HPW Metallwerk enables innovation boost for e-mobility with new generation of high-performance wires

EQS-Media / 05.07.2023 / 09:45 CET/CEST

HPW Metallwerk enables innovation boost for e-mobility with new generation of high-performance wires

• New "rigid busbars" made of aluminium from HPW are 50 % lighter than copper busbars and space-saving with high power distribution efficiency
• First global TIER1 suppliers already won as customers
• Significant sales potential for the coming years

Linz, 5th July 2023 - HPW Metallwerk GmbH (HPW), a manufacturer of high-performance copper wires for the ever-growing e-mobility, renewable energy systems and industry, is starting to launch a new, patent-protected generation of high-performance wires for e-mobility. For the first time, the HPW "Rigid Busbars" succeed in replacing conventional copper as the primary conductor material with aluminium. The new dimensionally stable flat conductors from HPW are characterised accordingly by superior product properties. In next-generation electric vehicles - passenger cars and heavy-duty traffic - they score with up to 50 % less weight compared to conventional copper wires. The tight bending radii achievable with the new Busbar product enable optimised installation in the tightest spaces in vehicles when connecting the battery modules to each other and to the electric motors. These advantages in terms of weight and space requirements, combined with high efficiency, are important features to support car manufacturers in the technological further development of their e-mobility fleets.

Due to the advantageous product properties compared to flexible power cables, HPW has already won well-known TIER1 suppliers as the first customers for the "Rigid Busbars". Overall, HPW expects a dynamically developing market demand in the coming years and is therefore planning significant production expansions. In the medium term, the product should account for a high single-digit percentage of total sales. HPW is thus pushing ahead with its further strong growth in the e-mobility sector, which currently already accounts for almost half of the group's total turnover and is expected to increase more than fivefold in the medium term.

Dr. Ewald Koppensteiner, CEO of HPW: "With our new patent-protected flat conductor generation, we can contribute to a further innovation push in e-mobility. The new rigid busbars meet the exact requirements of the market: saving space and reducing weight. We are thus living up to our role as innovators and achieving another milestone in HPW's growth strategy. Already with the product launch, we see high demand, which is expected to increase significantly in the coming years."

About HPW

HPW, high performance wires, is a technology company that develops and produces key components for the global energy transition. HPW's high performance copper wires are mainly used in e-mobility and in the field of renewable energies. The products are characterized by high efficiency, resilience and durability, thus increasing the efficiency of electric motors, for example. HPW is an established partner for customers worldwide - including major global OEMs as well as TIER 1 suppliers - in over 50 countries. HPW has the capacity to meet the ever-increasing global demand for high-performance wires. Based on patented technology and continuous innovation, HPW is constantly achieving further performance advantages and opening up additional application possibilities for its products. The company is headquartered in Linz, Austria.

http://www.hpwires.com

Press contact

edicto GmbH

Axel Mühlhaus / Ralf Droz

Phone: +49 (0)69-905505-54

E-mail: HPW@edicto.de

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Language:

English

Company:

hpw Metallwerk GmbH

Auwiesenstraße 2

4030 Linz

Austria

Internet:

https://www.hpwires.com/

EQS News ID:

1673147

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