Eaton, global power management company has announced the creation of its new eMobility business, in line with the increasing demand for high-voltage electrified vehicle technologies. The new Eaton eMobility business will focus on intelligent power electronics, power systems, and advanced power distribution and circuit protection. It is set to capitalise on a global vehicle electrification market projected to grow to 15 million pure battery-electric vehicles and another 30 million hybrids, from mild to plug-in, by 2030.
The eMobility division was formed by combining products, expertise and global manufacturing capabilities from the company’s Electrical and Vehicle businesses. Eaton plans to invest over $ 500 mn over the next five years to develop new products and technologies, including smart diagnostic technologies, intelligent power electronics and predictive health monitoring. This is expected to further strengthen its global capabilities, and deliver intelligent electrification products and solutions to passenger car, commercial vehicle and off-highway customers. Eaton eMobility is a global business headquartered in Southfield, US, with design centres and manufacturing locations in Asia, Europe and the Americas, and employs about 1,200 people at present.
This business division focuses on three primary areas for both automotive and commercial vehicle customers - intelligent power electronics; power systems; advanced power distribution and circuit protection. The power distribution and protection category includes fuses, supercapacitors and power distribution units (PDUs), while converters and on-board chargers fall under the intelligent power electronics umbrella. Power systems include electric vehicle transmissions for a variety of medium and heavy-duty applications, as well as a 48 V regenerative accessory drive system for heavy-duty trucks.
Eaton said it has over 15 years of expertise in developing hybrid systems, with more than 15,000 HEV and PHEV systems on the road in the US, Europe, China and other Asia-Pacific markets. It also has high-voltage, fast-acting fuses in nearly 50 % of global electrified cars, and power electronics on a leading European battery-electric vehicle platform. Eaton’s existing line of electrified products, which includes DC/DC converters, PDUs, hybrid and battery-electric transmissions, and high-voltage fuses, are said to serve as the foundation for eMobility. Eaton projects its current electrified portfolio to account for about $ 300 mn in revenue in 2018, and forecasts revenues of $ 2-4 bn by 2030, as new products and customers are added to the eMobility portfolio.
Jeff Lowinger, President, eMobility, said the company’s understanding of the unique needs of vehicle customers, along with its experience in transmissions and power electronics in the hybrid space, gives us a distinct advantage versus other suppliers. Customers using Eaton hybrid systems have collectively accumulated an estimated 2 billion miles of clean, reliable service, he added.