Renault Group’s new powertrain tech firm Horse has started making its Power Electronics Box (PEB) in Aviero, Portugal.
Created last July, Horse focuses on the development, production and supply of next-gen low emission hybrid and thermal powertrains.
The PEB is a major component in the value chain for hybrid vehicle powertrains, responsible for managing the two electric motors in all of Horse’s hybrid (HEV) and plug-in hybrid (PHEV) systems.
Patrice Haettel, Chief Executive Officer of Horse, said: “The Aveiro production line enhances our flexibility and productivity while serving as a beacon of Industry 4.0, reaffirming our position as a leading provider of low-carbon combustion and hybrid powertrain systems.”
The Aveiro facility has a workforce of 1,300 people and it is expected that 60,000 units of the PEB will be produced on its new assembly line this year.
In 2025, production is expected to increase to 230,000 units.
Raynald Joly, Plant Director at Horse Aveiro, said: With over forty years as a world-leading automotive manufacturing site, this new production along with our ongoing transformation plan will confirm the status of HORSE Aveiro as a new innovative technology business unit for and beyond automotive industry.”
Horse has eight production plants across seven countries, three R&D centres and a head office based in Madrid, Spain.
It produces 3.2 million units per year for global customers.