THECO OF SHANGHAI AND TREXEL, INC. EMBARK ON GROUNDBREAKING COLLABORATION TO SPEARHEAD ADVANCEMENTS IN THE EV MARKET

THECO holds a lead position in research and development of cutting-edge manufacturing practices within the New Energy Vehicle (NEV) industry in China. This strategic focus aims to accelerate China's NEV initiative, emphasizing state-of-the-art solutions tailored specifically for lightweight design and world-leading performance.  Trexel's MuCell(R) Technology and its expertise in global application will help THECO and the NEV industry in lightweighting and higher product quality.

THECO is an engineering and consulting company offering T0 mass production through the integration of advanced digital platforms and tools, including mold design, mold filling analysis, mold intelligent manufacturing platform, and injection molding intelligent system.

In a statement regarding the partnership, Levi Kishbaugh, CEO of Trexel, expressed enthusiasm for the collaboration, stating, "We are excited to combine Trexel's MuCell microcellular foaming capabilities with THECO's unique design and simulation capabilities in ways that fully capture the benefits of the MuCell process for electric vehicles."

This strategic alignment underscores THECO's commitment to advancing the automotive sector through meticulous design, cutting-edge lightweighting solutions, and a streamlined manufacturing process. THECO is set to play a pivotal role in driving China towards the forefront of state-of-the-art manufacturing practices for electric vehicles.

About Trexel, Inc.

Trexel, Inc., headquartered in Wilmington, MA, has led the development of the MuCell(R) microcellular foaming injection and has pioneered many plastic processing solutions focusing on sustainability and reusability. The MuCell(R) technology provides unique design flexibility and cost savings opportunities in the automotive, electronics, industrial, consumer, footwear and packaging. Process deployment as well as equipment are supported by teams of highly qualified engineers through Trexel subsidiaries throughout North America, Europe, and Asia.

(R)MuCell is a registered trademark of Trexel, Inc

For more information, please visit Trexel, Inc.
www.trexel.com.

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