Concentric secures nomination for EHS system with leading global OEM

A leading global manufacturer of heavy trucks and buses has recently nominated
Concentric AB to manufacture Electro Hydraulic Steering (“EHS”) units for their
hybrid applications.  Production will start in the fourth quarter of 2016,
reaching mature volumes in 2018, which are expected to generate annual revenues
of approximately MSEK 15 across Europe.
Concentric has developed the EHS unit to replace the normal power steering pump
and provide power steering assistance when needed. On a conventional truck or
bus the hydraulic power assistance for the steering comes from an IC engine
driven pump following the engine speed. This is also the case in many off
highway applications. Typically the pump is dimensioned to give full power
steering function already at idle speed of the IC engine. The pump is constantly
running and consuming power from the engine. In a hybrid application where the
vehicle can operate in pure electric mode, the conventional power steering
system cannot be used since the IC engine is turned off during electric mode.
However, using Concentric’s EHS system, the unit only provides the required
power on demand and can still operate during the electric mode for hybrid
applications.

The primary benefit of the EHS system is reduced energy consumption, achieving
up to 50% in certain applications. It also fits very well into hybrid vehicles
where conventional systems cannot be used. The EHS system is typically placed
close to the steering gear which also means reduced installation costs.

David Woolley, President and CEO of Concentric AB commented: “This first major
nomination for Concentric’s EHS system is a significant breakthrough in a market
that is driven by increased electrification and control. The nomination
demonstrates our ongoing commitment to innovation that enables our customers to
achieve sustainable solutions. “

Concentric's hydraulic product range includes pumps, motors, power packs and
flow dividers specified by leading OEMs for a wide range of applications
including lift trucks, aerial work platforms, agricultural equipment,
transmissions, mining, construction and road-building machinery. Applications
include cooling fans, axle cooling systems, rotary drives for agricultural
equipment, electro-hydraulic lifts, transmission clutch actuation and
lubrication, auxiliary brake and steering systems.
Mia Segerberg, Group Communications, phone: +46 722 269080