DGAP-News: EDAG Engineering Group AG / Key word(s): Incoming Orders
EDAG Engineering Group AG: EDAG supports BYTON in the development of the "Next-Generation smart device"
EDAG, a leading independent engineering services provider to the global automotive industry, supports the premium manufacturer of electric cars BYTON in the development of its first series produced car. The vehicle will be a completely new electric car with extensive functionalities in automated and autonomous driving. With integrated functions for all aspects of the "mobility" ecosystem, the vehicle becomes the "Next-Generation smart device".
In this future-oriented project, EDAG is contributing a wide range of development scope in vehicle engineering. In addition to the interior- and exterior design, EDAG is particularly involved in the development of a high-tech lightweight body. This is specially designed for the requirements of an ultramodern electric vehicle with a long range. Beyond the technical challenges, the flexibility and spatial cooperation of the developers also play a decisive role. A multinational team at sites in China, Europa and the USA is pushing the project forward and implementing it in parallel.
EDAG is an independent engineering services provider to the global automotive industry. The company serves leading domestic and international vehicle OEMs and sophisticated automotive suppliers through a global network of about 60 sites in major automotive centres of the world.
EDAG offers complementary engineering services across its Vehicle Engineering, Electrics/Electronics and Production Solutions businesses. Based on these extensive capabilities, EDAG can support clients across the entire value chain from the original design idea to product development and prototype construction all the way to the delivery of turnkey production systems. As a technology and innovation leader, EDAG also operates established centres of excellence that design landmark technologies for future applications in the automotive industry: lightweight construction, electric mobility, car IT, integral safety and new production technologies.
In financial year 2017, the company generated revenues of EUR 717 million and an adjusted EBIT of EUR 32.6 million. As at 31 December 2017, 8,404 employees (including apprentices) worked for EDAG in 19 countries.
Document title: Corporate News EDAG_BYTON
|Company:||EDAG Engineering Group AG|
|Phone:||+41 71 54433-0|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart|
|End of News||DGAP News Service|