION:
Technica Communications
Cait Caviness
modine@technica.inc 

View original content:https://www.prnewswire.com/news-releases/modine-selected-to-supply-thermal-management-solution-for-shyft-group-blue-arc-commercial-ev-301659081.html

SOURCE Modine Manufacturing Company

FAQ

What does Modine's partnership with The Shyft Group involve?

Modine is supplying thermal management solutions for Blue Arc's all-electric delivery vehicles.

How does the EVantage™ system improve electric delivery vehicles?

The system enhances battery thermal management, power electronics cooling, and passenger comfort.

What is the focus of Modine's thermal management solutions?

The solutions are designed for commercial fleet applications, ensuring safety and functionality.

When was the press release about Modine's new partnership issued?

The press release was issued on October 26, 2022.

What is the stock symbol for Modine?

The stock symbol for Modine is MOD.