Future Transport Sustainable Mobility Week of HSBC – The Electric Wave (en anglais)

The Electric Wave

Michel FORISSIER - Valeo Group Chief Engineering & Marketing Officer

HSBC, Nov 8th, 2021

VALEO RESERVED

May 2021 | 1

OUR OBJECTIVE.

LEADING. THE ELECTRIFICATION. REVOLUTION.

VALEO RESERVED

May 2021 | 2

ELECTRIFICATION IS NOW ACCELERATING

	BEV sales				Regulations				China
	21%	by 2030								Push through NEV credits
	61%	in 2040								as well and strong
				++ ++ +/-				infrastructure push

City bans	EVs Launched
+20 cities	+500
have announced	from 2018 to 2023
banning plans

source: McKinsey

VALEO RESERVED

May 2021 | 3

ELECTRIFICATION IS NOW ACCELERATING

WW Electrification Forecast Scenarii (Mveh)

• Electrification forecast compliant with voted CAFE(1) regulations
• Taking into account specificities of each country; such as
• Euro 7(2) implementation in 2027 & potential China 7 around 2028 - 2029

5%

28%

BEV		41%
			56%
PHEV
HEV
48V
Conv.

	2019	2026	2030	2035
		REFERENCE SCENARIO
VALEO RESERVED				May 2021 |

(1) Corporate Average Fuel Economy - (2) 48V necessary to supply heated catalyst

~40% OF THE HV MARKET SHOULD REMAIN OUTSOURCED

with a 40% CAGR between 2019 and 2030

HV electric powertrain market (eDrive incl. reducer, eMotor, inverter, OBC-DCDC) in €bn

6.2B€

23.7B€

32.5B€

x5

12.7B€

56.2B€

78.9B€

2019			2026	2030
		In-house			Outsourced

VALEO RESERVED

May 2021 | 5