MAHLE announced it secured two major orders for thermal management modules and said it is successfully continuing its course of acquisition in the field of e-mobility. One of the contracts is from an established, globally-present vehicle manufacturer, according to MAHLE. It marks the largest single order in the company history of the technology group.
The second order is from an up-and-coming, innovative car manufacturer in the Asian region. The total order volume across both projects is just under €1.5 billion. MAHLE is combining components that were previously installed individually into thermal management modules which control the temperature of the battery, vehicle cabin, powertrain and power electronics. The modules work much more efficiently than their individual components, and can significantly increase the cruising range of an electric car by up to 20 percent as well as its charging speed. The modular design approach from MAHLE enables smaller installation spaces and drastically reduces assembly expenditures.
The company said thermal management modules play a key role in e-mobility, by helping to make vehicles attractive and affordable. As a driver of electrification, thermal management is a strategic business focus for the MAHLE Group.