Dayco and Physis strengthen their partnership to deliver world-class hybrid electric vehicle modules

ROSEVILLE, Mich., July 19, 2023 /PRNewswire/ -- Dayco, a leading global manufacturer of engine products and drive systems for automotive, heavy-duty, and industrial markets, is strengthening its hybrid electric partnership with its strategic partner Ningbo Physis Technology Co., Ltd. (Physis), a global leader in the design and manufacture of world-class products and solutions for the fields of motion control and energy conversion.

The journey of Dayco and Physis started in 2020 with a collaborative vision to develop and deliver Dayco Hybrid Modules (DHM) for electrified hybrid vehicles to OEMs across the globe. The cooperation evolved into an MOU beginning in July 2020, with a broader vision to develop and deliver hybrid system solutions for light and heavy-duty vehicles. As the world is moving towards sustainability, this partnership has excelled by delivering premium value to its customers with high-performing hybrid system solutions that exceed global industry standards and meet stringent emission limits. Dayco is pleased to announce an extension of this relationship, which was signed in March 2023, to develop and deliver electric units of the Dayco Hybrid Module by Physis.

"Dayco's system know-how and integration capabilities, coupled with Physis capabilities in the field of motion control, allows us to provide a highly optimized and efficient DHM for P1/P2 hybrid architecture, electrifying both light and heavy-duty vehicles as well as improving the system performance and reliability," said Wouter Nijenhuis, Chief Commercial Officer, Dayco Propulsion Solutions.

"Our modular, compact, and scalable hybrid modules have exceeded industry standards under test conditions, and we are developing P1/P2 hybrid solutions in partnership with the world's leading commercial vehicles, and off-highway manufacturers and engine suppliers. As we grow together, we continue to deliver electrification and hybridization solutions most efficiently and sustainably, that meet our customer's specifications from low (48V) to high (800V) voltage solutions, DHMs can either be fully integrated or added as a bolt-on solution to existing powertrains," Wouter added.

This partnership of Dayco and Physis will deliver highly engineered and best-in-class hybrid electric modules that provide industry-leading efficiency and performance along with expansion opportunities for both companies in electrified vehicle technologies across the globe, providing global R&D with a local manufacturing footprint to the customers.

About Dayco

Dayco is a global leader in the research, design, manufacture, and distribution of essential engine drive systems and aftermarket services for automotive, truck, construction, agriculture, and industrial applications.

Through our expertise in transferring power quietly and efficiently, Dayco has emerged as the leading global system solutions provider for hybrid electric vehicles.  Dayco's 100+ years of experience in drive systems allows us to equip all customer applications around the world with the most effective drive systems to meet customer-specific performance requirements.  Dayco's world-class global distribution network services the aftermarket industry with a full offering of kits and products to meet each local market's need.  We accomplish this with a dedicated global team that respects one another, shows humility through continuous learning, and acts like owners in everything we do.

Dayco has more than 40 locations in 22 countries and over 3,600 associates. For more information about Dayco, visit the Company's website at www.dayco.com