Business Wire

Tula Technology Announces Development Agreements for Global and Regional Automotive Applications

Share

Tula Technology, Inc., a leader in propulsion efficiency and developer of Dynamic Motor Drive® (DMD), has signed two Memoranda of Understanding (MoU), with a global Tier 1 automotive supplier and with a Chinese OEM.

With the global Tier 1 supplier, software integration of DMD has been completed and testing is underway on the eDrive dynamometer. So far, DMD has been tested to deliver a drive cycle benefit greater than 0.5% for this IPM+SiC platform, which is the most efficient and challenging application to improve upon. Winter vehicle testing is planned for later this year together with the OEM. If targets are achieved, DMD could be included in this application for a 2027 start of production (SOP).

Activity is ramping up in China where Tula has signed an MoU to begin a project this year with a Chinese OEM also on an IPM+SiC platform targeting a 2027 SOP. Tula soon expects to confirm three more projects starting in the fourth quarter this year, with another two OEMs and a Tier 1 supplier. Simulations with customers have shown that DMD can deliver drive cycle benefits from 0.4% up to 2+%, with the greatest gains seen for distributed drive (dual motors on the primary axle) and dual-axle applications. Further joint customer development will span the full range of applications.

“These agreements mark significant progress towards implementing DMD in production,” said John Fuerst, CEO of Tula Technology. “Globally, the industry demands the highest efficiency solutions upon which DMD will further improve with proprietary software requiring no hardware modifications.”

Next week from October 6th through 8th, Tula will attend the 34th Aachen Colloquium in Germany, demonstrating a DMD-equipped Tesla Model 3, utilizing a Tula-developed EESM+SiC eDrive. In this configuration, DMD delivers up to a 1% benefit.

About Tula Technology, Inc.

Silicon Valley-based Tula Technology provides innovative award-winning software controls to optimize propulsion efficiency and emissions across the mobility spectrum, including electric, hybrid, gasoline, diesel, and alternative fuel vehicles. Tula’s culture of innovation has resulted in breakthrough technologies and a robust global patent portfolio of more than 400 patents issued and pending. Tula Technology is a privately held company that has been backed by Sequoia Capital, Sigma Partners, Khosla Ventures, GM Ventures, BorgWarner and Franklin Templeton. More information is available at www.tulatech.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20250929377295/en/

Contacts

Media: Financial Profiles
Kelly Hull
khull@finprofiles.com
310-622-8252

Investors: Financial Profiles
Tricia Ross
tross@finprofiles.com
310-622-8226

About Business Wire

For more than 50 years, Business Wire has been the global leader in press release distribution and regulatory disclosure.

www.businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Microplastics in the Air: Global Study Uncovers Concerning Levels of Daily Exposure30.9.2025 04:00:00 EEST | Press release

The PlasticDustCloud project, a global study led by the Eurofins Environment Testing network, has revealed alarming microplastic pollution in air, with deposition rates of up to 1,300 microplastics per square metre per day (/m2/day). Working with samples collected across 12 sites in 9 countries on 3 continents, this global study highlights the pervasive presence of microplastics in the air we breathe every day. Microplastics, defined as particles smaller than 5 mm, are now ubiquitous in the environment. Recent toxicological studies show that microplastics pose potential risks to human health and the environment, raising growing global concerns. Research, results and methodology In mid-2024, samples were collected using a harmonised deposition methodology at urban sites in Melbourne (AU), Budapest (HU), Bergen (NO), Gijón (ES), Rovaniemi (FI), Aabybro (DK), Barneveld (NL), Northampton (UK), Sacramento and South Bend (USA). Rural sites in Pelkosenniemi (FI) and Alta (NO) provided referen

YES Receives Multiple VeroTherm ™ and VeroFlex ™ System Orders from Leading Memory Supplier30.9.2025 03:02:00 EEST | Press release

Yield Engineering Systems (YES), a leading provider of process equipment for advanced packaging for AI and HPC systems, today announced that it has received multiple orders of VeroTherm™ and VeroFlex™ reflow systems from one of the largest memory suppliers. These systems will enable 3D stacking of memory and logic chips for high-performance AI accelerators, driven by large language model (LLM) applications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250929387565/en/ VeroTherm™ and VeroFlex™ Systems by YES. These systems will enable 3D stacking of memory and logic chips for high-performance AI accelerators, driven by large language model (LLM) applications. The VeroTherm™ and VeroFlex™ reflow systems are designed to provide solutions for achieving sub-10μm micro-bump structures with fluxless solder and mass reflow processes in a low vacuum environment for wafers and panels respectively. These systems enable superior quali

Kioxia and Sandisk Announce Beginning of Operation of Fab2 at Kitakami Plant, Japan to Meet the Market Demand Driven by AI30.9.2025 02:00:00 EEST | Press release

Kioxia Corporation, a subsidiary of Kioxia Holdings Corporation (TOKYO: 285A) and Sandisk Corporation (NASDAQ: SNDK) today announced the start of operation at the Fab2 (K2), a state-of-the-art semiconductor fabrication facility, at the Kitakami Plant in Iwate Prefecture, Japan. Fab2 has the capability to produce eighth-generation, 218-layer 3D flash memory, featuring the companies’ revolutionary CBA (CMOS directly Bonded to Array) technology, and future advanced 3D flash memory nodes to meet growing demand for storage driven by AI. Production capacity at Fab2 will ramp up in stages over time, in line with market trends, with meaningful output expected to begin in the first half of 2026. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250929169960/en/ Kitakami Plant The Fab2 facility has an earthquake-absorbing architectural structure and a design that utilizes state-of-the-art energy saving manufacturing equipment. The facili

Hamad Bin Khalifa University Conference Leads Global Dialogue on the Future of AI Ethics29.9.2025 19:46:00 EEST | Press release

Hamad Bin Khalifa University’s (HBKU) conference AI Ethics: The Convergence of Technology and Diverse Moral Traditions concluded with a call for a unified, culturally inclusive framework for Artificial Intelligence (AI). Convened in Qatar, this pivotal event marked a milestone in the discourse surrounding AI and its ethical implications. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250929755596/en/ The opening plenary session from HBKU's AI Ethics conference (Photo: AETOSWire) The conference brought together leading international academics, policymakers, tech industry experts, ethicists, and others. Their contributions highlighted the multidisciplinary interest in collaborative solutions that align AI with the diversity of moral traditions. Dialogue also sparked new cross-sector partnerships to drive innovation and shape the field’s future. Six thematic areas, healthcare, urban design, security, education, finance, and fut

Amazfit Expands HYROX Athlete Roster with Global Champions and Rising Stars29.9.2025 19:00:00 EEST | Press release

Amazfit, a leading global smart wearables brand by Zepp Health (NYSE: ZEPP), and the Official Timing & Wearable Partner of HYROX, today announced the expansion of its HYROX athlete roster, with Hunter McIntyre (USA) returning for another season and four standout competitors joining the team: Rich Ryan (USA), Joanna Wietrzyk (Australia), Emilie Dahmen (Netherlands), and Linda Meier (Germany). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250929662494/en/ Amazfit welcomes back Hunter McIntyre and expands its elite athlete team for the 2025/26 HYROX season with Rich Ryan, Joanna Wietrzyk, Emilie Dahmen, and Linda Meier This roster reflects Amazfit’s commitment to supporting both proven champions and emerging talent in functional fitness racing, while integrating athlete feedback directly into product innovation. Hunter McIntyre – Widely regarded as the face of HYROX, McIntyre remains one of the sport’s most dominant and influe

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye