ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Hitachi Astemo's Inverter Adopted by Geely for the "Leishen Hi-X" Hybrid Powertrain Platform

TOKYO, Dec 17, 2021 - (JCN Newswire) - Hitachi Astemo Co., Ltd. today announced the adoption of its inverter by Geely Automobile Holdings Limited for the hybrid powertrain platform "Leishen Hi-X."

Geely is a major automaker under China's Zhejiang Geely Group Holdings, and is actively promoting electrification in China, where the market for electric vehicles is expanding. As announced by Geely in November, "Leishen Power" is their global powertrain brand, and "Leishen Hi-X" is their main hybrid powertrain platform, which adopted our inverter.

Hitachi Astemo's inverter in the "Leishen Hi-X" is equipped with Hitachi's unique, direct water-cooled, double-sided cooling power module, which achieves a compact size and high output. Twenty models of "Leishen Hi-X" are planned over the next three years. Geely highly evaluated Hitachi Astemo's hybrid powertrain track record across wide variety of vehicle models, which led to the inverter's adoption.

Hitachi Astemo is committed to creating social, environmental, and economic value by providing advanced mobility solutions that contribute to improving safety and comfort, and environmental conservation to create a more sustainable society. By doing so, we contribute to improving Quality of Life and create value for our OEM customers.

About Hitachi Astemo, Ltd.

Headquartered in Tokyo, Japan, Hitachi Astemo is a joint venture between Hitachi, Ltd. and Honda Motor Co., Ltd. Hitachi Astemo is a technology company that develops, manufactures, sells and services automotive and transportation components, as well as industrial machinery and systems. For more information, visit the company's website at https://www.hitachiastemo.com/en/.

Source: Hitachi, Ltd.

Copyright 2021 JCN Newswire . All rights reserved.
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.