These diverse projects are all aimed towards improving fuel savings and reducing CO2 emissions through more efficient fluid control, featuring various new pump technologies for heavy-duty applications in the US truck market, including:
Concentric AB is working with several major OEM's for the US SuperTruck II initiative. This is the second phase of the US Department of Energy (DoE) sponsored project to develop and demonstrate cost-effective advanced technologies that show a substantial increase in fuel efficiency of Class 8 trucks.
These diverse projects are all aimed towards improving fuel savings and reducing CO2 emissions through more efficient fluid control, featuring various new pump technologies for heavy-duty applications in the US truck market, including:
David Woolley, President and CEO of Concentric AB commented: "We are excited to be a part of this challenging initiative as heavy-duty diesel engines move towards `mild hybridisation'. Our contribution and demonstrated experience will aid in providing high performance innovative products that will offer superior efficiency gains for our customers."
Given the scale of the global Class 8 truck market and the increasing challenges arising from legislation on greenhouse gases, the SuperTruck projects represent an excellent opportunity for Concentric to drive future sales growth in the 2024/5 timeframe and beyond.
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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