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Rheinmetall wins quarter-billion euro order for e-vehicle parts
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(Reuters) – Germany’s Rheinmetall has won an order worth more than a quarter billion euros in the electromobility segment, the industrial group said in a statement on Monday.
(Reuters) – Germany’s Rheinmetall has won an order worth more than a quarter billion euros in the electromobility segment, the industrial group said in a statement on Monday.
Rheinmetall said it would be providing the new 900-volt generation of electrically powered vehicles with a new type of contactor to a premium German automaker.
Contactors are electrically controlled switches that make it safe to turn electric vehicles on and off, said Rheinmetall.
Starting in 2025, Rheinmetall will supply tens of millions of these contactors for the automaker’s new vehicle platform, the company said.
(Reporting by Anastasiia Kozlova, Editing by Miranda Murray)
A contactor is an electrically controlled switch used in electric vehicles to safely turn them on and off. It plays a crucial role in managing the electrical systems of the vehicle.
Electromobility refers to the use of electric vehicles and the associated infrastructure, focusing on sustainable and efficient transportation solutions powered by electricity.
A premium automaker is a manufacturer that produces high-end vehicles, often characterized by luxury features, advanced technology, and superior performance compared to standard vehicles.
A vehicle platform is a shared structure used by multiple models of vehicles, allowing manufacturers to streamline production and reduce costs while maintaining design flexibility.
The 900-volt generation in electric vehicles allows for higher efficiency and faster charging times, enhancing the performance and usability of electric vehicles.
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