While much focus is put on OEM plans to launch more electric vehicles, a great deal of the technology, value, services and even design will come from both existing and emerging suppliers across the value chain. We expect many new opportunities for these companies over the next decade.
An electric vehicle powertrain contains many crucial elements that are both complex and expensive to develop, design and produce – and which are essential to the zero or low emissions technology of electrified powertrains. Along with batteries, these include an electric motor, transmission and motor controller (comprising a battery management system and power inverter).
We expect more than half of vehicle powertrains to be electric or hybridised to some degree by 2030, which will create enormous opportunities for suppliers across the value chain, including established powertrain specialists who have made gains or are poised to benefit.
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OEMs are rushing to bring out more electric SUVs in a bid to meet emissions targets and protect margins. But they will require innovations in design and engineering to stay desirable and competitive in an increasingly crowded field
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You asked, we answer. We return to the questions from our audience that we didn’t have time to answer in our live webinar, ranging from which parts of automotive tier 1 suppliers’ business models are at risk of commodification, to how tier suppliers are changing supply chain processes
