Eaton enters vehicle electrification market with eMobility business
July 12, 2018 — Eaton is addressing increasing demand for high-voltage electrified vehicle technologies with the creation of its new eMobility business.
eMobility will focus on intelligent power electronics, power systems and advanced power distribution and circuit protection. The business was formed by combining products, expertise and global manufacturing capabilities from Eaton’s Electrical and Vehicle businesses.
Eaton plans to invest over $500 million over the next five years to develop new products and technologies, including smart diagnostic technologies, intelligent power electronics and predictive health monitoring, to deliver intelligent electrification products and solutions to passenger car, commercial vehicle and off-highway customers.
“Our understanding of the unique needs of vehicle customers, along with our experience in transmissions and power electronics in the hybrid space, gives us a distinct advantage versus other suppliers,” said Jeff Lowinger, president, eMobility. “Customers using Eaton hybrid systems have collectively accumulated an estimated two billion miles of clean, reliable service.”
eMobility focuses 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, super capacitors and power distribution units (PDUs), while converters and on-board chargers fall under the power electronics umbrella. Power systems include EV transmissions for a variety of medium- and heavy-duty applications, as well as a 48V regenerative accessory drive system for heavy-duty trucks.
Eaton projects its current electrified portfolio will account for approximately $300 million in revenue in 2018, and forecasts revenues of $2-4 billion by 2030.
eMobility currently employs approximately 1,200 employees and is headquartered in Southfield, Michigan, with design centres and manufacturing locations in Asia, Europe and the Americas.
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