Thanks to the electrification of the powertrain, innovation in the automotive industry is happening faster than ever. Short time to market for electric vehicles (EVs) and hybrid vehicles (HEVs) is one key to be successfull for OEMs and tier 1 suppliers.
These are challenging and exciting times for the automotive industry. In 2020 the current EU regulations that set CO2 emissions standards for cars and vans will be replaced with stricter targets to be met by 2025, so innovative solutions are necessary to secure high mobility comfort at low emission rates. Our customer Volvo Car Corporation aims to have 50% of their annual sales come from fully electric vehicles.