Nemak launches global division for electric vehicles, structural parts
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As part of a strategy to supply components for electric cars and position itself in the segment of structural parts, Nemak created a global organization dedicated to these businesses, whose headquarters are located in Germany, said Armando Tamez, the company’s President.
"We’ve created a new role that is a vice president responsible for the development of the structural parts and electric vehicles businesses. The objective is to give a more solid approach and to be attentive to the demands of potential customers, product development and production,” Tamez said in an interview with El Financiero.
"The Structural & EV Components is a global unit based in Germany and the main objective is to have a focus on this business that is different from powertrain, blocks, heads and transmission parts," explained the official.
The changes in the dynamics of the global automotive industry in the following years, which tends to increase demand for hybrid and electric vehicles and the lightening of these, were reasons for Nemak to realign their growth strategy for 2025.
Tamez Martinez said that the company has earned several contracts to provide parts such as structural components, engine housings and trays for lithium batteries for BMW and Daimler.
He pointed out that the global market share for hybrid and electric cars is expected to reach 5% by 2025.
During the second quarter of the year the company launched a new program for Alfa Romeo from the Poland plant, and transferred from this country to Mexico another program for the new Audi Q5 SUV.
Nemak has announced its Vicepresident of Manufacturing and Product Development, Napoleon Cantu, has decided to leave the company "to pursue other professional opportunities". Ramiro Montero will now assume the position reporting directly to the CEO.
Montero has more than 17 years of experience in manufacturing and product development areas of Nemak's global operations, most recently serving as head of purchasing and smelting center operations in Mexico. The changes will be effective 1 September 2017.
Nemak specialises in the production of complex aluminum components for the automotive industry such as cylinder heads, engine blocks, transmission parts, and structural components.
The company employs more than 23,000 people at 38 facilities worldwide and generated annual revenues of US$ 4.3 billion last year.
Earlier this year, Nemak opened a new high-pressure die casting (HPDC) plant located in Monterrey, Mexico. The new plant's HPDC technology will support the production of aluminum automotive components, primarily engine blocks, transmission cases and structural components.
Additionally, the plant will feature a machining center for processing the components.