Dana TM4 building electrodynamics facility Sweden
29 November 2021
Dana Inc. announced that its Dana TM4 joint venture is establishing a new manufacturing facility
in Åmål, Sweden that will initially produce electric motors for the mobility industry. Dana said the $50 million operation has received $10.7 million in support from the Swedish business development community and will boost the company’s ability to deliver clean-energy technologies and fully integrated e-propulsion systems across all mobility markets.
This new operation will add to Dana’s portfolio of global electrodynamic facilities and will be the company’s largest of these facilities in Europe. With more than half of Dana’s three-year new business backlog coming from e-propulsion products, the company is increasing its capacity to deliver electric components and systems in the region. They will support vehicles ranging from light vehicles to medium- and heavy-duty trucks to large construction equipment, the company said.
“At Dana we are focused on delivering technologies that support the advancement of electrified vehicles that are also designed and manufactured with sustainability in mind. Sweden is a leader in renewable energy, with 98% of energy production being fossil free, which enables us to build our products using a more sustainable footprint in support of a zero-emissions future,” said Antonio Valencia, president of Dana Power Technologies and Global Electrification. “Our localized electrodynamic manufacturing strategy empowers our customers in Europe to accelerate their electrification journey across multiple vehicle platforms and segments.”
The sustainable facility, which Dana said will implement highly automated manufacturing and final assembly lines operated by more than 80 new employees, is expected to open in late 2022 and will produce a range of Dana TM4 Motive high-speed electric motors for vehicles that will begin production in the first half of 2023.
“This new facility builds on Dana’s more than a century of manufacturing in Sweden and will serve a broad range of European customers,” said Patrik Palm, managing director, Dana Sweden. “It will be adjacent to our existing Åmål operation, which has provided support for the mobility industry for nearly 50 years.”
Dana TM4 is a joint venture between Dana and Hydro-Québec, one of North America’s largest renewable energy producers.