Concentric AB wins a strategically significant contract for its electro hydraulic steering (EHS) pumps for the next generation electric emergency utility trucks

By PRNewswire4 days ago

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SKNES FAGERHULT, Sweden, April 8, 2021 /PRNewswire/ -- Concentric AB announces an important OEM nomination for its EHS pumps to be used on electric emergency utility trucks. As local city regulations drive increased demand for electric commercial vehicles, these EHS customer nominations become increasingly important in a sector which presents exciting long-term growth opportunities. Production will start in 2021 and sales revenues from this new contract are estimated to be worth MSEK 21 over the next five years.

Cities across the world are restricting the use of fossil fuels to improve air quality and reduce CO2 emissions. These municipalities are now investing in electrified commercial ...

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