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Keysight (KEYS) Collaborates With Jiyun for EV Transition

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Keysight Technologies, Inc. (KEYS - Free Report) recently announced that it has collaborated with Jiyun Technologies as part of its concerted efforts to shift to e-mobility for commercial vehicles. The collaboration will likely help accelerate the development and improvement of battery cells for electric vehicles (EVs) for customized battery life optimization and key actionable insights.

Beijing, China-based Jiyun focuses on smart electric vehicle technology and aims to leverage Keysight’s tailored battery test system to accelerate the development and launch of EVs. The company has delivered its regenerative power supplies (RPS7900 Series), Data Acquisition System (DAQ973A), Controller Area Network Interface (CAN) Bus communication interfaces and other hardware products to Jiyun.

The solutions will enable the firm to collect basic information such as battery voltage, current and thermal data, while the battery management system will help gather data and provide access to all parameters through a single software instance. These are likely to facilitate the development of effective battery solutions for wide-scale usage of EVs across the globe.

Electronic devices form the very fulcrum of Internet of Things (IoT) services, wireless devices, data centers and 5G technologies. The rapid adoption of these devices is increasing the demand for electronic testing equipment. Further, technological advancements in mobile communications, semiconductors and automotive markets are likely to drive growth. Moreover, the rising demand for power management applications is a key catalyst for Keysight. Sturdy efforts toward modifying the Internet infrastructure and evolution of smart cars & autonomous-driving vehicles bode well for its future growth potential.

Keysight’s efforts in emerging growth markets like IoT and high-speed data centers bode well for the top line. Particularly, management’s focus on Automotive and Energy, and Aerospace and Defense domains augurs well in the long haul. The company is expected to benefit from the growing proliferation of electronic content in vehicles, momentum in space and satellite applications and rising adoption of driver-assistance systems globally.

It has lost 9.9% over the past year compared with the industry’s decline of 13.2%.

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Keysight sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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