Keysight Technologies (KEYS) Stock: Why It Increased Over 1.5% Today – Pulse 2.0
The stock price of Keysight Technologies Inc (NYSE: KEYS) – a leading technology company that delivers advanced design and validation solutions to help accelerate innovation to connect and secure the world – increased by over 1.5% during intraday trading today. Investors are responding positively to Keysight announcing that Scania has chosen Keysight’s Scienlab Battery Test Solutions for its new state-of-the-art battery laboratory at its research and development facilities in Södertälje, Sweden.
Scania (part of the Volkswagen Group) is one of the world’s top manufacturers of buses and trucks and is driving the shift to e-mobility for commercial vehicles while pursuing a long-term strategy to achieve the company’s goals for innovation and sustainability. And the new 1,000-square-meter laboratory includes three 250-square-meter test halls for battery cells, modules, and packs. The main focus is on battery performance and lifespan evaluation in various climatic conditions from -40°C to 70°C.
Keysight provided a customized turnkey battery laboratory solution including the full range of the company’s Scienlab Battery Test Systems for cells, modules and packs, coupled with a comprehensive safety concept while realizing the installation at the customer’s site. And in addition to Keysight’s Energy Storage Discover Software for test and control, Scania leveraged Keysight’s PathWave Lab Operations for Battery Test, an integrated, web-based lab management platform that optimizes workflow, test throughput, and data management. This solution enables Scania to optimize the planning and coordination of its battery laboratory by managing all resources, including lab personnel, test systems, and devices under test (DUTs).
The new battery laboratory complements a smaller facility with a climatic chamber for battery pack testing, that is extremely flexible because it is basically “outdoors.” And with this lab, Scania can test the performance of battery packs on operational electric trucks and buses without removing batteries. The vehicles are parked close to the lab and connected to the testing equipment, or the powertrain can be tested in a huge climate chamber instead of running real-life winter tests outdoors. Plus Scania’s engineers examine the best operational conditions for the battery, considering things such as temperature setpoint, state of charge window, and charging power profile for tailored utilization in optimizing battery life and customer needs.
KEY QUOTES:
“The need for relevant skills and knowledge in battery usage and lifecycle optimization is more important than ever before. Here in the lab, we have the prerequisites to perform our very best in this area. We see an increasing need to intensify battery testing and tailored deployment. Keysight’s experience and expertise in battery testing has resulted in a solution that meets our requirements, which made them the perfect choice to realize this crucial project.”
— Håkan Örnhed, Head of Test Cell Operation Battery and E-components at Scania
“Our goal is to provide comprehensive test solutions that help our customers accelerate and improve their development activities. We are extremely proud that we could support Scania in their aspiration to secure a market leadership position for commercial EV vehicles. Our collaborative approach with Scania was to challenge the state-of-the-art, which enabled us to gain insights from a world-leading transportation manufacturer who strives to discover new edges of e-mobility use-cases and technologies.”
— Thomas Goetzl, vice president and general manager for Keysight’s Automotive and Energy Solutions business unit
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