Diverse portfolio of electrification products as well as automotive software solutions to be on display at one of the world’s largest auto shows
SHANGHAI–(BUSINESS WIRE)–Garrett Motion Inc., a leading differentiated technology provider for the automotive industry, today announced plans to showcase its next-generation electric-boosting (E-Boosting) technologies for use in electrified powertrains, primarily for hybrid and fuel cell vehicles, at the 19th Shanghai International Automobile Industry Exhibition.
Garrett�s highly engineered E-Boosting products enhance vehicle performance while increasing fuel economy and reducing exhaust emissions, enabling automakers to meet strict environmental regulations, including China VI. Among the technologies to be highlighted include the companys 48-volt electric turbo (E-Turbo), which is in the final stages of industrialization for an initial mass-market launch in 2021 with a major European automaker. Garrett also intends to display its automotive software solutions that support the growing connected vehicle market, including the companys proprietary predictive maintenance and diagnostics, cybersecurity, and advanced control tools.
We are excited to showcase our next-generation E-Boosting technologies and advanced software solutions in Shanghai, said Olivier Rabiller, Garrett President and CEO. Demand across China the worlds largest auto market has rebounded significantly as our net sales in the country increased 32% during 2020 despite the impact of a global pandemic. In support of our robust performance combined with the positive industry fundamentals, we are currently expanding our production facility in Wuhan and preparing new production lines for E-Boosting products in Shanghai for new energy vehicles. Our focus remains on delivering value-added products and services to our global customers and meeting the needs of a rapidly evolving industry. We look forward to previewing our latest cutting-edge technologies for electrified powertrains and connected vehicles, and more, in a safe and compliant manner at Auto Shanghai 2021.
The broad portfolio of technologies in turbochargers, electrification and connected vehicle software to be featured by Garrett at one of the world’s largest auto shows include:
To learn more, visit Garrett in Hall 1.2, Booth BF121 at Auto Shanghai 2021, April 21-28.
About Garrett Motion Inc.
Garrett Motion is a differentiated technology leader, serving customers worldwide for more than 65 years with passenger vehicle, commercial vehicle, aftermarket replacement and performance enhancement solutions. Garretts cutting-edge technology enables vehicles to become safer, more connected, efficient and environmentally friendly. Our portfolio of turbocharging, electric boosting and automotive software solutions empowers the transportation industry to redefine and further advance motion. For more information, please visit www.garrettmotion.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of fact, that address activities, events or developments that we or our management intend, expect, project, believe or anticipate will or may occur in the future are forward-looking statements including without limitation our statements regarding and our Chapter 11 process. Although we believe forward-looking statements are based upon reasonable assumptions, such statements involve known and unknown risks, uncertainties, and other factors, which may cause the actual results or performance of Garrett to be materially different from any future results or performance expressed or implied by such forward-looking statements. Such risks and uncertainties include but are not limited to those described in our annual report on Form 10-K for the year ended December 31, 2020, as well as our other filings with the Securities and Exchange Commission, under the headings Risk Factors and Cautionary Note Regarding Forward-Looking Statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this document. Forward-looking statements are not guarantees of future performance, and actual results, developments and business decisions may differ from those envisaged by our forward-looking statements.
Contacts
Michael Cimini
Garrett Motion Inc.
+1 973 216 3986
michael.cimini@garrettmotion.com
Emma Liu
Garrett Motion Inc
+86 21 3865 2859
Yan.Liu3@garrettmotion.com
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