claude leichle powertrain systems business group ......hybrid / electric systems stop & start...
TRANSCRIPT
Claude LEICHLE
Powertrain Systems Business Group President
Electric machines
#1 Worldwide
#2 Worldwide
Electric machines
Transmissions
Electric machines
Transmissions
Air loop & engine management
Electric Supercharger
1st to Market
Electric machines
Transmissions
Air loop & engine management
Power electronics
Power electronics
needed for all
applications
Electric machines
Transmissions
Air loop & engine management
Power electronics
Powertrain well positioned to
catch all market opportunities
Growth +5% compare to 2013*
Total sales
3.3Bn €
* OEM sales growth on a like-for-like basis
+1.8pt compare to 2013
EBITDA
12.3% of sales Production sites 37
Employees 18,400
Countries 18
Research & Development centers
21
11% Turnover
12% Headcount
North America
47% Turnover
48% Headcount
Europe
11% Turnover
13% Headcount
China
3% Turnover
4% Headcount
South America
28% Turnover
23% Headcount
Asia excl. China
Today
16 Production sites
7 R&D centers
Production site
R&D center
Michel FORISSIER
Powertrain Systems R&D and Product Marketing Director
CO2 regulations
Pollutants regulations
109
95 105 117
Europe
Japan
China
USA g CO2/km
Regulatory boards are paving the
next 20 years
End users value
Fuel efficiency
#1...
…but they want
fun to drive! 2016 Audi RS5 TDi - 386 HP
2015 Ford F150 - 411 HP 2014 Mercedes PU106A Hybrid - 740 HP
2015 Dodge SRT - 707 HP
More Power No pollutants More Fuel Efficiency
Courtesy Mazda, VW-Audi, Honda
Super Efficient Engines
Super Efficient Transmissions
Hybrid / Electric Systems
Super Efficient Engines
Downsizing with turbochargers
Direct injection
Variable valve timing
Thermal management
New combustion techniques
Torque assist via electric motors
Super Efficient Engines
Downsizing with turbochargers
Direct injection
Variable valve timing
Thermal management
New combustion techniques
Torque assist via electric motors
Turbos
Supercharger
6% +++
9%
8%
27%
21%
30%
Market CAGR 14-24
Super Efficient Transmissions More speeds : 6, 7, 8, 9 10!
Automatic Manual Transmissions
Dual Clutch Transmissions
Continuous Variable Transmissions
Integration of electric motors
Electric clutch
Electric clutch
More speeds : 6, 7, 8, 9 10!
Automatic Manual Transmissions
Dual Clutch Transmissions
Continuous Variable Transmissions
Integration of electric motors
13%
8%
8 - 12%
12%
4%
17% Overall market CAGR 14-24: 4%
Market CAGR 14-24 Super Efficient Transmissions
Hybrid / Electric Systems
Significant growth potential on top of current powertrain
technologies
Hybrid / Electric Systems Stop & Start
Mild Hybrid
Plug-In Hybrid
Electric Vehicle
Electric Vehicle with range extender
Full Hybrid
Hybrid / Electric Systems Stop & Start
Mild Hybrid
Plug-In Hybrid
Electric Vehicle
Electric Vehicle with range extender
Full Hybrid
Overall market CAGR 14-24: 4%
11%
36%
17%
33%
18%
15%
Market CAGR 14-24
15,0
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Every year, new technologies emerge and take significant penetration rates:
Valeo is addressing all of those
new technologies
41 Mu
14 Mu
3.2 Mu
Dampers Dual clutch Electric Supercharger
Launch of Valeo double dry clutch
Launch of Valeo pendulum technology
Launch @ premium OEM of electric supercharger
Launch of Valeo double wet clutch for several OE
Mass production of electric supercharger
Every year, new technologies emerge and take significant penetration rates:
Valeo is addressing all of those
new technologies
20,0
2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
51 Mu
6.5 Mu
1.5 Mu
2.5 Mu
7 Mu
Stop & Start 12+12V 48V PHEV Battery EVs FCEV
2004…
Launch of Valeo
12V StARS microhybrid
Electric Vehicles > 1 M/year with battery costdown
Fuel Cell emergence
12+12V massive application @ Premium OEMs
Plug-In Hybrids
incentives in EU, China & US
Mass production of 48V systems in EU, US & China
Standard SR motor
Common electronics 12 or 48V
Standard housing
with adaptations
One technology, several applications,
1st SOP early 2016
CAGR 14-24 +++
60% M/S in 2024
Tailored compressor
A breakthrough in engine dynamics and efficiency
Electric Supercharger:
Instantaneous response
Better fuel economy
Improved performance
Dry technology
for fuel economy
In production in China and Korea since 2014
We master both technologies
CAGR 14-24 12%
18% M/S in 2024
Wet technology for
high torque / high demand
In production in Europe 2016
CAGR 14-24 +++
30% M/S in 2024
Same DNA Same structure Same assembly
Same Capex
25 million machines produced
in 2014
12V
Alternator
High efficiency
generator
Micro-Hybrid
iStARS
CAGR 14-24 11%
Mild-Hybrid
iBSG
48V
Regenerative braking
Torque assistance and boost
Sales 2014
3.3Bn €
EBITDA 2014
12.3% of sales
~13,5pt
+~11% CAGR
2020
Powertrain growth 11% CAGR*
Powertrain market growth
7% CAGR
*OEM Sales
Electric supercharger Dual clutch transmission Pendulum damper
Growth above market, thanks
to powertrain innovations
4 000
2 000
0
2013 2019
Growth engines
Business as usual