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Siemens’ Innomotics: Who will purchase this motor giant?

In November of last year, Siemens announced that it is actively seeking a buyer for its Innomotics business. In this article, Vanessa Lopez explores the likely contenders to buy this motor giant.Read more

BorgWarner secures contract extending high voltage coolant heater business

BorgWarner has extended its contract to supply 400V high voltage coolant heaters (HVCH) to a major global OEM. The technology will be used on the automaker’s battery-electric light-vehicle platforms.Read more

Low voltage AC drive shipments exceed 20 m in 2023

According to the market intelligence specialist, the pace of low voltage (LV) AC drive market growth slowed last year and is expected to continue to do so in 2024, with steady growth returning to the global drives market in 2025.Read more

Siemens to invest Rs 416 crore for expanding manufacturing capacity in India

The company will expand manufacturing capacity of power transformers and vacuum interrupters for medium voltage switchgear. Siemens Ltd has also registered 21% increase in revenue and 53% increase in PAT in FY 2023 (October 2022 to September 2023).Read more

Valeo to supply electric powertrain for Mahindra & Mahindra’s EV program

The total order is close to 1 billion dollars and was already included in the total amount of orders for high voltage powertrain announced in Valeo’s Q3 results.Read more

Ultra-low voltage motors market worth $6.5 bn by 2027

New research by market intelligence firm Interact Analysis shows mobile robotics is driving demand for ultra-low voltage motors and will account for 15.6% of shipments by 2027. Maxon, Ametek and Minebea Mitsumi are top three players.Read more

BorgWarner secures eHeater business uplift with European OEM

The 800V 3kW high voltage coolant heater optimises battery thermal management to increase battery performance and extend electric vehicle range.Read more

L&T Construction wins SCADA/DMS, related IT infrastructure orders

The orders are registered under Power Transmission & Distribution Business of the conglomerate. Orders include 400kV Double Circuit Transmission Line in Jharkhand.Read more

Kanpur Metro deploys ABB India’s electrification solutions for power control

ABB’s electrification solutions for metro have been deployed across 3 cities in Uttar Pradesh (Lucknow, Kanpur, Noida). The power distribution aids smooth operations of the Kanpur Metro, providing pollution free and safe commute to citizens and ease traffic congestion.Read more

Ultra-low voltage drives market to grow to $3.1 billion by 2027

Interact Analysis report shows a global ultra-LV drives market worth $753 million in 2021. AMR/AGV sector driving revenue growth for ultra-LV drives, accounting for 11 per cent of total market revenues in 2022, stated the report. Three companies currently dominate the market, but is likely to change. Read more

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