PR91118

ATLANTA, Aug. 12, 2021 /PRNewswire=KYODO JBN/ --

Essex Furukawa has been awarded a contract to be the sole supplier of magnet

wire for a premium brand of the world's largest automaker, as part of a project

that includes 33,000 tons of High Voltage Winding Wire (HVWW(R)), specifically

designed for 800V–applications.

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The investment will be fulfilled exclusively at the Arolsen (Germany) plant and

is an important signal that there is a rapidly approaching, sustainable future

in the Automotive segment. The contract will also lead to an expansion for the

plant and new machines to aid in production.

"As we look towards the next generation of automobiles it has become

increasingly clear that innovations within the EV market will be on the

frontline of growth," Klaus Borstner, President of Essex Furukawa Magnet Wire

Europe, said. "We believe that HVWW(R) will walk hand in hand with that

evolution as automakers create ways for their EV lines to match the performance

capability of internal combustion engines."

When it was initially released, HVWW(R) earned first place in the 2017 Magna

Innovation Award after it had been proven to enable more durable, efficient and

to create the downsizing of electric traction motors allowing them to run at

higher voltages and currents. It is unique in the European automotive market,

paving the way for further electric vehicle innovation by meeting tight market

tolerances with no room for imperfections.

HVWW(R) is coated with extruded engineering plastic for the improved

performance of EV and other products, also allowing for high voltages of over

1000V and partial discharge free wire (PDIV).

Borstner adds that there are some simple truths that will lead to more

companies investing in the product.

"The reason why HVWW(R) will become the industry standard is that high voltage

creates high heat. In the electric vehicle industry, heat resistance,

flexibility and repeated stress are ongoing obstacles to magnet wire

performance. Our engineers accepted the challenge to perfect every design

element for an exceptional product," he said. "We anticipate that this will be

the first of many manufacturer investments."

HVWW(R) is highlighted by three key attributes:

   -- Highly Customizable: It is designed to meet specific customer requirements

      and can be created in a variety of thickness, as well as height and width,

      to allow for implementation within new and existing motor technology.

   -- Flexibility: HVWW(R) has a highly flexible design that improves the

      installation process. This also enables new design innovation otherwise

      not possible with more rigid materials.

   -- Temperature: The extruded outer layer provides excellent heat resistance

      and reliability. The unique design can run at a constant temperature of

      240°C without any reduced performance.

The automaker plans to expand its full-electric lineup to 20 models globally by

2025, and it has announced projections that includes 7 million EVs sold on its

new platform by 2030.

There is the potential for this project to extend up to the parent group and

its expanding line of EV products.

Essex Furukawa is the only magnet wire provider able to completely source,

develop, and deliver products to our customers, worldwide. We work with our

customers to develop high efficiency, custom solutions with industry exceeding

thermal tolerances.

With a focus on strategic acquisitions centering on enamel and wire

development, distribution, and a concentration on the automotive sector

expansion, Essex Furukawa has positioned itself as the leader in magnet wire

product innovation and manufacturing.

About Essex Furukawa

Essex Furukawa Magnet Wire LLC is the leading, global provider of magnet wire

that is used by most major OEMs, Tier 1 suppliers, and industry leaders in the

automotive, energy, industrial, and commercial & residential sectors. The

Atlanta-based company is a global joint venture formed in 2020 between Essex

Magnet Wire and Furukawa Electric Co., Ltd., both leaders in magnet wire

product development, and custom solutions. The combined entity, relying on the

strengths of both Essex Magnet Wire and Furukawa Electric, draws on more than

two centuries of combined experience and knowledge to push forward innovation

while also remaining focused on delivering manufacturing excellence and

outstanding customer service. www.essexfurukawa.com

SOURCE: Essex Furukawa Magnet Wire LLC