A great market potential for Sustainable Mobility headlines Faurecia’s Investor Day

Faurecia highlighted the strong profitable growth potential of Faurecia Clean Mobility Business Group at its June 27 Investor Day session in London. The approximately 100 attendees representing banks, investors, analysts and the press heard from the company leaders regarding the outlook for Sustainable Mobility, one of the Group’s strategic priorities. 

“As the leader in the sustainable mobility market, Faurecia will benefit from its strong technology and innovation portfolio to increase content per vehicle for both passenger cars and commercial vehicles,” said Faurecia CEO Patrick Koller. “Our ambition is to provide clean mobility solutions for existing customers as well as in adjacent and new markets.”

 

By accelerating new technologies for powertrain electrification and expanding breakthrough deNOx technologies for commercial vehicles, high horsepower and industrial applications, Faurecia projects Sustainable Mobility should generate more than €10 billion in revenues by 2030, and an operating margin of 15%. 

 

Regulatory requirements to lower vehicle CO2 and NOx emissions are driving changes to the powertrain mix in all markets. Almost half of all vehicles are expected to be electrified as either hybrids or full electric vehicles by 2030 and both battery and fuel cell electric vehicles are poised to grow. Offering solutions for all types of powertrains, Faurecia is benefiting from this trend as its increased contribution on hybrid and gasoline vehicles. 

 

Market diversity and geographic positioning

Faurecia also sees opportunity in adjacent market opportunities in high horsepower and industrial deNOx applications. The diversity of the company’s customer base will continue to expand as new regulations affect new sectors.

The company is also well-positioned in China and India, which represent 48% of global market volume for commercial vehicle sales and are subject to increasingly stringent emissions standards. With its global footprint, patented technologies and innovations, strategic partnerships and joint ventures, Faurecia will more than double the content per vehicle for both on and off-highway commercial vehicles. The company is projecting to increase its share of this market from 12% today to 27% by 2030. 

 

 

 

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