Power Steering for heavy electric vehicles

Reference number
Coordinator Cascade Drives AB
Funding from Vinnova SEK 1 011 000
Project duration March 2019 - June 2020
Status Ongoing
Venture Innovationsprojekt i företag 2018
Call Innovationsprojekt i företag - hösten 2018

Purpose and goal

The purpose of project would be to design, manufacture, bench test and field test a electromechanical steering actuator based on Cascade Drives patent pending technology.

Expected results and effects

The project is expected to generate performance results which will create confidence in customer buying process. The project is expected to generate revenues of 3 MSEK in 2020 and 30 MSEK in 2022 with a continued exponential growth between 2022-2025 thanks to serial orders. The customer value is described as increase of productivity, reduced maintenance cost and reduced environmental impact.

Planned approach and implementation

Project begins with collection of technical data as to create an technical product specification. A few concepts will be presented and agreed upon by nominated customers. Project will then turn into detail design phase, followed by manufacturing, assembly and bench tests before. Upon completed bench tests, the prototype will be delivered to 1-2 customers for field tests. Results from bench and field tests will be presented at exhibitions and customer visits and expected to generate revenues starting in 2020.

The project description has been provided by the project members themselves and the text has not been looked at by our editors.