Eaton News

Shenzhen EN Plus Tech Co., Ltd. (EN+), a China-based intelligent electric vehicle (EV) charging solutions provider, announces it has completed a new round of financing from strategic investor Eaton, a power management company. Electric vehicle charging market “EN+ is excited to complete this strategic step for future business growth.  EN+’s business demonstrates strong track record in recent years,” said Tony Jin, CEO, EN+. “EN+ is committed to contributing to the...

Power management company Eaton announced Matt Hockman has been named president of its Crouse-Hinds, B-Line, and Oil and Gas organization. Responsibilities  In this role, Hockman will lead Eaton’s global team focused on technologies and structural solutions designed for harsh and hazardous environments applied in commercial construction, oil and gas, mining, and other industrial settings.  He will report directly to Heath Monesmith, president and chief operating officer of Eato...

Intelligent power management company - Eaton has announced new research on the relevance of the energy transition in digital transformation planning for power-critical businesses. Commissioned by Eaton, this S&P Global Market Intelligence report – The Intersection of Digital Transformation and the Energy Transition – highlights that although 77% of companies surveyed expect to transition away from their current power sources, only half are currently executing the digital strateg...

Intelligent power management company Eaton announced a cybersecurity collaboration with a pioneer in identity security CyberArk to enhance the protection of utility transmission and distribution devices and networks. The collaboration leverages Eaton’s grid automation expertise and approach to cybersecurity with CyberArk’s Identity Security solutions to help utilities simplify a critical element of cybersecurity compliance for modern grid automation systems. Intelligent electronic...

As part of its ongoing focus on transparency, intelligent power management company Eaton releases two reports featuring the company’s progress in meeting its 2030 sustainability goals. Eaton’s 2021 Sustainability Report highlights efforts toward achieving the company’s science-based greenhouse gas reduction (GHG) targets, its commitment to become carbon neutral by 2030, and other sustainability initiatives. Eaton’s 2022 Task Force on Climate-related Financial Disclosures...

Power management company Eaton announces its eMobility business has introduced a battery disconnect unit (BDU) that can be combined with upgraded Breaktor® circuit protection technology to provide circuit protection in electrified vehicles (EVs) while reducing overall complexity and cost. When paired with the Breaktor circuit protection technology, which combines current switching and resettable bidirectional short-circuit protection with fast actuation, Eaton’s BDU eliminates the nee...

Power management company Eaton has announced its eMobility business has been chosen to supply a 4-speed medium-duty electrified vehicle (EV) transmission to Proterra, an innovator in commercial vehicle electrification technology, for the company’s ProDrive drivetrain used in Proterra ZX5 electric transit buses. “Our EV transmissions have unmatched performance, providing class-leading acceleration, horsepower, range and durability,” said Julie Marshaus, manager, New Product Int...

Power management company Eaton announced it has signed an agreement to acquire a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuits breakers in China and had revenues of $35 million in 2021. Application-tailored product offerings “Huineng’s application-tailored product offerings and manufacturing base in China, combined with Eaton’s expertise and global channels, will enable us to furt...

Power management company Eaton announced its eMobility business has received a contract to supply its Breaktor® circuit protection technology to a European vehicle manufacturer for use in multiple models of 800-volt battery electric vehicles (BEVs). Breaktor technology The Breaktor technology is a new advanced circuit protection solution for BEVs that combines the function of fuses, pyro switches, and contractors into a single coordinated device. As electric vehicle power levels incr...

Power management company Eaton, announces that Kurt McMaken has been named Senior Vice President, operations finance and finance transformation. In this role, McMaken will lead the global operations and transformation organization. This organization includes the company’s financial planning and analysis and operations finance teams, and has responsibility for the development of finance technology enhancements. McMaken will report to Tom Okray, Eaton’s Executive Vice President and Ch...

Power management company Eaton announced it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets. Under the terms of the agreement, Eaton paid $600 million for Royal Power Solutions, which represents approximately 13.6 times the company’s estimated 2022 EBITDA. “Growth opportunities tied to the electrification of our economy a...

The finalists of the 32nd annual Plant Engineering Product of the Year awards stretched across 13 categories. This program honors the best innovations of 2019, as voted by the audience of Plant Engineering. The Grand Award—given to the new product that received the highest number of votes among all 13 categories—is presented to TrendMiner for the TrendMiner 2019 R.3, originally in the Plant Analytics & Design category of the competition. The Grand Award, and...