Feintool Strengthens Position in China's E-Mobility Market
Feintool Gains Significant E-Motor Cores Order
Feintool has secured an impressive order for e-motor cores in China, valued at an estimated lifetime of CHF 30 million. These next-generation, e-laminated components are set to be incorporated into commercial vehicles manufactured by a prominent Chinese automotive supplier. The high-performance stators and rotors are specifically designed to drive pickup trucks, vans, and light-duty trucks. As electrification trends sweep China's passenger car fleet, the commercial vehicle sector is also starting to embrace this transformation, primarily driven by the demands of the logistics industry. This recent order confirms Feintool's strong strategic positioning to meet the needs of this emerging market, with initial production slated for the latter part of 2025.
Integration into a Cutting-Edge E-Drive Platform
The electric motor cores that Feintool has ordered will be seamlessly integrated into the customer’s innovative e-drive platform. Feintool's win can be attributed to its commitment to producing high-quality components at competitive prices in a landscape filled with various competitors. With decades of experience in e-lamination stamping and mastery of stacking technologies, the company effectively earned the trust of their customer.
Leadership Confidence in Technology Transfer
“This order is a testament to the effectiveness of Feintool’s technology transfer to China and the successful localization of our manufacturing processes,” stated Torsten Greiner, Feintool's CEO. This confidence boosts Feintool’s reputation as a reliable partner in the rapidly developing e-mobility landscape.
Positioned for Growth in China's E-Drive Market
As the electrification of passenger vehicles rises, the majority of commercial vehicles continue to rely on fossil fuels, representing 12% of the total vehicle population while accounting for over 55% of carbon emissions. Thus, the shift towards renewable energy adoption in commercial vehicles is crucial for significantly lowering CO2 emissions, improving environmental sustainability.
Demand Surges for Electric Systems
Xiangjun Bao, Managing Director of Feintool China, commented, “The evolving maturity of electric commercial vehicles, along with reduced production costs, is driving an increased demand for these systems. This trend encompasses battery electric powertrains, including hybrid and hydrogen-driven systems.” This insight highlights the pivotal transition in the commercial sector as sustainability increasingly influences purchasing decisions.
Other Recent Achievements
In addition to the latest order, Feintool recently secured a major series contract for manufacturing high-precision metallic bipolar plates, designed for a leading Chinese fuel cell manufacturer. These plates will primarily support commercial vehicle power applications. Both the newly ordered electric motor cores and these plates are produced at Feintool's advanced facility in Taicang, located near Shanghai.
Strategic Growth and Future Prospects
This new project reinforces Feintool's strategy of enhancing its technology and production capabilities in Taicang, positioning the company favorably within the evolving Chinese e-mobility sector.
With China being the largest automotive market globally, these newly obtained orders serve as a clear indication of Feintool's robust long-term strategic and technological positioning. Their ability to innovate ensures that the production of high-precision components meets local market needs while maintaining global competitiveness.
About Feintool International Holding AG
Feintool stands as a global leader in the fields of electrolamination stamping, fineblanking, and forming technologies. The company specializes in producing high-quality precision parts in mass quantities from steel, serving industries such as automotive, energy infrastructure, and various high-end manufacturing sectors. Their products are aligned with key megatrends around green energy generation, storage, and utilization.
With a focus on delivering measurable cost efficiency, consistent quality, and improved productivity, Feintool incessantly seeks to innovate their production methods. They develop intelligent solutions, new tools, and advanced manufacturing processes tailored to client requirements. Founded in 1959 and headquartered in Switzerland, Feintool operates 18 production sites with a dedicated workforce of 3,100 employees and 100 vocational trainees situated across Europe, the USA, China, Japan, and India. Feintool holds a public listing, with majority ownership by the Artemis Group.
Contact Information for Feintool
Feintool International Holding AG
Industriering 8
3250 Lyss
Switzerland
Media Contact:
Karin Labhart
Phone: +41 32 387 51 57
Mobile: +41 79 609 22 02
Email: karin.labhart@feintool.com
Website: www.feintool.com
Frequently Asked Questions
What recent order has Feintool received?
Feintool has secured an order for e-motor cores in China with a lifetime value of CHF 30 million, focusing on commercial vehicles.
How will the e-motor cores be utilized?
The e-motor cores will be integrated into a new e-drive platform for pickup trucks, vans, and light trucks produced by a major automotive manufacturer.
What is Feintool's position in the electric vehicle market?
Feintool is strategically positioned to take advantage of the increasing demand for electric drives in China's commercial vehicle market, contributing to sustainability efforts.
How has Feintool displayed innovation?
Feintool's innovative production processes and technology transfer ensure their offerings remain competitive and aligned with market demands.
Where can I find more information about Feintool?
Further details about Feintool and their products can be accessed through their official website at www.feintool.com.
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