Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Energy Efficient NZ Motor for European Appliances

Energy Efficient NZ Motor for European Appliances

Wellington Drive Technologies Ltd (NZX:WDT) (Wellington) today announced an agreement with Arçhelik A.S. (Pronunciation: R-che-leck), Istanbul, Republic of Turkey.

Arçhelik is a leading global manufacturer of domestic appliances with revenues of $NZ3.2 billion. The company has over $NZ1.4 billion sales in Western Europe.

Under the agreement Wellington is developing a new motor that will be manufactured by Arçhelik for its own product lines. The agreement also allows Wellington to sell Arçhelik-built appliance components that use the motor.

“Arçhelik’s capabilities, product range and market strength are impressive. We are pleased that they have selected our motor technology for one of their new programmes,” said Dr Ross Green, Wellington managing director.

“Together with other contracts announced recently, this agreement with Arçhelik means that Wellington motors are now being designed-in to most types of premium European domestic appliances.”

The contract value and Arçhelik’s intended use of the Wellington motor are confidential, although Green said that the Arçhelik development was in one of the largest volume appliance categories.

Made from specialised plastics, permanent magnets and electronics, Wellington’s brushless motor design offers lower noise and longer life than conventional approaches. It also requires less than half the energy to run and can be made in virtually any shape.

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news