Electric Cars

13: Hanon Systems on Electric Vehicles

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Expectations for platform-driven top-line growth The increasing utilization of platforms should allow component suppliers with high revenue exposure to key platforms to expand their market presence. Hanon Systems supplies electric compressors for Volkswagen’s MEB EV platform; we expect electric compressor revenue to increase further, once Ford adopts the platform. Electric compressors will yield higher margins […]

Electric Cars

12: Automotive HVAC Market

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Automotive HVAC (Heating Ventilation and Air Conditioning) is the system utilized for maintaining a pleasing temperature and ambient interior conditions in an automobile. The temperature inside the automobile is accustomed to a degree comparable to the temperature of the surrounding. The automotive HVAC system thus assists to maintain temperate conditions that are conducive for driver and passenger […]

Electric Cars

2: 6 Important Components of Electric Cars

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Cars using electricity for some part of their motive power are becoming far more common, with more than 250,000 electric hybrid vehicles sold every year since 2007. Once confined to only a handful of major cities, electric vehicle charging stations are now found throughout the United States, with more than 14,000 operational from coast to […]