Cheap Electrification push remains strong despite pandemic online sale

ByElle Pop

Cheap Electrification push remains strong despite pandemic online sale

Electrification push remains strong despite pandemic BorgWarner Chief Technology Officer Hakan Yilmaz says the shift toward electrified powertrains is happening at full speed, especially in Europe and China, despite challenges created by the coronavirus outbreak. get back to work. He shared views on these topics and more with Automotive News Europe Managing Editor Douglas A. Bolduc. Will the crisis negatively affect the global shift toward electrified powertrains? The main driver for electrification today is CO2 legislation. Will it change? I don’t know. As of now, however, the Chinese government plans to extended its NEV [new energy vehicle] credits for another two years. In Europe, the CO2 legislation is still there so electrification is going ahead at full speed. What about development programs launching in two to three years? I haven’t seen any major indication that our customers are going to pull back on electrification. and Chinese markets appear to have different goals when it comes to electrification. It’s all going toward electrification but at different rates. In China, we have had electric drive modules in production with two EV companies for the last two years and our P2 hybrid modules are launching there. We strengthened our position in Europe based on the scale and the capabilities we built up in China. That has helped us win European business on high volume hybrid programs at well known automakers. market. are less stringent than in Europe or China, the vehicle footprint and the weight are a lot more because there are a lot of SUVs and pickup trucks there. What’s the future of globalization in the aftermath of the pandemic. Will it force the industry to shorten supply chains? That’s a very complex question. My answer is: It depends. That is what we do as part of our LAGS [local accountability, global strength] business model where we mostly isolate those regions from each other. It’s not 100 percent. There are some areas where parts are being shipped. Our regional units are in charge of their businesses. That really gives us a tactical advantage when responding to a regional situation. The industry has been going in that direction for a long time. What if a customer doesn want parts from China or any other place hit hard by the pandemic because of fears they could have traces of the virus? We need to avoid mixing emotions with facts, which is difficult because there are a lot of emotions as we encounter a situation that we have never lived through before. I think things will be more clear in the next couple of months as we come out of this crisis in a managed and controlled way. Then we can go back and reflect on what happened. After the earthquake in Japan in 2011 there were brief talks about not investing in earthquake zones, but we still do. In the end, we need to be pragmatic. It’s all about risks and opportunities. We replica hermes shawl need to look at the facts to make business decisions.

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