How would you describe the mobility market in the United States? Youssef Souiba. The American market is unique in its historical importance for the automotive sector. As the industry’s birthplace, where the Ford Model T was first launched, the United States continues to wield significant influence, as evidenced by the rise of electric vehicles, connected vehicles, and self-driving vehicles. Today, the market produces an annual average of ten million vehicles. Despite a slight downturn in 2024, we are confident about the future. Privately owned cars are an integral part of American culture. Although thermal vehicles are still predominant, the number of electric vehicles is increasing, accounting for roughly 7.5% of sales today. The most positive forecasts predict an electric vehicle penetration rate of around 37% by 2030. Unlike Europe and Asia, the American market has a limited number of major manufacturers. Historically, it has been dominated by the “Big Three”: General Motors, Ford, and Stellantis, our biggest customers. OPmobility has developed a strong local presence and forged lasting partnerships, not only with these long-standing manufacturers, but also with European manufacturers based in the United States and new players in the sector. What is C-Power’s strategy in the United States? What are its strengths? Y. S. The C-Power Business Group has three product lines: fuel systems, depollution systems, and battery packs and electrification systems. It has a dual-focus strategy to support the changing market. With regard to thermal vehicles, we are a leader in the United States, with a current market share of 33% and a target of 40% by 2030. To reach this target, we are currently rolling out our “Last Man Standing” strategy, working to increase our market share in a consolidating industry. Our operational excellence makes the difference and is a key criteria for our customers. Electrification is our second source of growth. We are seeing an increase in market hybridization; although this takes many forms, we are able to respond to these changes with a range of innovative solutions, including our “INWIN 2.0” and “pressureless” fuel systems, both made with reinforced plastic. We firmly believe that hybrid vehicles will constitute a significant share of the market in the future. How does C-Power incorporate environmental issues into its activities today? Y. S. Environmental issues are not a recent concern for C-Power and have been at the heart of our research for more than 20 years. We are focused on both depollution and decarbonization. STAYING COMPETITIVE… … IN A FAST- CHANGING INDUSTRY YOUSSEF SOUIBA Executive Vice President, President of the C-Power Business Group, OPmobility
RkJQdWJsaXNoZXIy NTkwMzk=