Power Steering for heavy electric vehicles
|Coordinator||Cascade Drives AB|
|Funding from Vinnova||SEK 1 011 000|
|Project duration||March 2019 - June 2020|
|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.