Johnson Electric Holdings to launch solutions pack for new energy vehicle e-Axle
On January 14, 2022, Johnson Electric Holdings Ltd. released a solutions pack for the new e-axle energy vehicle. The company will now provide recommendations as well as components on how to properly manage a vehicle with an e-Axle system. The pack will include parking lock actuators, four-wheel-drive motors, and resolvers which will contribute to an energy vehicle to better run. The company's release of this new solutions pack signals the company early shift into the energy vehicle market with a growing demand for electric cars recently.
Balance SheetIn response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.
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