Engineering a Cleaner, Healthier World - Financial Overview
Advanced Solutions
Markets
Products
Brands
MODINE
Engineering a Cleaner, Healthier World
Invest in growth of EV Systems business to improve mix and offset revenue decline in air and
liquid cooled applications
BATTERY
ELECTR
A
Bus & Truck
Specialty Vehicle &
Off Highway
Last Mile
Delivery
Coatings
Battery Thermal
Management
System
GulfClean
Electronics
Cooling
Package
Fuel Cell
E-Coat-Epoxy
Stack Cooling electrodeposition
Package
service
Spray Coating-
Licensee and
DIY
MODINE
EVantage
ElectroFin heat transfer
coatings
InsituⓇ
Engineering a Cleaner, Healthier World
Market Opportunities
Government policies and incentives supporting energy
source decarbonization and emission management
Accelerating focus on renewables, which are becoming
cost-competitive with fossil fuels
EV components & systems FY23 revenue - $50 million,
targeting 5-year CAGR of 40-50%
Competitive Advantage
Modine's EV systems accelerate electrification by
delivering optimal thermal performance and ease of
integration
Our coatings products extend the life of equipment and
components by preventing corrosion
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