The Unico Quantum Drive Platform reduces installation and operating costs for electric vehicle battery development and validation
Unico will showcase the new platform at the International Battery Seminar in Orlando, Fla. March 20-23 at Booth #109
ORLANDO, Fla., March 20, 2023 (GLOBE NEWSWIRE) -- Unico, a leading provider of innovative EV test solutions, today announced the launch of its new Unico Quantum Drive Platform at the International Battery Seminar. The Unico Quantum Drive platform is designed to help companies develop and validate batteries for electric vehicles and reduce installation costs and ongoing operating expenses. Unico's new Quantum Drive Platform is expected to revolutionize the EV battery testing industry, offering a cost-effective, energy-efficient, and flexible solution for companies developing and validating batteries for electric vehicles. The technology is on display in Booth #109 at the International Battery Seminar today through March 23 in Orlando, Fla. where Unico leadership is available for demonstrations and meetings.
“Developing and testing batteries for electric vehicles requires the validation of cells, modules, and packs across a wide operating range,” said Don Wright, VP of Engineering at Unico. “This testing requires multiple high-power feeds and significant floorspace which leads to high installation and operational costs. The new Quantum Drive Platform from Unico aims to address these challenges by allowing companies to recirculate the energy from different pieces of test equipment which will offer a tremendous cost and floorspace savings for our customers.”
The Unico Quantum Drive Platform, which is manufactured in Wisconsin, allows multiple pack, module, and cell test channels to be utilized in a single system for “back-to-back” battery testing. The discharge energy from one channel can be used as the charge energy for another and can also be equipped with a second life battery energy storage system to “save energy for later.” This combination with proper sequencing can reduce the need for substantial utility connections and enables almost net-zero battery test applications. This new platform sets a new industry standard for multi-channel, high-power AC and DC applications in a single system, offering significant footprint reduction and multipurpose capability. The high performance channels also provide galvanic isolation between all test channels without the need for any low-frequency transformers inside or outside of the drive system. Pilot programs of the Unico Quantum Drive Platform will begin this summer. Deliveries to customers will begin in Q3 2023.
“We are excited to use Unico's new Quantum Drive Platform as a powerful solution for reducing the utility power requirements of our test systems,” said Dustin Harrison, managing director, UTAC. “This technology represents a significant step forward in our efforts to enhance energy efficiency and reduce the carbon footprint of our test facilities. We look forward to continuing our collaboration with Unico and leveraging our combined expertise to drive meaningful change in the industry.”
The Unico Quantum Drive Platform features:
High-performance DC channels for cell, module, and pack channels
Possibility of multiple channels of each type as well as different output voltage levels combined in a single system
Capability for Unico's world-class AC drives to be added to create a flexible, multi-configurable solution for multi-purpose test systems with both AC and DC outputs
An open software interface, allowing companies to use their choice of data acquisition and controls for managing test runs, gathering data, and lab optimization.
For further details on the Unico Quantum Drive Platform, visit https://unicous.com/quantum-drive-platform.
To request a meeting with Unico at the International Battery Seminar, contact unico@skyya.com. To learn more about Unico’s revolutionary technology and decades of experience, visit unicous.com.
About Unico Unico, a leader in automation for over 50 years, is accelerating a digital future with the next generation of drive and control systems for testing electric vehicle propulsion systems, maximizing oil production with artificial intelligence, optimizing metal forming with control applications embedded into the drives, and delivering precision control systems for a wide range of applications in the converting industry. Unico utilizes advanced engineering techniques to provide reliable control solutions with an eye on the next generation of manufacturing and testing. Unico is built on a workforce of professionally qualified engineers and consultants to handle the design, installation, commissioning, service, and support. Unico has been certified to comply with the requirements of ISO 9001:2015 by AMTec Registrar. Find out more at www.unicous.com
Media Contact Malory Van Guilder Skyya PR for Unico unico@skyya.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/24edddd1-ad65-4e3e-9283-072aa1366a0f
Utility regulators in Nevada gave the state’s largest power provider clearance to start work on a $333 million project to build a natural gas plant in the state for the first time in nearly 15 years, signaling yet another consequence of the extreme drought conditions in the southwestern U.S. The two gas-fired turbines to be erected north of Las Vegas by NV Energy are expected to come online by July 2024 amid hotter summers and longer wildfire seasons in a state that aims to have a carbon-free power grid by 2050. Nevada’s Public Utilities Commission approved the plans last week.
Enphase's (ENPH) installers witness the increased adoption of the Enphase Energy System, powered by 1Q8 microinverters, in Virginia.
(Bloomberg) -- Gim Seong-gon, who became an early wind-power tycoon after realizing time was running out for his business of building chimneys for fossil fuel plants, was about to make his next surprising move.Most Read from BloombergBomb Threat Called In to New York Court Where Trump Hearing HeldBiden Stunts Growth in China for Chipmakers Getting US FundsFed Caught Between Inflation and Bank CrisisFirst Republic Rescue May Rely on US Backing to Reach a DealSVB’s Loans to Insiders Tripled to $21
Elon Musk's Boring Company is doubling down on its Vegas bet, with a proposal that would expand its underground transport system to 65 miles of tunnels below the streets of Sin City. The proposed network map, which was recently filed with the city of Las Vegas and not previously reported, depicts dozens of tunnels criss-crossing the city to reach more casinos, retail zones, the University of Nevada Las Vegas campus and, for the first time, even residential areas. The proposed transit system is comprised of 69 stations and 65 miles of tunnels, according to planning documents, plus an unknown number of Tesla vehicles.
Mad Money or a mad call?
The last year has seen a large number of job layoffs in the technology sector. Major companies like Salesforce, ESPN, Microsoft, Google, and Meta Platforms have all announced cuts to staffing -- a move that has been largely attributed to the rapid growth of online tech during the covid-19 lockdown. Amazon is one of the biggest companies announcing waves of job cuts -- in January, the company let go of more than 2,300 employees in the payments, health care, human resources, robotics, and web services departments.
The last few weeks have been rocky, with the collapse of Silicon Valley Bank, and the crypto-heavy Silvergate and Signature banks, dominating the headlines. For a short time, it seemed that the contagion would spread to the global financial giants. Now, however, it appears that we’ve managed to avoid a true banking crisis – and Raymond James’ chief investment officer Larry Adam has pointed out several reasons why. For starters, Adam notes that Credit Suisse, despite its troubles, found a way out
The major indexes fell sharply despite the Fed signaling just one more rate hike. Apple and other titans have masked weak market breadth in recent weeks.
The legendary investor published a chart which quantifies the uninsured clients and unrealized capital losses for major regional banks.
Elon Musk on late Monday offered his opinion on what the Federal Reserve should do with its benchmark interest rate. The Fed's FOMC is meeting for two days this week.
Dividends are payments that some companies make to shareholders to reward them for investing in them. Dividends can provide regular, predictable income to investors who also preserve the chance of profiting from price appreciation. Dividends can qualify for advantageous capital … Continue reading → The post How Do I Avoid Paying Tax on Dividends? appeared first on SmartAsset Blog.
I am a 43-year-old divorced father. I have $315,000 in a traditional individual retirement account (IRA), $90,000 in a Roth IRA, $22,000 in a health savings account (HSA), $8,000 in a 529 college savings account, $30,000 in a traditional 401k, … Continue reading → The post Ask an Advisor: I'm a 43-Year-Old Divorced Dad With $315K in an IRA, $90K in a Roth and Other Accounts. Can I Retire at 57? appeared first on SmartAsset Blog.
Nvidia ‘s latest rally has the stock less than $10 billion away from passing Berkshire Hathaway to become the fifth largest by market capitalization. At that point Nvidia stock had fallen 62% from the start of 2022 through its low on Oct. 14, leaving it with a market cap of just $279.6 billion, as worries about the chip sector and valuation weighed on the shares. Berkshire, on the other hand, dropped 12% through its own low on Oct. 12, when it was valued at $588.5 billion.
The National Highway Traffic Safety Administration has revealed the root cause of the battery fires that halted Ford F-150 Lightning production.
Nvidia’s share price has more than doubled over the past six months as it becomes the preferred supplier to both sides of the AI war raging between Google and Microsoft.
Before this sale, ARK Invest owned 9.9 million shares of the crypto exchange worth $575 million.
UBS on Sunday agreed to buy rival Swiss bank Credit Suisse for 3 billion Swiss francs ($3.23 billion) in stock and agreed to assume up to 5 billion francs ($5.4 billion) in losses, in a shotgun merger engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. Klein, a veteran dealmaker, was merging his eponymous advisory boutique into Credit Suisse's investment banking operations to create CS First Boston as a standalone business which he would have led from New York. UBS has now assigned a legal team to examine how to void the contract Credit Suisse signed with Klein in the cheapest way possible, according to the FT report, which cited people with direct knowledge of the matter.
After January’s stock rally, the story in the markets for the past two months has been volatility. Stocks were on a seesaw even before the recent SVB crash, and the banking woes of the last two weeks have simply exacerbated the up and down swings. The increased uncertainty in the market conditions has put a premium on data analysis, the ability to collect and decipher the mass of information generated by Wall Street’s aggregated trading activity. Fortunately, there are already experts out there
Aeva Technologies, Inc. (AEVA) delivered earnings and revenue surprises of -6.25% and 94.08%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
You're in a race against time and your dream retirement awaits at the finish line.