With an eye for the future of high-voltage electrified vehicle technologies, Eaton has created a new eMobility business.
Eaton eMobility will combine the products and global manufacturing capabilities of its electrical and vehicle businesses along with $500 million over the next five years to develop new products such as smart diagnostic technologies, intelligent power electronics and predictive health monitoring. These, says the company, will be used to power the passenger car, commercial vehicle and off-highway industries into a substantially electrified future.
The company has been working on vehicle electrification for the last 15 years, putting more than 15,000 hybrid electric vehicles and plug-in hybrid electric vehicle systems on the road in Asia, Europe and the United States. Eaton’s high-voltage, fast acting fuses are built into nearly 50 percent of the world’s electrified cars and power the electronics on one of Europe’s leading electric vehicle battery platforms.
“Customers using Eaton hybrid systems have collectively accumulated an estimated 2-billion miles of clean reliable service,” says Jeff Lowinger, president of eMobility.
The eMobility business unit will focus on three primary areas for automotive and commercial vehicle customers: intelligent power electronics, power systems, and advanced power distribution and circuit protection. 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. 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.
Eaton’s existing line of electrified products includes DC/DC converters, power distribution units, hybrid and battery-electric transmissions, and high-voltage fuses. The company projects its current electrified portfolio will account for approximately $300 million in revenue in 2018, and forecasts revenues of $2 to $4 billion by 2030. According to the company, the global vehicle electrification market is projected to grow to 15-million pure battery-electric vehicles and 30-million hybrids by 2030.