From energy transition to digital implementations, mobility is undergoing profound transformations as it becomes more sustainable and more technology-focused. Plastic Omnium is extending its range of products and services for all powertrains, and focusing on software to meet the growing needs created by new mobilities. How are you adapting your products to these new trends? We have secured several targeted strategic acquisitions that means we are now in a position to serve all forms of mobility and powertrains, from traditional ICE to hybrids, electric and hydrogen. The acquisition of e-Power in 2022 gave us a new technology platform for designing electronic components and systems for storing and managing electrical energy, aimed at heavy mobility customers. Our product portfolio is expanding, for instance with our acquisitions in lighting, allowing us to offer a major new component in terms of style, safety and comfort and whose connectivity with the rest of the vehicle is key. Synergies with our module and bumper activities mean we can offer our customers solutions that are completely integrated. Lastly, we have also just launched OP’nSoft, an activity 100%-focused on the software that is becoming central to every system we design. What role does innovation play? We’re at a turning point as mobility reinvents itself, leading to a shift in the frontiers that used to define the industry as we know it. This disruption drives us to take a fresh look at innovation, sealing new partnerships such as, in France, the 2022 agreement with the CEA (French Alternative Energies and Atomic Energy Commission) for developing new electrical technologies, or the tie-up in the USA with MIT (Massachusetts Institute of Technology). We have also entered into an agreement with TotalEnergies to design recycled materials that will meet the automotive industry’s demanding standards. When it comes to decarbonizing our activities, Schneider Electric is supporting us as we roll out our roadmap. Our practices in terms of innovation are changing too, as exemplified by the Innovation Challenge which sees employees team up with outside actors to propose innovative projects. The 2022 Challenge focused on our commitment to environmental responsibility, looking at recycled materials and eco-design for vehicles. We are also increasingly turning to an open innovation approach in our work with startups, a process that introduces us to technologies that are advanced, agile, or even disruptive. Multiform and open, innovation is at the heart of our strategy. 38% of light vehicles will be zero emission in 2030 90% of light vehicles will be connected in 2035 83% of light vehicles will be partially self-driving in 2030 Source: S&P Global Mobility 2022, Frost & Sullivan 2022, McKinsey 2021 27
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