LONDON, Jan. 16, 2018 /PRNewswire/ -- Delphi Technologies
PLC (NYSE: DLPH), a global leader in vehicle propulsion, today
announced an investment in PolyCharge America, Inc.
(www.polycharge.com), a start-up established to commercialize a new
capacitor technology. This technology helps to make high-power
inverters smaller, lighter and more tolerant to high
temperatures.
The minority equity investment, for an undisclosed sum, builds
on an existing long-standing technology partnership between Delphi
Technologies and Sigma Technologies (www.sigmalabs.com), the parent
company of PolyCharge.
Inverters are a key system element in vehicle
electrification, controlling the electric propulsion motor.
Package space is at a premium in today's vehicles and original
equipment manufacturers (OEMs) face challenges with space, weight
and cost in tight engine compartments. The new technology from
PolyCharge addresses these concerns.
Liam Butterworth, Delphi
Technologies Chief Executive Officer, explained: "This investment
demonstrates our commitment to electro-mobility and bringing new,
highly innovative technologies to solve OEM customers' biggest
challenges. PolyCharge's technology delivers on both of these
objectives. Our strategy is to forge strategic collaborations and
investments where they support our growth ambitions and help our
global customers deliver more attractive cost-effective solutions
for consumers."
Today's inverters use a DC-link capacitor, which is based on
wound polypropylene technology. PolyCharge's solid-state
NanoLam™ capacitor technology is a superior alternative that
utilizes thin polymer dielectrics to produce self-healing
high-voltage capacitors that are half the size and weight of the
current technology, with significantly higher temperature
resistance.
"When it comes to the development of advanced propulsion
technologies Delphi Technologies is a true leader," said Dr. Angelo
Yializis, Chief Executive Officer of PolyCharge. "With this
investment, and a strong partner in Delphi Technologies, PolyCharge
is well-positioned to lead in the development of next-generation
capacitor products for vehicle electrification and other
applications where reductions in weight and volume, as well as
performance in harsh operating environments, are required."
Delphi Technologies, a $4.5
billion leader in vehicle propulsion and aftermarket
solutions, was created as a spin-off from Delphi Automotive in
December 2017 to drive progress on
greener solutions for passenger and commercial vehicles.
PolyCharge was formed by Sigma Technologies in September 2017 to develop and commercialize its
NanoLam™ technology for electric drive vehicles, renewable energy
inverters, medical, aerospace, and industrial mobility
applications. The company's headquarters, engineering, and product
development center are located in Tucson,
Arizona. PolyCharge also has representative offices in
Taipei and China.
About Delphi Technologies
Delphi Technologies is a
technology company whose people focus on solving emissions and fuel
economy challenges for the world's leading automotive original
equipment manufacturers and provides leading aftermarket service
solutions. Headquartered in London,
U.K., Delphi Technologies operates technical centers,
manufacturing sites and customer support services in 24 countries.
Visit delphi.com.
Forward-Looking Statements
This press release contains
forward-looking statements that reflect, when made, the Company's
current views with respect to future events, plans and prospects.
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business environment, which may cause the actual results of the
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statements by forward-looking words such as "may," "will,"
"predict" or "continue," or the negative or other variations
thereof and other comparable terminology. Factors that could cause
actual results to differ materially from these forward-looking
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"Management's Discussion and Analysis of Financial Condition and
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time, and it is impossible for us to predict these events or how
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SOURCE Delphi Technologies