DG Innovate plc (LON:DGI), the advanced research and development company pioneering sustainable and environmentally considerate improvements to electric mobility and energy storage, has announced that the Company has signed a Joint Development Agreement with a tier one commercial vehicle components company, to jointly develop systems for heavy goods vehicles applications utilising DG Innovate’s Pareta® drive technology.
The Pareta® system provides a simpler, lighter and more cost-effective solution, applicable over a range of applications for both new generation electric and hybrid heavy goods vehicles, as well as those continuing to be powered by internal combustion engines. By applying DG Innovate’s technology utilised in the Company’s Pareta® drives the parties believe leading performance systems can be developed. Designed to provide redundancy within the system, to be robust, fit in the existing available spaces, and respond rapidly with appropriate force. Inbuilt processing power / intelligence further provides additional functionality making each application a powerful intelligent sub system in its own right.
