Concentric AB announced a long-term agreement with an existing e-pump customer, a global truck and bus OEM, to supply electric coolant pumps for their heavy-duty electric truck. The company currently supplies the customer with e-pumps for their hybrid and battery electric buses, and this new supply agreement significantly increases e-pump volumes. Production for this new application will start in 2021 and revenues from this new contract are estimated to be SEK 200 million over the next five years. The electric coolant pump has the following key benefits: Robust design which includes a wet rotor eliminating the possibility of a dynamic seal failure; Long service life aided by liquid cooled electronics and DC brushless design giving service life >50,000 hours; Integrated diagnostics and utilizing sensors for temperature and pressure, and compact and low noise characteristics. The company's ability to design and develop a range of products for the early adopters of battery electric vehicle technology has enabled its e-pumps to be proven in real world commercial vehicle applications that require high levels of operational performance. Establishing e-pump credibility with global OEMs has enabled Concentric to win this strategically important contract in the e-truck sector.