Volvo Penta, Yamaha Enter Engine Tech Cooperation
AB Volvo Penta and Yamaha Motor Co., Ltd have entered into a technological agreement to develop boat control system. Through the wholly owned electronics company, CPAC Systems, Volvo Penta is developing world-leading electronic solutions, such as the electronic platform. This CAN-based network, which links the engine, transmission, instrumentation and accessories in a single system, currently forms the electronic base of Volvo Penta’s product range for power boats.
The introduction of boat control system in the marine industry is going to intensify in the years to come and, with a view to creating technological synergies, Volvo Penta and Yamaha Motor have now signed an agreement involving technological partnership.
This partnership will initially focus on Volvo Penta’s existing technology, but the parties are also planning to evaluate the opportunities for cooperation in the marketing area. “With electronics and state-of-the-art technology, boat owners today can obtain access to fantastic systems and accessories, such as joystick maneuvering. The technology agreement between Yamaha Motor and Volvo Penta will create the potential for both companies to further strengthen their customer offering in the field of electronics,” says Volvo Penta’s president, Göran Gummeson. The technology agreement will take effect at the end of the year and a selection of Volvo Penta’s existing electronic solutions adapted for Yamaha Motor is expected to be introduced within a few years.
(Press Release)