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21 Feb 2024, Edition - 3144, Wednesday

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First Customer Win for Federal-Mogul Powertrain's New Product Group Controlled Power Technologies

by businesswireindia.com

Business Wire India
Federal-Mogul Powertrain today announced the first commercial customer contract for its new product group Controlled Power Technologies (CPT). The long-term contract, worth around $100m, covers the development and series production of advanced starter-generator systems for an OEM.
“I am proud to make this announcement as the culmination of over two years’ intense engineering work with the customer,” said Nick Pascoe, Managing Director, Federal-Mogul Controlled Power Ltd. “At the time of our acquisition by Federal-Mogul Powertrain in November 2017, the company pledged its commitment to invest in manufacturing and route to market, accelerating the transition of our high performance technologies to volume production. We are now seeing the results of that commitment.”
“While Federal-Mogul Powertrain remains focused on its current products and capabilities for internal combustion engines, CPT’s technologies significantly add to our existing core competence,” explained Rainer Jueckstock, Chief Executive Officer, Federal-Mogul Powertrain. “CPT’s product portfolio provides an excellent opportunity for additional business growth. It enables us to enter into exciting new projects and partnerships with OEMs working to reduce CO2 emissions and develop hybridized powertrains. This is the first example with more to come.”
CPT´s innovative electrification and hybridization products enable the integration of electric motor-generators for stop-start and various other hybridization applications. In addition, the portfolio includes exhaust-driven electrification technologies, combustion engine e-boosting and fuel cell e-compressors. The products are suitable for use across a diverse range of drivetrain configurations and electrical architectures for the reduction of powertrain emissions while enhancing performance.
Source: Businesswire