Dayco, Tecno System, Monet join for electrified propulsion

Dayco logo in white and blue

Dayco, Tecno System and Monet signed a deal to create an electrified propulsion competence center. 

"We are excited about teaming up with Tecno System and Monet to build on Dayco's success," says Wouter Nijenhuis, Dayco Propulsion Solutions' chief commercial officer. "The Competence Centre for advanced engineering in the field of electronics and controls will accelerate and enhance the development of our fuel cell solutions, e-drives and hybrid modules. This partnership will solidify Dayco's competencies in control logic and software know-how, extending the product range for its customers globally." 

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Dayco will expand the products developed in the center into comprehensive electro-mechanical systems, a news release says, offering OEMs electrified propulsion solutions across fuel cell, electric and hybrid applications. 

Tecno System develops electronics for a range of industries, including automotive and commercial vehicles, railways, military, aerospace and more. It will be the preferred partner for Dayco's electronics supplies. 

"We at Tecno System and Monet are delighted to partner with Dayco," says Tiziano Ianno, founder and CEO of the Tecno System Group. "With this corporation, Tecno System has accomplished a significant milestone in our growth strategy and strengthened our position as a leader in the creation of electrical systems that enable the industry's transformation toward a greener, zero-emission mobility." 

Monet is a provider of solutions and services in electronic design, hardware and software development, prototyping and homologating of complex products for automotive, railway, industrial and aviation applications. 

"We are pleased with Dayco's commitment to our company that will further strengthen the expertise of Monet's competence center as we join forces and benefit from Dayco's 115+ years of delivering innovation solutions," says Giovanni Barba, founder and CEO of Monet. 

The deal between the three companies will close later this month. 

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