Global Electric Car Sales Surge 140% in Q1 2021
According to the International Energy Agency, global sales of electric cars have seen a massive 140% increase in Q1 2021. Valeo predicts that 70% of new vehicles will be hybrid or electric by 2030. A Valeo survey showed that 7% of respondents have already switched to electric mobility, with 66% considering the switch.
Source: LinkedIn survey administered by Valeo, June 2021
Electrification: A Strategic Green Choice for Valeo
Valeo leads in vehicle electrification, producing 30 million electric machines annually. As the world leader in 48V electric motors, Valeo's cost-effective technology is set to dominate 30% of the global market by 2030. Valeo equips 2 out of 3 cars with high-voltage solutions from 2019 to 2022.
New Electric Solutions in the Valeo Aftermarket Portfolio
iBSG 48V in the Aftermarket for Auto Repair Specialists
Valeo's iBSG (Integrated Belt Starter Generator) 48V system enhances internal combustion engine performance while reducing fuel consumption. Fifteen iBSG 48V part numbers are now available, with more to come.
New Electric Vehicle Brake Pads
By the end of 2021, Valeo will offer over 200 brake pad references for electric and hybrid cars, initially available in Europe.
Electrification's Long-Lasting Impact on the Aftermarket Business
The Automotive Aftermarket Suppliers Association (AASA) highlights the significant impact of electrification on the aftermarket. Valeo is committed to supporting automotive professionals through this transition.
