Interplex has spun out its automotive connector business into a new company called Ennovi. The venture was initiated in response to the growing electrification of vehicles and will see Ennovi involved more in the design side. Both Interplex and Ennovi will still be owned by parent company Blackstone Private Equity.

Ennovi is committed to serving world’s leading electric vehicle (EV) brands and manufacturers and helpingSource: EnnoviSource: Ennovi them reach an electric future faster, from anywhere in the world. The new company designs and engineers battery, power platform and signal interconnect solutions for the next generation of EVs. Interplex will continue to prioritize the datacom and industrial market with high-precision mechanical solutions and busbar technologies.
Whereas the company once saw itself as a tier two supplier with its main customers being the likes of Continental and Bosch, it now sees itself in tiers one, two and three, working on one hand directly with the car makers to design EVs and on the other with battery makers and semiconductor companies. Ennovi has its headquarters in Singapore plus four R&D centers and 15 manufacturing sites. It employs more than 7,000 people.

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