If there have been a British automobile firm in existence at this time, with a workforce of 27,000 individuals in 20 nations, that harboured a lot design functionality that its experience had been evident in half of the 80 million automobiles made final 12 months globally, its model could be a family title, proper?
Nicely, there’s a British automobile firm that matches the invoice, however for the insertion of 1 further phrase: parts. This UK-based international enterprise is definitely a automobile parts producer, however as a result of its core merchandise don’t really roll on their very own wheels, it sits considerably under the radar in contrast with a Vauxhall, a Land Rover and even an Aston Martin, all of that are puny by comparability.
The corporate is GKN Automotive, a London-based know-how group that payments itself as the worldwide chief in automotive driveline and e-drive techniques. It has six R&D websites and 51 factories around the globe, made 80 million driveshafts final 12 months, is a “trusted provider” to 90% of the world’s automobile makers, generated annual gross sales value £4.7 billion in 2019 and goals to do even higher this 12 months, buoyed by fast development in demand for its electrical drive techniques, which may imply motors, gearboxes, axles, inverters and energy electronics.
However even this isn’t sufficient for GKN’s formidable CEO of the previous three years, Burnley-born Liam Butterworth, who not too long ago unveiled plans to double the agency’s measurement by 2030 by staying at the forefront of the frenzy in the direction of electrification.
Already the chief in built-in e-drive techniques (1.5 million EV propulsion techniques delivered so far), GKN not too long ago introduced a transfer into superior 800V tech, honed through a partnership with Jaguar Racing in Formule E. In keeping with Butterworth, this can “create faster-charging automobiles with improved driving efficiency, battery vary and even higher efficiencies.” Experimental 800V GKN techniques are already present process superior growth in real-world functions.
In contrast to different EV specialist firms whose progress is commonly geared to the uncertainties of battery progress, GKN’s driveshaft-plus-edrive enterprise guarantees comparatively hassle-free growth, so long as it might proceed to deal with the necessity for fast change. In 2019, round 90% of GKN’s merchandise went into inner combustion automobiles, however by 2025 the corporate forecasts that the ICE proportion could have halved, with delicate hybrids making up 29% of its market, full hybrids accounting for 11% and battery EVs taking 15%.