Ambition & Strategy
At Novares, we believe that plastic solutions will contribute to the evolution of the automotive industry.
We see, automotive players in the near future, increasing their need for global supplier partners to produce plastic solutions that will enable clean, lighter, more connected, user-friendly cars.
MARKET TRENDS
The competitive automotive market is consolidating, market share tightening, especially in Asia. This trend has resulted in the need for agile suppliers to provide global integrated platforms. Producing technical plastics such as plastic injection, metal to plastics, is in our DNA.
We believe that plastic solutions will contribute to the evolution of the automotive industry.
Rules and regulations are increasing and there is a need for more car equipment, energy efficiency, CO2 emission reduction, increase in safety & comfort for passengers, better designs and driving ease. OEMs premium and top of the range needs are growing. Growth drivers of the automotive world.
• Clean Hybrid and electrical vehicles, connected to clean cars and vehicle autonomy.
• Powertrain shift from ICE to hybrid and battery electric vehicles. Higher total engine plastics content in hybrids and BEVs (vs. combustion engine).
• Connected autonomous cars
• Market needs added-value plastic for premium cars, top of the range products.
• Increasing importance of interior quality and comfort.
• User friendly smart surfaces in car interiors
• Tactile, on-board electronic, HMI, radars, sensors.
• Light weighing to reduce consumptions from 6 to 8% in the end.
• Continued metal-to-plastic shift to reduce emissions and increase range in EVs.
OUR VISION
Automotive players will increasingly need global partners to develop and produce technical plastic solutions that will enable the future of the automotive world.
Novares believes that plastic solutions will contribute to the evolution of the automotive industry.
Plastic solutions will support the progressive enhancement of user-friendly cars, with new Human Machine Interfaces for connected cars, advanced air conditioning and stylized cockpits.
Plastic components will embed solutions for ADAS (Advance Driver Assistance System) and will keep on contributing to style.
Our main focus and strength is to design, create, produce innovations that will meet the growing need for producing energy efficient, light, electrical cars. The auto market is moving away from using heavy metal parts that contribute to fuel consumption. Thermoplastic components promote the reduction in weight by reducing thickness and optimizing structures. Using engineered plastics are a real solution to this problem and contributes to lightweight, ‘cleaner’ vehicles.
Our activity and expertise start from the transformation of raw plastics materials, to the assembly of parts & systems, then decoration – all of which require complex industrial processes and advanced technological skills.
Raw plastic materials are transformed, then assembled to make engine parts and automotive components lighter. Specific techniques are used such as plastic injection moulding where the parts are created, assisted by gas & heat, then cooled to take shape. We focus 100% on value-added plastic parts with leading designs, engineering & materials capabilities.
We see, automotive players in the near future, increasing the need for global supplier partners. The automotive market is dynamic and growing approximately 2% annually, worth €39Bn. By 2023, 107.4 million units of light vehicles will be produced. This a clear opportunity for Novares to grow using our strengths.
AMBITION & STRATEGY
Our mission is to partner with our customers, drive plastic solutions that will enable the future of automotive industry to come to life.
We want to be a recognized leader, among the top 10 in each of our product lines.
Our agility, responsiveness and capacity to integrate our components and systems with customer demands are critical for our growth.
Our aim is to be close to our customer sites in Europe, Americas, Asia in order to best serve them.
OUR STRATEGY IS BASED ON 4 PILLARS
1
GLOBAL EXPANSION
with a focus on growing
in China
2
A STRUCTURED
RANGE OF SOLUTIONS
focusing on 5 product lines
3
VALUE CREATION
DIFFERENTIATION
THROUGH INNOVATION
4
SMART GOVERNANCE
SYSTEM*
to ensure performance
*SMART is our Governance System, created to address market requirements and customers’ needs. It is a unique governance system, including our standardized Best Practices, Rules & Tools.
LEARN MORE ABOUT NOVARES