Modine (NYSE: MOD) shares rocketed Tuesday. The Racine, Wisc.-based 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,” reads this morning’s news release, “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.
MOD shares opened Tuesday jumped $3.24, or 3.2%, to $105.92.
Related Stories
