Concentric AB announced an important new business nomination in the growing Indian market for electric commercial vehicles. The nomination is worth SEK 70 million over a contract period of 5 years, with production starting in 2025. The market leading electric coolant pump has been selected by this OEM for a new battery electric bus platform.

The company is confident that this nomination will be the foundation for a long-term commercial relationship with this strategic customer, who is developing additional battery electric- and fuel cell powered bus platforms. The decision of this strategic customer for its seal-less e-pump was made because of its innovative design and proven durability for the global truck and bus market. As a result, the customer will receive an exceptionally high-performing durable product that meets the needs of their current and future vehicle platforms.