Modine's Battery Thermal Management System To Be Used In New Flyer's Electric Bus - Modine Manufacturing

Modine Manufacturing Co's (NYSE:MOD) EVantage Battery Thermal Management System (BTMS) has been selected by New Flyer of America Inc for use in the battery-electric, zero-emission transit bus.
The BTMS will be deployed in New Flyer's zero-emission Xcelsior CHARGE NG heavy-duty transit bus model.
The Xcelsior CHARGE NG bus incorporates high-energy batteries that extend range up to 13%, advanced protective battery packaging and a new lightweight electric traction drive system with up to 90% energy recovery.
With multi-stage cooling and heating, the BTMS system optimizes the temperature range for an entire bank of batteries with a single unit while minimizing power draw.
New Flyer is a subsidiary of NFI Group Inc (OTC:NFYEF), an independent bus and coach manufacturer and a leader in electric mass mobility solutions.
Price Action: MOD shares closed higher by 1.52% at $19.98 on Monday.

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