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February 18, 2019

Yasa signs innovation deal with automotive OEM

Yasa has signed a long-term joint innovation agreement with an unnamed global automotive OEM.

By Rhodri Morgan

Yasa has signed a long-term joint innovation agreement with an unnamed global automotive OEM.

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The partnership will focus on developing custom electric motor and controller solutions for the OEM’s hybrid and pure electric vehicles.

YASA’s axial-flux electric motor and controller designs offer power and torque densities and are suited to both hybrid and pure electric vehicle applications. With the agreement, Yasa and the OEM will work together to leverage Yasa’s technology to improve vehicle performance while reducing vehicle weight.

The news follows Yasa’s announcement last year of a new 100,000 unit capacity series production facility in Oxford, UK. In addition to automotive, Yasa is also addressing the electric aerospace market.

Last month, the company said it was partnering with Rolls-Royce to provide electric motors to power an electric aircraft, scheduled for launch in 2020.

“This agreement brings together one of the world’s best-known automotive manufacturers with Yasa,” said Yasa CEO, Chris Harris.

“Our companies both share the same passion for innovation and the same commitment to excellence. Through this long-term collaboration, we are developing custom electric motor and controller solutions that will power driving experiences.”

Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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