, says the Formula One car technology has been behind a series of spin-off products helping the company to make strong headway in supplying cooling systems for electric vehicles, and the defence and aerospace industries.
The hi-tech cooling system technology developed by ASX-listed PWR is used by all of the Formula One racing teams in some form.Mr Weel appreciates the irony that an invention that found its way onto all the racing cars in the high-powered Formula One motor racing global series is also equally sought after by road car manufacturers stepping up electric vehicle production.
Mr Keel said the engineering and manufacturing facility in Rugby would be fully operational in about seven weeks. “We’ll be full bore then.”