Top 10 Automotive Suppliers and Technical Partners to Watch in the Industry
The automotive industry is on the brink of a technological revolution, with suppliers and technical partners playing a crucial role in driving innovation. As the industry gears up to be worth US$980 billion by 2028, the spotlight is on companies that are pushing the boundaries of powertrain technologies and battery solutions.
Here are 10 companies to watch in the coming years:
1. Hyliion: Focused on making electric vehicles more affordable and accessible, Hyliion offers range-extender options like the ERX, which can run up to 1,000 miles on renewable natural gas.
2. Bosch EV Solutions: With a range of charging solutions for home, public spaces, and workplaces, Bosch EV Solutions is ensuring its relevance in the post-ICE world.
3. WeaveGrid: Modernizing old electrical grid infrastructure, WeaveGrid is preparing cities for the growing number of battery-powered vehicles on their streets.
4. Aptiv: Mastering software and networking for EVs, Aptiv’s electrification product portfolio includes high-voltage electrical connectors and charging cord sets.
5. Freewire Technologies: Offering ultrafast chargers that can replace Level 2 products, Freewire is reducing installation and operating costs while providing quick charging solutions.
6. ChargePoint: Managing a network of charging stations globally, ChargePoint has seen significant growth and is committed to delivering reliable charging facilities.
7. WiTricity: Pioneering wireless charging solutions for EVs, WiTricity’s resonant coupling technology enables power transfer over long distances.
8. Sila: Focused on improving battery performance, Sila’s silicon-based batteries offer increased energy density without compromising cycle life.
9. Electra Vehicles: Developing electric energy storage systems for vehicles and power grids, Electra Vehicles aims to improve energy consumption and battery lifetimes.
10. Lightning eMotors: Designing zero-emission vehicles for commercial fleets, Lightning eMotors converts traditional vehicles to run on electric power, making a significant impact on the environment.
These companies are at the forefront of innovation in the automotive industry, shaping the future of transportation with their cutting-edge technologies and solutions. Keep an eye on them as they continue to make a real difference in the sector.