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ELECTRIC_AXLE SIGNED

Electric axle for commercial vehicles

Total Cost €

EC-Contrib. €

Partnership

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Outcomes and
results

ELECTRIC_AXLE project word cloud

Explore the words cloud of the ELECTRIC_AXLE project. It provides you a very rough idea of what is the project "ELECTRIC_AXLE" about.

gross controller vehicles commercially segment eva primarily decreasing budget tons feasibility secondly angle time 13 conscious structure investment marketing buses plan 2020 train hybrid shooting consisting requirement fund full 12 4 requested bus load 555 possibility steel break lower ngos data turn becomes fulfilling weight ahead mechanic evaluation 964 mid irr 47 power roi tco environment business strategy radius road primary alternative councils payback composite million opportunity drives radically electric silex commercial manufacturers 7 friendliness market prepared concentrates rear network vehicle initial elaborated 38 financial reducing operation displaced traffic contracts commercialise satisfy contains motors 130m axle 110 considering surely benefits parts total competitive city advantages

Project "ELECTRIC_AXLE" data sheet

The following table provides information about the project.

Coordinator	SILEX IPARI AUTOMATIZALASI ZARTKORUEN MUKODO RESZVENYTARSASAG Organization address address: SOROKSARI UT 150 city: BUDAPEST postcode: 1095 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.
Coordinator Country	Hungary [HU]
Project website	http://www.silex.hu/products/electric-axle/
Total cost	1˙378˙250 €
EC max contribution	964˙775 € (70%)
Programme	1. H2020-EU.3.4. (SOCIETAL CHALLENGES - Smart, Green And Integrated Transport) 2. H2020-EU.2.1.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)) 3. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
Code Call	H2020-SMEINST-2-2016-2017
Funding Scheme	SME-2
Starting year	2016
Duration (year-month-day)	from 2016-11-01 to 2018-10-31

Partnership

Take a look of project's partnership.

#	participants	country	role	EC contrib. [€]
1	SILEX IPARI AUTOMATIZALASI ZARTKORUEN MUKODO RESZVENYTARSASAG SILEX IPARI AUTOMATIZALASI ZARTKORUEN MUKODO RESZVENYTARSASAG Organization address address: SOROKSARI UT 150 city: BUDAPEST postcode: 1095 website: n.a. contact info title: n.a. name: n.a. surname: n.a. function: n.a. email: n.a. telephone: n.a. fax: n.a.	HU (BUDAPEST)	coordinator	964˙775.00

Map

Project objective

Composite technology has become by now a viable alternative for commercial vehicles as vehicle structure elements, reducing the vehicles’ gross weight radically. As both initial and operation costs are lower for composite buses, just as their TCO is also lower, that is why steel buses in city traffic will be surely displaced in mid-term by low weight composite vehicles.

In order to exploit the benefits of the new, currently emerging, competitive value network, new parts are also needed, which satisfy the requirements of these low weight vehicles. A requirement for these vehicles, considering the shooting ahead of the hybrid and full electric vehicles, is an integrated electric power train, consisting of a mechanic axle integrated with the electric motors, drives and an axle controller, called electric axle, for 12-13 tons gross weight, commercial, on-road vehicles. 12-13 tons vehicles need an 8,5 tons axle at the rear. Problem is that there is no currently commercially available electric axle for this axle load, which is a business opportunity for Silex. Goal of the project is to develop and commercialise an electric axle for 8,5 tons load.

By the elaborated marketing plan the city bus segment has been selected as primary target, which becomes a 130m€ market by 2020. Marketing strategy is based on the product’s advantages (environment friendliness, lower TCO, possibility to change the angle of the axle to the vehicle, thus decreasing turn radius, etc.) and concentrates on end users (e.g. city councils) and environment conscious NGOs primarily, and only secondly to bus manufacturers.

During Phase 1 potential contracts have been prepared for the next 2 years, by fulfilling them the project can reach financial break even. Feasibility study contains a detailed business plan. Most important investment evaluation data are: RoI 110,4%, IRR 47,7%, EVA 2,555 m€, payback time 4,1 year.

Total budget of the project is 1,38 million €, requested EU fund is 964 k€.

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The information about "ELECTRIC_AXLE" are provided by the European Opendata Portal: CORDIS opendata.