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Modine® Expands EVantage™ Portfolio with Advanced Cabin Climate System

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Modine (NYSE: MOD) has expanded its EVantage™ portfolio with the Cabin Climate System (CCS), a thermal management solution tailored for commercial, off-highway, and specialty electric vehicles (EVs). The CCS offers 12kW of cooling and 10kW of heating capacity, ensuring optimal passenger comfort. Its lightweight, modular design facilitates easy integration into EV chassis, reducing design complexity. The system includes a high-voltage electric compressor, coolant heater, and pump, along with Modine's proprietary heat exchangers. This expansion emphasizes Modine's commitment to innovation and streamlining HVAC integration in EVs, ensuring long-term value for customers.

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Positive

  • Expansion of EVantage™ portfolio with the Cabin Climate System, enhancing product offerings.
  • 12kW cooling and 10kW heating capacity, offering superior passenger comfort.
  • Lightweight, modular design simplifies integration into various EV chassis.
  • High-performance components, including a high-voltage electric compressor and proprietary heat exchangers.
  • Ensures long-term value and reliability for EV customers.

Negative

  • No specific customer or revenue data provided to indicate immediate financial impact.
  • Potential high development and implementation costs for the new system.

News Market Reaction 1 Alert

+2.62% News Effect

On the day this news was published, MOD gained 2.62%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Plug-and-play integration and high-performance components simplify adding HVAC for passenger comfort to commercial EVs

RACINE, Wis., July 2, 2024 /PRNewswire/ -- Modine (NYSE: MOD), a diversified global leader in thermal management technology, today announced the expansion of its EVantage portfolio with the launch of the Cabin Climate System (CCS), a comprehensive thermal management solution specifically designed for commercial, off-highway, and specialty electric vehicles (EVs). Engineered for optimal passenger comfort, the CCS delivers precise temperature control for EV cabins, offering immediate heating and cooling capabilities.

With 12kW of cooling capacity and 10kW of heating capacity, the EVantage CCS delivers optimal interior temperatures and performance in any operating environment. Its simple, lightweight, and modular design makes the CCS an ideal solution for a wide range of vehicle applications, including commercial, off-highway, and specialty EVs. Designed to seamlessly integrate into the vehicle's chassis to reduce design complexity, the system's high-performance capabilities are driven by smart electric components, such as an ingress-protected high-voltage electric compressor, a high-voltage coolant heater, and coolant pump, and Modine's proprietary heat exchangers.

"Cabin heating and cooling are crucial for EV passenger and operator comfort, which is why our Cabin Climate System is designed for performance, reliability, and long-term value," explained Sarah Williams, Product Manager at Modine. "Recognizing the challenges often faced by technology upgrades, we developed the CCS to simplify integration with EV HVAC systems. This innovative solution ensures that passenger comfort remains uncompromised while optimizing vehicle operation and drastically reducing switching costs."

Designed to ensure easy serviceability for Modine customers, the components of the CCS are fully compatible and proven with the Modine EVantage Thermal Management Systems, facilitating both streamlined parts sourcing and the serviceability Modine customers have come to value. As a passenger thermal management system for commercial EVs, the high-voltage electric compressor, high-voltage coolant heater and coolant pump, and high-reliability ingress protection, as well as Modine-proprietary heat exchangers, represent a comprehensive technology stack. The CCS has an integrated master thermal controller and Modine-developed firmware to provide both heating and cooling with significantly reduced design complexity.

"Modine has been at the forefront of vehicle thermal management system innovation, and this expansion beyond traditional under-the-hood systems into the vehicle cabin is a natural evolution for us," said Gina Maria Bonini, Vice President and General Manager of Advanced Thermal Systems at Modine. "With this strategic expansion, we are showing the commitment to innovation and efficiency Modine has made to its customers. Comprehensive thermal management naturally also includes cabin comfort, and we are delighted at the response we've received from our EV customers to this new solution."

To learn more about the Modine EVantage portfolio, including the Cabin Climate System, please visit the Modine website here.

About Modine
At Modine, we are Engineering A Cleaner, Healthier World™. Building on more than 100 years of excellence in thermal management, we provide trusted systems and solutions that improve air quality and conserve natural resources. More than 11,000 employees are at work in every corner of the globe, delivering the solutions our customers need, where they need them. Our Climate Solutions and Performance Technologies segments support our purpose by improving air quality, reducing energy and water consumption, lowering harmful emissions and enabling cleaner running vehicles and environmentally friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe and Asia. For more information visit www.modine.com.

CONTACT INFORMATION:
Technica Communications
Cait Caviness
modine@technica.inc

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SOURCE Modine

FAQ

What is Modine's new Cabin Climate System?

The Cabin Climate System (CCS) is a thermal management solution designed for commercial, off-highway, and specialty electric vehicles (EVs), offering 12kW of cooling and 10kW of heating capacity.

How does the Cabin Climate System benefit electric vehicle passengers?

The CCS provides precise temperature control and immediate heating and cooling capabilities, enhancing passenger comfort in EVs.

When was the Cabin Climate System announced?

The Cabin Climate System was announced on July 2, 2024.

What are the key features of Modine's Cabin Climate System?

Key features include 12kW cooling, 10kW heating, high-voltage electric compressor, coolant heater, pump, and Modine's proprietary heat exchangers.

How does the Cabin Climate System integrate with EVs?

The CCS features a lightweight, modular design for easy integration into the vehicle's chassis, reducing design complexity and ensuring compatibility with Modine EVantage Thermal Management Systems.

What is the stock symbol for Modine?

The stock symbol for Modine is MOD.
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