Mobile-Menu

Battery systems New value creation for suppliers

From Hartmut Hammer | Translated by AI 4 min Reading Time

Related Vendor

FAULHABER Drive Systems

Vehicle suppliers such as Borg Warner, Boysen, Dräxlmaier, Elring Klinger, Valmet Automotive and Webasto have now also become battery manufacturers. Their entry strategies, target markets, and business volumes vary greatly.

In the Webasto plant in Schierling, battery modules and complex battery systems are manufactured in smaller volumes.(Image: Webasto)
In the Webasto plant in Schierling, battery modules and complex battery systems are manufactured in smaller volumes.
(Image: Webasto)

The motivation for entering the battery business is the same for all traditional suppliers: falling sales in other product areas are to be compensated for. Webasto and Valmet Automotive are focusing on large-scale production of car batteries. And not only that: "We now cover the entire value chain in the field of battery systems, from concept, development, prototyping, testing to production," explains Jyrki Nurmi, Senior Vice President EV Systems of Valmet Automotive. The turnover with battery modules and battery packs was about 1.1 billion euros in 2023, about 40 percent of the total turnover in the company. This share is expected to grow to significantly more than half by 2030.

Related content