Dow Jones received a payment from EQS/DGAP to publish this press release.
DGAP-Media / 2018-06-25 / 10:10
*NORMA Group receives major order for e-car cooling systems in China*
- *Up to 200,000 electric cars to be equipped from 2019 *
*- Thermal management systems ensure optimal operating temperature *
*- Solution developed, tested and validated in cooperation with the
customer*
*Maintal, Germany / Qingdao, China, June 25, 2018* - NORMA Group will supply
around 40,000 thermal management systems [1] for electric cars to a leading
Chinese vehicle maker every year from 2019 to 2023. The integrated systems
ensure optimal temperature control of the battery [2] and the drive system.
Up to 200,000 battery electric vehicles (BEV) will be equipped with the
ready-to-install systems supplied as part of this major order.
"Efficient thermal management is decisive to battery range and engine
efficiency in vehicles with electric drives," says Bernd Kleinhens, Chairman
of the Management Board of NORMA Group. "In close cooperation with the
customer, we have developed a tailor-made solution that exactly meets their
requirements."
At NORMA Group, innovation is seen as the foundation for future business
success. "Our company is already well positioned for alternative powertrains
in individual mobility. We will continue to expand our leadership in joining
technology in order to ensure this for the future," adds Bernd Kleinhens.
The thermal management systems consist of thermoplastic hoses [3] and more
than two dozen connectors [4] as well as other products from NORMA Group.
Because thermoplastics are mainly used, the systems are around 65 percent
lighter than systems with rubber hoses. Thanks to the modular design, the
systems can be installed quickly. The 13-meter-long systems serve several
cooling circuits. The systems are produced at the NORMA Group plant in
Qingdao, China.
NORMA Group operates four production facilities, two test laboratories and
two sales offices in China. NORMA Group's local presence enables the company
to support its customers as a partner with development processes as well as
testing and validation.
Additional information on the company is available on www.normagroup.com
[5]. Press photos are available from our platform on
www.normagroup.com/images [6].
*Contact*
NORMA Group SE
Susanne Kindor Marrier d'Unienville
Group Communications
Email: susanne.kindor@normagroup.com
Tel.: +49 (0)6181 - 6102 7607
About NORMA Group [7]
NORMA Group is an international market and technology leader in engineered
joining technology [8] (joining, connecting and fluid handling technology).
The company manufactures a wide range [9] of innovative connecting solutions
and water management [10] technology offering more than 40,000 products to
customers in 100 countries [11] with around 8,100 employees. NORMA Group
helps its customers and business partners react to global challenges such as
climate change and increasing scarcity of resources. NORMA Group joining
products can be found in vehicles and trains, ships and aircraft, buildings
and water management as well as in applications for the pharmaceutical and
biotechnology industry. The company generated sales of around EUR 1.02
billion in 2017. NORMA Group operates a global network of 27 production
facilities as well as numerous sales and distribution sites across Europe,
the Americas, and Asia-Pacific. NORMA Group has its headquarters in Maintal,
Germany. NORMA Group SE is listed on the German stock exchange (Prime
Standard) and included in the MDAX index.
End of Media Release
Issuer: NORMA Group SE
Key word(s): Industry
2018-06-25 Dissemination of a Press Release, transmitted by DGAP - a service
of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
Language: English
Company: NORMA Group SE
Edisonstr. 4
63477 Maintal
Germany
Phone: +49 6181 6102 741
Fax: +49 6181 6102 7641
E-mail: ir@normagroup.com
Internet: www.normagroup.com
ISIN: DE000A1H8BV3
WKN: A1H8BV
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich,
Stuttgart, Tradegate Exchange
End of News DGAP Media
698245 2018-06-25
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3: https://www.normagroup.com/norma.nsf/res/NORMAFLEX en.pdf/$file/NORMAFLEX en.pdf
4: https://www.normagroup.com/norma.nsf/res/QUICK_PS3.pdf/$file/QUICK_PS3.pdf
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(END) Dow Jones Newswires
June 25, 2018 04:10 ET (08:10 GMT)
