D&V Electronics Announces Opening of New Technical Center
March 30 2021 - 8:00AM
Business Wire
-- Detroit Site to Accelerate Testing
Solutions for Electric Vehicle Manufacturers --
Motorcar Parts of America, Inc. (Nasdaq: MPAA) today
announced its wholly owned subsidiary D&V Electronics has
expanded its presence in North America with the opening of a
state-of-the art technical center in the Detroit area -- providing
automobile manufacturers with a convenient location for electric
powertrain testing solutions to measure performance, reliability
and manufacturing quality, as well as on-site engineering
support.
“The electric vehicle (EV) market is rapidly gaining momentum
and there is increasing demand for sophisticated testing equipment
and solutions. The launch of our technical center supports our
customer-centric commitment and the company’s strategic vision to
offer parts and solutions that move our world today and tomorrow,”
said Selwyn Joffe, chairman, president and chief executive
officer.
The Detroit Technical Center will offer a full complement of
innovative emulator solutions and engineering support. The
technical center will also host on-site and remote training and
demonstration sessions, ensuring complete adoption and
understanding of the D & V Electronic test solutions portfolio
that will maximize customer engineering efficiency. Additionally,
USA engineering, sales, and service will be located at the Detroit
location.
“We look forward to growing our customer relationships and
collaborating closely with design and manufacturing engineers in
the EV market segment. D&V has a long history of offering
innovative and value-rich products and services, and now we will be
able to showcase these products and capabilities in the Detroit
area,” said Bill Hardy, chief executive officer of D & V
Electronics.
ABOUT D&V ELECTRONICS
Founded in 1997 and acquired by Motorcar Parts of America in
2017, the electrical vehicle testing subsidiary, with customers in
more than 90 countries, designs and manufactures testing solutions
for performance, endurance, and production of multiple components
in the electric power train – providing simulation, emulation, and
production applications for the electrification of both automotive
and aerospace industries, including electric vehicle charging
systems. Additional information is available at
www.dvelectronics.com.
ABOUT MOTORCAR PARTS OF AMERICA
Motorcar Parts of America, Inc. is a remanufacturer,
manufacturer, and distributor of automotive aftermarket parts --
including alternators, starters, wheel bearings and hub assemblies,
brake calipers, brake master cylinders, brake power boosters,
turbochargers, and diagnostic testing equipment utilized in
imported and domestic passenger vehicles, light trucks, and
heavy-duty applications. Its products are sold to automotive retail
outlets and the professional repair market throughout the United
States, Canada, and Mexico, with facilities located in California,
New York, Mexico, Malaysia, China and India, and administrative
offices located in California, Tennessee, Mexico, Singapore,
Malaysia, and Canada. Additional information is available at
www.motorcarparts.com.
The Private Securities Litigation Reform Act of 1995 provides a
“safe harbor” for certain forward-looking statements. The
statements contained in this press release that are not historical
facts are forward-looking statements based on the company’s current
expectations and beliefs concerning future developments and their
potential effects on the company. These forward-looking statements
involve significant risks and uncertainties (some of which are
beyond the control of the company) and are subject to change based
upon various factors. Reference is also made to the Risk Factors
set forth in the company’s Form 10-K Annual Report filed with the
Securities and Exchange Commission (SEC) in June 2020 and in its
Forms 10-Q filed with the SEC for additional risks and
uncertainties facing the company. The company undertakes no
obligation to publicly update or revise any forward-looking
statements, whether as the result of new information, future events
or otherwise.
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version on businesswire.com: https://www.businesswire.com/news/home/20210330005162/en/
Gary S. Maier (310) 972-5124
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