Modine® applauded for improving
commercial and specialty electric vehicle performance with the
EVantage™ thermal management system product line.
RACINE, Wis.,
Jan. 22,
2024 /PRNewswire/ -- After a thorough analysis of the
electric vehicle (EV) thermal management systems industry, Modine
(NYSE: MOD), a diversified global leader in thermal management
technology and solutions, was awarded the 2023 North American New
Product Innovation Award by Frost & Sullivan, a global business
consulting firm. Frost & Sullivan concluded that Modine exceeds
the pre-set criteria of the New Product Innovation Award and
addresses key industry challenges in the EV thermal management
systems industry.
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 also met the customer impact criteria for this award.
Frost & Sullivan assesses the nominee's ability to provide an
excellent customer experience. As a part of the customer impact
analysis, Frost & Sullivan evaluated Modine's strategic
partnerships with industry drivers such as The Shyft Group and New
Flyer of America Inc, and the outcome of those partnerships
embodied a superior customer engagement approach.
"Modine has been dedicated to solving the toughest thermal
challenges, and as the demand for commercial and specialty electric
vehicles has grown, Modine leveraged its 100 plus years of
experience in thermal management to develop purpose-built solutions
for our customers," said Gina Maria
Bonini, Vice President and General Manager of Advanced
Thermal Systems at Modine. "This award acknowledges our daily
commitment to solve our customers' thermal challenges during their
transition towards zero-emission mobility."
Every year, Frost & Sullivan evaluates markets and
identifies companies for demonstrating outstanding achievement and
superior performance in leadership, technological innovation,
customer service, and strategic product development. Modine was
identified for its continuous investment in research and
development, product innovation, and aligning customer needs with
product design.
For additional information about Modine's EVantage Thermal
Systems, please visit www.modineev.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
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
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SOURCE Modine