Motorcar Parts of America’s D&V Electronics Announces Collaboration Agreement With NI Corporation
April 28 2021 - 8:30AM
Business Wire
Motorcar Parts of America, Inc. (Nasdaq: MPAA) today announced
its wholly owned subsidiary D&V Electronics, based in
Woodbridge, Ontario, has established a collaboration agreement with
Austin, Texas-based NI (Nasdaq: NATI) to market Power
Hardware-in-the-loop (Power-HIL) emulator-based test solutions,
including inverter test applications, to automotive electric
vehicle manufacturers for electrified powertrain development.
Power-HIL testing is critical to the design of electric vehicles
-- enabling developers to achieve highly accurate, repeatable,
cost-effective tests that would be impractical to perform with
traditional hardware testing. This testing also decreases the
design cycle time required of OEMs and Tier1 automotive companies
and allows faster market entry.
“This strategic initiative will leverage D&V’s advanced
power emulation products with NI’s industry-leading control,
automation, and measurement products to provide a differentiated
solution within the global electric vehicle market,” said Selwyn
Joffe, chairman, president and chief executive officer of Motorcar
Parts of America.
NI & D&V Teams will take advantage of the recently
opened D&V Electronics Detroit Technical Center to host OEM,
Tier1 and other prospective customers on-site or via remote
sessions. Additionally, the technical center will be used for joint
system development that will include fully functional emulator test
systems and NI measurement, automation and control hardware and
software.
"We’re thrilled to partner with D&V on this new
collaboration. D&V's leading-edge power emulation technology
and integration service expertise are a perfect complement to NI’s
model-based validation and control capability within our EV HIL
solutions," said Chad Chesney, vice president and general manager
of NI’s Transportation Business. "By connecting our technology
platforms, this partnership will help our customers accelerate the
path towards Vision Zero,” Chesney added.
ABOUT NI
At NI, we bring together the people, ideas and technology so
forward thinkers and creative problem solvers can take on
humanity’s biggest challenges. From design and validation to
manufacturing production, we provide software-connected systems
leveraging data through all aspects of the development lifecycle,
enabling engineers and enterprises to Engineer Ambitiously™ every
day.
National Instruments, NI, ni.com and Engineer Ambitiously are
trademarks of National Instruments Corporation. Other product and
company names listed are trademarks or trade names of their
respective companies.
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/20210428005185/en/
Gary S. Maier (310) 972-5124
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