Dana receiving $2M grant from Ontario for ongoing development of Li-ion battery cooling technologies
Dana Holding Corporation will receive a $2-million grant from the Province of Ontario for the ongoing development and manufacture of lithium-ion battery cooling technologies needed for electric and hybrid-electric vehicles.
To date, Dana’s air- and liquid-cooled battery technologies have been selected by several global automakers for 16 electric and hybrid-electric vehicles. Among these vehicles are the Chevrolet Volt, Ford Focus EV, and Tesla Roadster Sport. These products overcome the challenge of removing heat from tightly packed battery cells to maximize their performance and life.
The grant will support Dana's research and development work at its thermal products engineering center in Oakville, manufacturing at its plant in Cambridge, and collaboration with several Ontario universities in the development of battery cooling systems. In conjunction with the grant and based on the anticipated growth of this business, Dana will invest up to $37 million in its Oakville and Cambridge facilities over the next five years to continue to advance its battery cooling technology.
Dana’s position in the growing segment of electric vehicle battery cooling leverages the expertise of its deep-rooted thermal-management operations, whose history dates back to 1903. The company’s wide range of thermal-management products also help cool and heat gasoline and diesel engines, as well as transmissions, on passenger cars and pickup trucks, heavy-duty trucks, and off-highway vehicles.