EVantage™ Thermal
Management Systems improve electric vehicle range, performance, and
battery life by providing full control over
critical EV battery and power electronics
temperatures in various environmental
conditions.
SAN ANTONIO, Jan. 17, 2024 /PRNewswire/ -- Recently, Frost
& Sullivan analyzed the electric vehicle (EV) thermal
management systems industry and, based on its findings, recognizes
Modine (NYSE: MOD) with the 2023 North American New Product
Innovation Award. With over a century of experience, the thermal
management system developer delivers innovative solutions for
various industries, including transportation, agriculture,
construction, heating, ventilation, industrial refrigeration, power
generation, and industrial air conditioning. It builds its success
on a commitment to quality, reliability, and exceptional customer
service. Modine's cutting-edge technologies and expertise make it a
go-to choice for businesses looking to optimize operations,
accelerate decarbonization, and stay ahead of the
competition.
Modine's EVantage™ thermal management systems seamlessly
integrate into a wide range of vehicles, including school buses,
delivery vans, heavy-duty trucks and off-highway machines. The
EVantage™ Battery Thermal Management System (BTMS)
optimizes the temperature range for the vehicle's entire battery
bank with a single unit through multi-stage cooling and
heating circuits. EVantage™ Electronics Cooling
Package (ECP) keeps the vehicle's traction motor and power
electronics cool under different loads by providing a complete
solution with multi-zone cooling.
Silvana Rulet, best practices research analyst at Frost &
Sullivan, observed, "Modine invests heavily in research and
development and leverages market insights to ensure its solutions
align with customer needs. Continuous technology exploration and a
thorough analysis of market trends advance its commitment to new
thermal management system development."
Modine positions itself at the forefront of improving
performance and vehicle life in the commercial and specialty
vehicle market as the market transitions to electrification,
emphasizing its role in pioneering heat transfer technology. The
company tailored the EVantage™ suite to meet evolving heat
load and environmental requirements to deliver optimal performance
for commercial EV batteries and power electronics. "The EVantage™
product suite includes a BTMS and an ECP, providing plug-and-play
solutions that enhance performance and longevity while minimizing
power draw. Modine integrates a customer-centric approach to ensure
its offering addresses users' needs," added Anamika Risal, consulting analyst at Frost &
Sullivan.
Each year, Frost & Sullivan presents this award to the
company that has developed an innovative element in a product by
leveraging leading-edge technologies. The award recognizes the
value-added features/benefits of the product and the increased
return on investment (ROI) it gives customers, which, in turn,
raises customer acquisition and overall market penetration
potential.
Frost & Sullivan Best Practices awards recognize companies
in various regional and global markets for demonstrating
outstanding achievement and superior performance in leadership,
technological innovation, customer service, and strategic product
development. Industry analysts compare market participants and
measure performance through in-depth interviews, analyses, and
extensive secondary research to identify best practices in the
industry.
About Frost & Sullivan
For six decades, Frost
& Sullivan has been world-renowned for its role in helping
investors, corporate leaders, and governments navigate economic
changes and identify disruptive technologies, Mega Trends, new
business models, and companies to action, resulting in a continuous
flow of growth opportunities to drive future success. Contact us:
Start the discussion.
Contact:
Ashley Weinkauf
P: 210-844-2505
E: ashley.weinkauf@frost.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 (U.S.), with operations in North America, South
America, Europe and
Asia. For more information about
Modine, visit www.modine.com.
CONTACT INFORMATION:
Technica Communications
Caitlan Caviness
modine@technica.inc
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