French global automotive supplier Valeo has entered into a partnership with Dana for global cooperation for 48V hybrid and electric vehicle systems, informed the company in a release.
Fist product under the partnership will be launched in early 2020 and as the company says, a major European carmaker will use that on series production cars.
The two companies will provide all components to electrify light urban vehicles and also to hybridize vehicles weighing up to 2.5 tons. The components include an electric motor and an inverter, that acts as the brain of the EV by enabling it to generate voltage and alternating currents from a power source of a different voltage of frequency, claims the company.
Xavier Dupont, President of Valeo’s Powertrain Systems Business Group, said, "Combining Dana’s e-Gearbox mechanisms with Valeo’s 48V systems, the end-to-end systems developed through the partnership will contribute to the rise of affordable vehicle electrification."
He also said, "The undertaking strengthens Valeo’s leading position in low-voltage electrification, a technology that will feature in one-third of cars manufactured worldwide by 2030."
Speaking about the partnership, Bob Pyle, president of Light Vehicle Driveline Technologies for Dana Incorporated, said, "Our collaboration with Valeo enables us to deliver a complete 48-volt electric vehicle e-Propulsion system that immediately meets the needs of customers."
He further added, "Dana continues to expand its offerings for hybrid and electric vehicles to offer a complete range of turn-key solutions for the rapidly changing mobility market."