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Benzinga

Business

Shivani Kumaresan

Motorcar Parts Of America Receives Order For Its Electric Motor Emulator

MPAA Nasdaq

Motorcar Parts Of America Inc (NASDAQ:MPAA) wholly-owned subsidiary D&V Electronics has received an order for an electric motor emulator from a Chinese automotive company. The financial terms of the order were not disclosed.
The motor emulator is a critical component of a Power Hardware-In-the-Loop (p-HIL) test system to validate the performance and design of drivetrain components.
"We continue to make significant strides in the integration of our innovative emulator technology with real-time simulation and modeling capabilities, offering the most advanced, green, and flexible test solutions for companies leading the electrification movement," said D&V Electronics CEO Bill Hardy.
Price Action: MPAA shares are trading lower by 1.84% at $15.51 on the last check Monday.

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