Honeywell and Nexceris team up to improve safety of electric vehicle batteries

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Honeywell International Intrinsic Stock Value – Honeywell International ($NASDAQ:HON) Inc. is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. The company operates in three business segments: Aerospace, Building Technologies, and Performance Materials & Technologies. Honeywell announced on Thursday that it is expanding its partnership with Nexceris, a developer of Li-ion Tamer lithium-ion gas detection solutions, in order to improve safety of electric vehicle batteries. Under the expanded partnership, Nexceris will co-develop sensor based solutions to help prevent conditions leading to thermal runaway in EV batteries that may cause fires. The companies will also collaborate with leading global vehicle manufacturers to deliver advanced gas detection solutions in EV battery packs which would allow for early intervention and help make electric vehicles safer.

Thermal runaway is a condition in which an increase in temperature causes a corresponding increase in rate of chemical reaction, leading to a further increase in temperature. If not properly managed, it can lead to fires or explosions. The partnership between Honeywell and Nexceris will help to develop solutions that will detect potential thermal runaway conditions in EV batteries and take action to prevent them from occurring. This will make electric vehicles safer for both drivers and passengers.

Market Price

Honeywell and Nexceris have teamed up in order to improve the safety of electric vehicle batteries. This is good news for the company, as electric vehicles are becoming increasingly popular. However, on Thursday, HONEYWELL INTERNATIONAL stock opened at $220.3 and closed at $217.4, down by 1.0% from previous closing price of 219.6. Live Quote…

About the Company

VI Analysis – Honeywell International Intrinsic Stock Value

Honeywell International Inc. is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. The company operates in four business segments: Aerospace, Building Technologies, Performance Materials & Technologies, and Safety & Productivity Solutions. Honeywell’s products and services are used in a variety of industries, including aerospace, building technologies, chemical processing, oil and gas refining, power generation, transportation and more. Honeywell’s stock is currently traded at $217.4, a fair price overvalued by 8%. The company’s fundamentals reflect its long term potential and the intrinsic value of Honeywell’s stock is around $201.4, calculated by VI Line. More…

VI Peers

Honeywell International Inc is an American multinational conglomerate company that produces a variety of commercial and consumer products, engineering services and aerospace systems for a wide variety of customers, from private consumers to major corporations and governments. Its competitors include Signet International Holdings Inc, LCTI Low Carbon Technologies International Inc, Noritake Co Ltd.

– Signet International Holdings Inc ($OTCPK:LWCTF)

Noritake Co Ltd is a Japanese company that manufactures and sells tableware and other ceramic products. The company has a market cap of 58.36 billion as of 2022 and a return on equity of 6.39%. Noritake Co Ltd has a long history, dating back to 1904 when it was founded in Nagoya, Japan. The company’s products are sold in over 90 countries and it has over 8,000 employees. Noritake Co Ltd’s products include dinnerware, flatware, glassware, and giftware. The company also manufactures and sells hotel wares, industrial ceramics, and electronic ceramics.

Summary

Honeywell International is a large American conglomerate that focuses on a variety of industrial and technological products and services. The company has a strong focus on innovation and has been investing heavily in research and development in recent years. This has allowed Honeywell to bring new and improved products to market, and has helped to drive growth.

Honeywell is a large and diversified company with a long history of success. The company is well-positioned for continued growth in the future, and is an attractive investment for those looking for exposure to a variety of industries.