2040, the year where sales of new petrol and diesel cars are banned, might seem a long time off and yet we’ve been working behind the scenes as Electric Vehicle component manufacturers supplying to the EV chain for some time.
Positioning ourselves as a collaborative partner alongside a number of leading electric car innovators, engineers and manufacturers, we have diversified our product portfolio and invested in future technologies to continue improving our service and expertise in this developing market.
Supplying components for EV transmissions, electric drive motors, electric drive modules and thermal management, comprising of key technologies and advanced materials across a range of electric capabilities, we have achieved rapid growth in a rapidly advancing market.
Hyundai recently joined a number of other established brands that have committed to developing EVs, including Volvo (who have said every vehicle it launches from 2019 will have an electric motor) Volkswagen, Chevrolet, Porsche, Toyota and Nissan and with EV sales up by 45% this year from 2016, and prices generally dropping, it’s easy to assume electric cars may soon dominate the auto industry.
The National Grid predicts that by 2050, there could be up to 26 million electric vehicles on the road in the UK. Growth in electric vehicles alone could save 2m barrels of oil per day by 2025.
European Springs & Pressings is proud to be part of a network of EV engineers and manufacturers supporting a cleaner, more energy-efficient world.