Remy International, a North American manufacturer of advanced electric motors for hybrid and electric vehicles, has finalized a grant agreement with with US Department of Energy (DOE), under which the company will receive $60.2m to accelerate standardization and commercialization of their Remy HVH electric motor technology.

Remy, was nominated for the grant in August, 2009 as part of the American Recovery and Reinvestment Act (ARRA) and received conditional approval in December 2009.

Remy International has recently introduced HVH 250, an electric motor for hybrid and EV applications based on its patented High Voltage Hairpin (HVH) technology.

Remy claims that its HVH technology provides improved motor performance and cooling effectiveness versus competitors. Its torque and power density delivers increased range in all-electric drive mode and is compact and lightweight, which contributes to vehicle efficiency.

Remy said that HVH motors have been chosen by brands like Mercedes, GM, Amp Electric Vehicles, Aptera, and Allison Transmission for its technology and the speed to market.

The Remy HVH electric motor technology can be integrated into a car, truck, motorcycle, transit bus and virtually any piece of equipment that can be converted to hybrid or electric.

John Weber, president and CEO of Remy, said: “These funds will help Remy establish a strong domestic manufacturing base for electric drive motor technology and accelerate the use of electric drive vehicles with higher fuel efficiency.

”This grant will allow for critical capital and human resource investment to create or protect 1,000 highly skilled jobs in the US for Remy, its partners and its supply base.”