MI-EATON
7.3.2024 12:31:34 CET | Business Wire | Press release
Intelligent power management company Eaton continues to expand its capabilities and resources in Europe, Middle East, and Africa (EMEA) with the recent announcements of two grants from the Czech Republic. The grants will fund participation in two innovative mobility projects, including assisting in the design and development of an electrified off-road truck and to develop and demonstrate a new power distribution unit (PDU) and DC/DC converter (200 kW) for hydrogen fuel cell powered trucks.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240307921565/en/
Eaton’s power distribution unit will be utilized in two electrified vehicle projects funded by grants from the Czech Republic. (Photo: Business Wire)
“We are continuously expanding our electrified vehicle capabilities in EMEA and forming meaningful partnerships with governments and automotive manufacturers and suppliers,” said Dr. Mihai Dorobantu, director, Technology Planning and Government Affairs, Eaton’s Mobility Group. “EMEA is an important growth region for electrified vehicles, and we are proud to help pave the way to an emissions-free future.”
One of the grants from the Czech Republic is to participate in a joint program with Tatra Trucks, a leading Czech truck manufacturer for both military and commercial applications, to produce a specialized off-road electrified truck, a prototype called the Battery Electric Tatra Truck with multi-speed Transmission (BETTT). Eaton’s contribution to the endeavor will be the integration of its power distribution unit (PDU) and award winning 4-speed transmission for medium- and heavy-duty electrified vehicles (EVs).
“We’re very excited to have been chosen to participate in this important project,” Dorobantu said. “Eaton strives to be at the forefront of innovation for all types of vehicles as the mobility industry continues its transition from internal combustion-powered vehicles to those with electrified drivetrains.”
Medium- and heavy-duty vehicle requirements are fundamentally different than passenger vehicles. Because larger vehicles, such as buses and trucks, are bigger and heavier than passenger vehicles, electrified versions require large electric motors and batteries, which add cost. However, many vehicles typically operate on routes with significant braking opportunities that generate power via regenerative braking, making electrification an attractive opportunity to reduce energy and improve performance simultaneously.
The 4-speed EV transmission, a part of Eaton’s eMobility portfolio of electrified vehicle components, solves the primary issue related to single-speed drives: contradictory requirements for high efficiency at top speeds and increased torque at launch and low speeds. It also promotes a more complete brake energy regeneration that reduces total energy consumption and battery needs.
Eaton’s PDUs connect the main battery power to the rest of the vehicle, similar to how a home service panel connects the main power source to each of the branch circuits in the house. While distributing power through the vehicle, the PDU, also known as junction boxes, or fuse boxes, also provides a safety function, protecting passengers and the vehicle’s expensive power electronics from short circuits and other electrical system faults.
“Eaton’s PDU leverages our extensive automotive experience and electrical expertise to ensure complete power protection with enhanced vehicle performance and efficiency,” Dorobantu said. “The BETTT project will allow us to gain knowledge from a specific application and demonstrate the performance benefits of our components on a system level.”
Eaton’s second grant is from the Czech government program DEFACTo (Definition and Demonstration of Fuel Cell BoP and DC/DC components) for a three-year program to develop and demonstrate a new PDU and DC/DC converter (200 kW) for hydrogen fuel cell powered trucks. In addition, an internal test bench with a fuel cell system (50 kW) will be set up at the Eaton European Innovation Center (EEIC) to expand and accelerate the company’s capabilities and developments in the field of hydrogen.
“To successfully complete this project, we are establishing a hydrogen fuel cell lab at our European Innovation Center in Prague to test out different fuel cell components, including air and hydrogen control systems, as well as working to integrate a fuel cell in a simulated vehicle or building,” Dorobantu said.
Learn more about Eaton’s EV transmission and PDU.
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re accelerating the planet’s transition to renewable energy sources, helping to solve the world’s most urgent power management challenges, and building a more sustainable society for people today and generations to come.
Eaton was founded in 1911 and has been listed on the New York Stock Exchange for more than a century. We reported revenues of $23.2 billion in 2023 and serve customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240307921565/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
2PointZero Group Signals Global Scale With Revenue Surge to AED 21.9 Billion and Net Profit of AED 7.7 Billion in H1 202631.7.2026 13:42:00 CEST | Press release
Group revenue growth supported by stable gross profit margin of 29%, and adjusted EBITDA of AED 5.0 billionGlobal expansion milestones include the completed sale of TAQA stake, and the acquisition of Traverse Midstream Partners in North America, Baobab Group in Africa, and 60.8% of ISEM in ItalyTIME ranks the Group 36th on the World’s Growth Leaders list for 2026, highlighting market stability, operational scale and disciplined approach to capital 2PointZero Group (ADX: 2POINTZERO), a leading Abu Dhabi-based investment holding firm, announced its financial results for the first half of 2026, reporting revenue of AED 21.9 billion and delivering a Group Net Profit of AED 7.7 billion. This robust performance is reflected in the Group’s adjusted EBITDA, which reached AED 5.0 billion after excluding fair value changes and one-offs. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260731538982/en/ Samia Bouazza, CEO of 2PointZero (P
Datroway® Approved in the EU as Only TROP2 Directed Medicine with Overall Survival Benefit for the First-Line Treatment of Patients with Metastatic TNBC Who Are Not Candidates for Immunotherapy31.7.2026 08:30:00 CEST | Press release
Approval based on TROPION-Breast02 phase 3 trial results where Daiichi Sankyo and AstraZeneca’s Datroway showed a statistically significant and clinically meaningful improvement for the dual primary endpoints of overall survival and progression-free survival Datroway now approved for two breast cancer indications in the EU Datroway® (datopotamab deruxtecan) has been approved in the European Union (EU) as monotherapy for the first-line treatment of adult patients with unresectable or metastatic triple negative breast cancer (TNBC) who are not candidates for PD-1/PD-L1 inhibitor therapy. Datroway is a specifically engineered TROP2 directed DXd antibody drug conjugate (ADC) discovered by Daiichi Sankyo (TSE: 4568) and being jointly developed and commercialized by Daiichi Sankyo and AstraZeneca (LSE/STO/NYSE: AZN). The approval by the European Commission follows the positive opinionof the Committee for Medicinal Products for Human Use of the European Medicines Agency and is based on result
Polpharma Biologics Announces FDA and EMA Acceptance for Review of PB016 Vedolizumab Biosimilar Candidate31.7.2026 08:30:00 CEST | Press release
Polpharma Biologics International AG today announces that the U.S. Food and Drug Administration (FDA) and the European Medicines Agency (EMA) have accepted for review the Biologics License Application (BLA) and Marketing Authorisation Application (MAA), respectively, for PB016, a proposed vedolizumab biosimilar candidate to Takeda’s reference product Entyvio®* (vedolizumab) lyophilized vial for intravenous (IV) administration for the treatment of adults with moderately to severely active ulcerative colitis and Crohn's disease. The BLA and MAA acceptances represent significant milestones in Polpharma Biologics' development program and underscore the company's commitment to advancing high-quality biosimilars and expanding global access to affordable biologic medicines. "FDA and EMA acceptances for review of our IV vedolizumab biosimilar candidate mark a major achievement for Polpharma Biologics and validate our deep scientific expertise in biosimilar development and manufacturing," said
SES: Disclosure of Share Buyback Transactions31.7.2026 07:30:00 CEST | Press release
In the time period from June 2, 2026 until and including June 23, 2026, a number of 213,167 shares were bought back within the framework of the share buyback of SES to meet obligations under SES’s Equity Based Compensation Plan (EBCP). Shares were bought back as follows: Day of purchase Aggregated volume in shares Daily weighted average acquisition price of shares (EUR) Market June 2, 2026 27,097 8.8727 DXE June 2, 2026 72,903 8.8556 ENX June 5, 2026 16,624 8.3723 DXE June 5, 2026 31,510 8.4266 ENX June 15, 2026 26,451 7.8423 XPAR June 17, 2026 26,812 7.3910 XPAR June 23, 2026 11,770 7.2200 XPAR The transactions in a detailed form are published on SES’s website: https://www.ses.com/investors/shareholder-information/share-buy-backs. Follow us on: Twitter | Facebook | YouTube | LinkedIn | Instagram Read our Blogs > Visit the Media Gallery > About SES At SES, we believe that space has the power to make a difference. That’s why we design space solutions that help governments protect, busin
Half-Year Report on SES’s Liquidity Contract31.7.2026 07:30:00 CEST | Press release
Pursuant to the liquidity contract entered into by SES with BNP Paribas as of 7 April 2026, please see the below update on the progress of the liquidity services. When the liquidity services were implemented as of 7 April 2026, the following assets were in the liquidity account: € 2,500,000 As of 30 June 2026, the following assets appeared on the liquidity account: 228,186 shares; € 816,880. Over the period from 7 April 2026 to 30 June 2026, the following transactions were executed: 1,082 buy transactions; 1,308 sales transactions. Over this same period, the volumes traded represented: 1,093,335 shares and € 8,485,986 on the buy side; 873,399 shares and € 6,860,843 on the sell side. Follow us on: LinkedIn | Facebook | YouTube | X | Instagram Read our Blogs > Visit the Media Gallery > About SES At SES, we believe that space has the power to make a difference. That’s why we design space solutions that help governments protect, businesses grow, and people stay connected—no matter where th
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
