French auto parts maker Faurecia said May 23 that it invested in the U.S.-based technology startup Promethient for innovative thermal management solutions.
Promethient, which designs and produces thermal management technology, makes a climate control technology, Thermavance, that is adaptable for multiple vehicle thermal use cases. It heats and cools through conductive heat transfer, offering significantly higher efficiency than current convective technology.
The French company did not disclose the financial terms of the investment.
