WABCO Holdings Inc. (NYSE: WBC), a tier-one supplier to the commercial vehicle industry, today announced that WABCO has been awarded a contract by a major original equipment manufacturer in Europe to supply EcoSmart systems to equip their heavy-duty truck engines for series production starting in 2011.
WABCO's EcoSmart system is a breakthrough in air compression technology for trucks and buses that substantially improves fuel efficiency and reduces emissions.
WABCO's new EcoSmart clutch compressor optimally disengages a truck or bus compressor from the engine when the vehicle's air system reaches full pressure. This innovation is WABCO's latest in a series of breakthrough technologies that enable significant gains in fuel efficiency while benefiting the environment through reduction of carbon dioxide (CO2) emissions.
WABCO's new EcoSmart system is designed to reduce total cost of vehicle ownership annually by as much as $1,250 through fuel savings alone. In addition, it will reduce wear on the compressor and prolong its life. It also contributes to cleaner air and less impact on the environment because it can reduce CO2 emission by as much as 5,000 pounds per vehicle on an annual basis.
"Our new EcoSmart system is a breakthrough technology that helps original equipment manufacturers around the world to make their vehicles greener, cleaner and more fuel efficient. Our new EcoSmart system is an outstanding example of WABCO's unique ability to innovate commercial vehicle technologies that enhance fuel savings and contribute to clean air solutions," said Nikhil Varty, WABCO Vice President, Compression and Braking.