Marelli returns from restructuring with a new game plan

This includes preparing for accelerating EV sales around the world in the next few years. Slump said Marelli, which has significant business related to conventional powertrains and exhaust systems, is taking a regional approach to electrification.

The company sees rapid adoption of EVs in Europe and China, driven by market demand and government policies. The company plans to hire around 1,000 engineers in India to strengthen its technical operations in India.

Marelli will manufacture components for internal combustion engine vehicles in these markets as automakers look to regionalize their supply chains. However, in Europe and China, Slump said he will reorganize factories to produce his EV parts for those markets.

“I would say it’s difficult to integrate the former Kansei and Marelli because it’s a large footprint of 140 factories,” he said. can say.”

“So in Brazil and India we believe there will be a long tail of ICE powertrains, but there is a shift towards electrification in places like Europe.”