Category: Press Releases

AUBURN HILLS, Michigan (June 8, 2021) — TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, has launched new fluid handling products for thermal coolant and fuel systems on the 2021 Hyundai Santa FE SUV hybrid electric vehicle (HEV). This Hyundai HEV application demonstrates the company’s ability to optimize systems with light weight solutions for improved EV mode efficiency.

The majority of applications for battery, motor drive and power electronics thermal management use complex rubber and aluminum line assemblies for coolant thermal loops. TI Fluid Systems has developed in-house a full range of multiple light-weight, multi-layer nylon plastic constructs, with associated quick connections for all vehicle operating temperatures. In this new Hyundai Santa Fe HEV application, TI Fluid Systems has collaborated with the OEM to fully switch the traditional chassis thermal loops to lightweight optimized materials.

In addition to the coolant fluid carrying thermal loops, TI Fluid Systems’ Fuel Tank and Delivery Systems (FTDS) division has launched their latest ‘Light Pressurized Tank’ (LPT) pressure resistant plastic fuel tank. A HEV has a very unique function in that the moment the electric propulsion is running, the engine shuts off and fuel vapor builds pressure internally in the tank. For this unique electric only mode of the vehicle’s propulsion, a pressure resistant fuel tank is required to maintain in tank pressure and in turn extend the electric-only driving range. TI Fluid Systems’ LPT technology integrates mechanical pin columns during the blow molding manufacturing process to stiffen the upper and lower tank shells.

“The new Hyundai Santa Fe HEV model, and it’s related SUV platform models, demonstrates our outstanding opportunity for increased product content per vehicle with light weight solutions for the hybrid electric vehicle segment,” stated Hans Dieltjens, Chief Operating Officer. “TI Fluid Systems is a differentiated supplier that can leverage our fluid know how on the new thermal challenges of electrification.”

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 107 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (May 28, 2021) — TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, has introduced an innovative approach for coolant fluid management on electrified vehicles. The new technology is an Integrated Thermal Manifold assembly (ITMa) that provides a one-piece, light-weight, blow-molded plastic manifold to optimize complex line design and replaces multiple line bundle assemblies of thermal loops for heating and cooling on next generation of electric vehicles.

Current EVs typically use multiple complex rubber, aluminum or multi-layer plastic lines that are packaged tightly together under hood or chassis mounted. TI Fluid Systems has developed the ability to evolve their Fuel Tank and Delivery Systems (FTDS) division fuel tank blow molding technology to produce a one piece integrated thermal ‘manifold’ (ITMa) approach. This single piece blow molded plastic manifold has significant OEM EV value: improved flow performance for efficiency gains, lower part count for sub and final vehicle assembly, with lower weight and reduced investment tooling costs.

In addition to the ITMa coolant ‘fluid carrying’ design, TI Fluid Systems’ FTDS division has demonstrated further integration potential for ‘fluid storage’ (coolant reservoir expansion tank), ‘fluid temp control’ (heat exchangers/sensors) and ‘fluid delivery’ (pumps), for a very compact module solution. Much like a fuel delivery module today, these integrated thermal modular assemblies are very bespoke to each OEM vehicle or application and can be engineered for various system types of multiple thermal loops.

“Our innovations of the last few years have captured the attention of our OEMs as we move from ‘build-to-print’ components to ‘innovative collaboration’ of EV sub-systems,” stated Hans Dieltjens, COO. “TI Fluid Systems is a differentiated supplier to leverage our fluid know-how on the new thermal EV challenges. We are successfully demonstrating the ability to pivot our fluid competencies, capabilities and assets to provide a family of new break-through EV products with various levels of integration.”

TI Fluid Systems has received their first ITMa global EV platform application release for model year 2023 introduction with a leading high-volume European OEM.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 107 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (May 4, 2021) — TI Fluid Systems (LSE:TIFS), a leading global supplier of automotive fluid systems technology, to enhance its Board of Directors diversity as it searches for candidates to replace Andrea Dunstan, who will step down after this year’s Annual General Meeting.

“We were disappointed in Andrea’s decision not to run for re-election” said Manfred Wennemer, Chair of the Board of Directors. “Andrea brought a great perspective, from both a UK governance and human resources point of view. We intend to fill her position on the board with an equally qualified and diverse candidate as we continue our journey to a gender and ethnically diverse Board of Directors.”

TI Fluid Systems thanks Andrea for her tremendous contribution to the Board, including implementing significant changes to the proposed Remunerations Policy, aligning it with the Shareholders expectations and in compliance with UK regulations.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 107 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

About This Webinar
This virtual event will be hosted by Bill Kozyra, CEO & President and Ron Hundzinski, CFO. There will also be product demonstrations and presentations by Hans Dieltjens, COO.

Enquiries:
TI Fluid Systems plc
+1 248 376 8624
David J. Royce
droyce@tifs.com
Investor Relations

Agenda

• Introduction
• Corporate Strategy
• Vehicle Content / EVolution
• Product / Business Division Status
• New Products / Technology
• Finance Summary
• Interactive Q&A

Click Here to Register!

AUBURN HILLS, Michigan (February 17, 2021) — TI Fluid Systems (LSE:TIFS), announces today that William L. Kozyra will retire as President and Chief Executive Officer and step down from the Board of Directors in the fourth quarter of this year, following an orderly transition to his successor, Hans Dieltjens. Hans Dieltjens will take on the role of Chief Operating Officer effective 1 March 2021 as a transitional step towards becoming Chief Executive Officer and being appointed to the Board of Directors concurrent with Bill’s retirement. Hans holds a Master’s degree in Electro/Mechanical Engineering along with 25 years of automotive experience in Asia, Europe and the Americas. Bill’s current employment agreement will be extended to ensure a proper handover with Hans.

Manfred Wennemer, Chair of the Board of Directors commented:
“Bill joined TI Fluid Systems in 2008 at the height of the global financial crisis and led the Company through that challenge to more than a decade of record performance. Bill was instrumental in bringing the Company public in 2017 and in developing and executing the Company’s electrification strategy to address the Hybrid & Battery Electric Vehicle market developments. On behalf of the Board of Directors, I wish Bill all the best in his retirement and thank him for his 12 years of exemplary service. We’ve considered several high caliber automotive executives in addition to Hans Dieltjens for this position. I am pleased with the results of this activity which validated Hans’ strong credentials and credibility in the automotive space.”

Bill Kozyra, President & Chief Executive Officer commented:
“I could not be prouder of the tremendous success the Company has achieved, especially navigating through two global crises while also developing exciting new products for the emerging Electric Vehicle market. I thank our shareholders for their support of the past 3 years and am happy and fully supportive of the Board’s decision to appoint Hans as my successor. During the 12 years that Hans and I have worked together he has continued to develop his leadership and strategic ability and is now ready to take on this very important role for our Company. I am confident the Company will continue its success under Hans’ leadership.”

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (January 29, 2021) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide a new generation of plastic fuel tank design capable of meeting the stringent pressure demands within a hybrid electric vehicle (HEV) vehicle. This plastic fuel tank recently launched in volume production with Volkswagen China on the Passat and Magotan Plug-in Hybrid Electric Vehicle (PHEV) models, with a planned adoption across a wider range of global platforms.

This innovative technology represents the culmination of extensive design and collaborative development, including rigorous testing and vehicle evaluations by VW and TIFS development teams across China and Europe. Traditionally, conventional fuel tanks operate at atmospheric pressure, however, the new generation HEV models are expected to resist cyclic pressure up to 400 mbar when in certain full electric driving modes. To resist in-tank pressure, the new design solution introduces over-molded ball pins with snap-fit column structures that use TIFS’s patented split parison blow molding manufacturing process. TIFS has confirmed that the technology release provides a light-weight plastic solution for HEVs that overcomes the disadvantages of competitor internal tank welded structures.

“TIFS’s strategic initiatives to address new growth within the electrification mega-trend includes supporting all vehicle types with innovative product solutions. This includes global HEV platforms. Our innovative plastic fuel tank technology allows OEMs to tune the HEV performance driving cycle for optimum EV efficiency and performance,” stated Bill Kozyra, President and CEO.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (December 15, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced today that it will provide thermal coolant fluid carrying loops for a large family of Hyundai, Kia and Genesis brand vehicles, starting with the NE EV, a new battery electric compact crossover based on the futuristic “45” concept vehicle.

Starting in January, coolant fluid carrying systems will be supplied by TI Fluid Systems across eight different Hyundai battery electric vehicle platforms, all produced in South Korea. The new fluid carrying products apply our innovative approach for light weight and optimized engineered polymer lines produced from nearly 100% nylon material along with quick connectors that are molded, formed and assembled in various diameter sizes for the battery and motor drive thermal management.

“We are proud to contribute our nylon and other expertise and experience in fluid and thermal management systems to this exciting evolution of battery electric vehicles,” commented Bill Kozyra, President and CEO of TI Fluid Systems. “We have enjoyed a tremendous partnership with Hyundai for many years and we look forward to supporting these unique global BEV platforms as they expand in the various regional markets.”

Hyundai plans to expand their BEV lineup to 25 vehicles by 2025, the first of which is launching in January 2021. TI Fluid Systems will be providing the brake line bundles for the new BEV models as well as the fuel tank assemblies and fuel lines for several current Hyundai hybrid EV models.

TI Fluid Systems has been a longtime supplier to Hyundai, providing brake and fuel systems, fuel tank and delivery systems, powertrain systems and thermal management systems to more than 50 different Hyundai vehicle lines worldwide.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (November 5, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, has started high volume production of new thermal products, assemblies and technology for the new Volkswagen ID.3 and ID.4 battery electric vehicles. The ID.3 is a compact hatchback and the first production model based on the modular electric drive matrix (MEB) from Volkswagen. The release of the ID.4, an electric compact SUV, will follow.

“We are excited to announce the launch of these new battery electric vehicle components. With this product line, TI Fluid Systems has taken another important step to its future of becoming an integrated thermal management supplier for the battery electrical vehicle market,” commented Bill Kozyra, President and CEO of TI Fluid Systems.

This new application of heat pump technology using R744 (also called CO2) refrigerant provides both heating and cooling for the cabin comfort and operates at a higher efficiency in certain conditions for significant battery range extension. TI Fluid Systems assembles the heat pump module with the electronic valves, accumulator, bracket, and chiller with associated high pressure aluminum lines. The heat pump valve assembly are supplied from TI Fluid System’s Jablonec Plant in the Czech Republic.

TI Fluid Systems will also be supplying the Chassis Thermal Coolant Loop Line Assemblies that are manufactured in various materials including lightweight engineered polymers. TIFS has commissioned a new plant in Tangier, Morocco for the battery electric vehicle market. This plant supplies the finished hoses to Tauste, Spain for final assembly and verification test.

TI Fluid Systems is the Tier 1 Global Supplier for these BEV products.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (July 27, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, is part of the 2020 cohort of issuers to receive London Stock Exchange’s Green Economy Mark.

This classification, first introduced in 2019, was created to highlight companies and investment funds listed on all segments of London Stock Exchange’s Main Market and AIM that are driving the global green economy. To qualify for the Green Economy Mark, companies and funds must generate 50% or more of their total annual revenues from products and services that contribute to the global green economy.

“TI Fluid Systems is pleased to be awarded the London Stock Exchange’s Green Economy Mark, recognizing the scale of environmental benefit TI Fluid Systems products provide to the global automotive market,” said Bill Kozyra, President and CEO of TI Fluid Systems. “As a leading global manufacturer of highly engineered fluid and thermal management systems, TI Fluid Systems enables vehicle manufacturers to sustainably reduce CO2 emissions and improve fuel economy across all vehicle types, especially hybrid and battery electric vehicles. We look forward to continuing to support our world’s transition to greener vehicles and keeping our environment clean, making our world a better place to live.”

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.

AUBURN HILLS, Michigan (April 24, 2020) — TI Fluid Systems (TIFS), a leading global supplier of automotive fluid systems technology, announced a collaboration with Ford Motor Company and 3M to produce air flex tube assemblies for powered air-purifying respiratory systems (PAPR) in response to the increased demand caused by the COVID-19 outbreak.

3M’s PAPR uses a waist-mounted, battery-powered blower that sends filtered air into a hood that helps provide respiratory protection for workers, including those in healthcare services. When Ford announced their proposed design solution for the production increase, TIFS recognized an opportunity to leverage the current design and manufacturing processes to engineer and mass produce quick connectors and a new air flex tube solution for the hood and fan pack used in the PAPR system.

Quick connector production and sub-assembly will take place at the TIFS New Haven, Michigan facility, with tube final assembly taking place at the Ashley, Indiana facility. Keeping production local will allow Ford and 3M to rapidly meet the increasing demand and to provide much-needed protection for healthcare professionals.

“We are honored to support Ford and 3M with our technical and manufacturing expertise in furthering this humanitarian initiative,” said Bill Kozyra, President and CEO of TI Fluid Systems.

About TI Fluid Systems

TI Fluid Systems is a leading global manufacturer of fluid storage, carrying and delivery systems primarily for the light duty automotive market. With nearly 100 years of automotive fluid systems experience, TI Fluid Systems has manufacturing facilities in 108 locations across 28 countries serving all major global OEMs.

For more information, visit www.tifluidsystems.com.