Concentric AB secures order for new electric oil pump technology with leading global OEM
Concentric AB has recently received an order from a global OEM of heavy trucks and buses to produce electric oil pumps for their hybrid applications. Production will start in the second half of 2018, and is expected to generate total revenues of approximately MSEK 38 across Europe ramping up over an 8 year period, reaching a mature volume of 8,000 p.a. in 2026.This exciting new product reinforces the company’s reputation for reducing fuel consumption, increasing system efficiency, providing high power density and reducing noise. Concentric's electric oil pump offers system power savings