MAUMEE,
Ohio, April 30, 2024 /PRNewswire/ -- Dana
Incorporated (NYSE: DAN) earned a 2024 Automotive News PACE
Award for its electro-mechanical, infinitely variable transmission
(EMIVT) system at the annual awards ceremony held on April 29, 2024.
With this win, Dana has earned nine PACE Awards throughout the
program's history, including two PACE Innovation Partnership
Awards, and has been named a finalist 25 times.
Dana's electro-mechanical, infinitely variable transmission is a
multi-mode driveline system that includes an in-house produced
power-split transmission with integrated high-voltage motors, smart
lubrication and actuation, a low-voltage motor and inverter to
power the pump, and a driveline controller with proprietary
software.
The technology highly differs from traditional transmissions in
that it can operate in, and automatically shift from, engine-only,
hybrid, and battery-only modes. It reduces CO2 emissions while
improving the performance, functionality, and cost of ownership of
vocational trucks and emergency vehicles.
"This Dana-designed and first-of-its-kind solution illustrates
our in-house product capabilities and unique ability to collaborate
with our customers to meet their specific needs regardless of the
powertrain configuration," said Christophe Dominiak, senior
vice president and chief technology officer for Dana.
"Because this transmission enables vehicles to operate in
internal combustion, hybrid-electric, or battery-electric mode,
users can switch between the different settings to amplify
efficiency and performance," he added. "It creates numerous
benefits and opportunities for customers such as zero-emissions to
support sustainability goals, reduced fuel consumption, as well as
lower production costs."
The Dana EMITV is initially being utilized in
commercial-vehicle market applications such as firetrucks, aircraft
rescue and firefighting (ARFF) vehicles, and other vocational
vehicles. The product technology and software are also synergistic
with Dana's integrated powertrains that support the off-highway and
light-vehicle markets.
The 29th annual PACE Awards, presented by Automotive
News, recognize automotive suppliers for superior innovation,
technological advancement, and business performance. The
competition was open to suppliers that contribute products,
processes, materials, or services directly to the manufacture of
cars or trucks. The Automotive News PACE Award is accepted
around the world as the industry benchmark for innovation. Dana
earned this coveted award following an extensive review by an
independent panel of judges, including a comprehensive written
application and a virtual site visit.
"For 29 years, the PACE program has celebrated cutting-edge
innovations that have shaped the automotive industry on a global
level," said Jamie Butters,
executive editor of Automotive News. "The companies on this
year's list have pioneered significant technologies that will
continue to propel the industry forward."
For complete details of the Automotive News PACE Award,
visit www.autonews.com/pace.
About Dana Incorporated
Dana is a leader in the design
and manufacture of highly efficient propulsion and
energy-management solutions that power vehicles and machines in all
mobility markets across the globe. The company is shaping
sustainable progress through its conventional and clean-energy
solutions that support nearly every vehicle manufacturer with drive
and motion systems; electrodynamic technologies, including software
and controls; and thermal, sealing, and digital solutions.
Based in Maumee, Ohio, USA, the
company reported sales of $10.6
billion in 2023 with 42,000 people in 31 countries across
six continents. With a history dating to 1904, Dana was named among
the "World's Most Ethical Companies" for 2023 and 2024 by
Ethisphere and as one of "America's Most Responsible Companies
2023" by Newsweek. The company is driven by a
high-performance culture that focuses on valuing others, inspiring
innovation, growing responsibly, and winning together, earning it
global recognition as a top employer. Learn more at dana.com.
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SOURCE Dana Incorporated