Magneti Marelli develops electric products, the world's seventh largest component supplier is transforming

Marelli, the world's seventh largest independent auto parts supplier, announced the establishment of a production facility for electric vehicle drive systems in Cologne, Germany.

will start production in the new factory of 18,000 square meters in the first half of 2021. There will be about 160 employees at the initial stage, and 60 employees will be hired later this year.

The company is headquartered in Saitama, Japan. It chose Cologne, Germany because of its location in the heart of Europe, highly skilled employees with experience in the automotive industry, and the high growth of electric vehicles in the region. The company did not disclose who the factory's customers are. Joachim Fetzer, CEO of Magneti Marelli Electric Powertrain Business, said: "Electric powertrain is the core element of Magneti Marelli’s development strategy. We already have extensive experience in the market. We are the first hybrid solution for Formula One racing KERS ( One of the early suppliers of kinetic energy recovery systems) and a pioneer in the electric powertrain of Formula E racing. "In the past few years, we have been very successful in bringing our electric vehicle technology to the mass market. With the new plant in Cologne Upon completion, we will continue on this path." Z2z

Earlier this year, Magneti Marelli invested in American Transphorm, which developed gallium nitride (GaN) technology for power electronics. Z2z

In the long run, Magneti Marelli It intends to expand its electric vehicle products, which currently include electric drives, thermal management systems, 800V systems, fast charging technology, battery management systems, cooling plates, electric compressors, etc.

The viewpoint of the house.