The latest news from the sector Blog
May 2022 | Products

Automotive innovation: 3 trending innovations for the sector

Innovation has always been an important item for the automotive sector from diverse points of view: safety, features, design and so on. It is a fact that automotive innovation challenges have evolved through time and years. Today, the industry automotive suppliers has pointed out the challenges to which the sector is facing.

  1. Promote the sector’s sustainability by accelerating the electric mobility. For that, it is necessary to renew the automotive park adding more electric vehicles, lower battery prices and create an electromobility network which enables us to recharge easily on the road.
  2. Accelerate the value chain’s digital transitions as a whole with the goal of avoiding resource wasting besides improving productivity, rentability and competitiveness.
  3. Move to a smart and connected autonomous vehicle to satisfy new consumers’ expectations and search for experience (comfort and entertainment), safety and driving comfort.

Autoparts from Spain, devoted to automotive innovation to face these challenges

A distinctive item in the industry of automotive suppliers in Spain is quality. Without a doubt, it is the main identifier in the sector.

This high-level quality is obtained thanks to strict quality standards in all and every phase of the product and process from design to manufacturing including distribution.

With this in mind, a notorious percentage of investment from Spanish automotive suppliers goes to automotive innovation. It intends to assure the highest quality in process and products pursuing optimization therefore a higher efficiency.

In this way, with an automotive innovation investment over 4% of their annual billing, the automotive suppliers in Spain are a leading sector in automotive innovation both nationally and overseas. Automotive innovation investment figures triple the Spanish industry sector’s investment average.

This goes hand-in-hand with a top efficiency and productivity level and a highly qualified human power. The Spanish industry of automotive component suppliers is heavily present overseas in more than 170 countries in the five continents.

The vehicle’s value chain is very influenced by the sector which provides 75% of it.

The above-mentioned facts allow the Spanish automotive suppliers to offer a high added value thanks to ongoing improvement processes on product, process and service.

In this way, Autoparts from Spain is a platform which gathers Spanish suppliers to make visible their efforts in automotive innovation and empower their exporting potential. Do you want to know who they are? You can access the directory of automotive component manufacturers belonging to Autoparts from Spain.

 

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