A group of Midlands-based manufacturers has set its sights on taking a share of the expected £300bn spend on vehicle electrification.
The Manufacturing Assembly Network (MAN), which is made up of eight subcontract manufacturers and a specialist design agency, is already supplying components to 10 projects focused on battery development and electric motors, and is expecting this figure to more than double over the next 12 months. Bosses at the collective point to its ability to offer a single source solution, with 1st tiers and major blue-chip OEMs able to tap into a host of engineering disciplines, ranging from concept design, precision pressings, laminations and forgings, to castings and fabrication.
“I can’t remember the last time our members have been so excited about the potential opportunities presented by just one sector; spend on automotive electrification is going through the roof and legislation is driving it,” explains Rowan Crozier, CEO of Brandauer and chairman of MAN. “A single electric car can contain anything between 70 and 150 electric motors, which makes it a very exciting opportunity for parts manufacturers. We are already supplying a number of firms with electrical steel laminations.”
For further information www.man-group.co.uk