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Interplex Establishes Ennovi to Handle EV Connectivity

January 5, 2024

In response to growing electrification of vehicles, Singapore-based Interplex has decided to outsource its automotive-connection activities (busbars, connectors, battery interconnections, etc.). by creating a new company: Ennovi. 

"The main motivation is that the automobile sector is evolving faster than Interplex's other activities, as well as requiring different processes," explains Stefan Rustler, Ennovi's Austrian CEO. Ennovi employs more than 7000 people spread across 15 production plants and four global R&D centers, including a center in Chicago, IL.

“We started as a business unit focused on the automotive market,” says Rustler. “We used to do less design because the ICE market was very mature. With EVs, they are coming out with new products completely. This lets us co-design with the customer.”

The move has seen the company employ significant numbers of new design engineers in the past year.

“We need engineers for the design part and engineers to get it production ready,” Rustler adds. “It is one thing to build ten products in a lab, but you need to scale that, which is where the legacy Interplex business comes into play.”

Interplex will continue in the datacom and industrial market with mechanical and busbar technologies. And, both Interplex and Ennovi will still be owned by parent company Blackstone Private Equity.

Industry-Related Terms: Center, Scale
View Glossary of Metalforming Terms

Technologies: Management


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