According to estimates made by sources at suppliers, the powertrain system produced by Taiwan-based Delta Electronics has gained at least 70% of the market share of the world's top-20 carmakers, and the penetration rate is expected to continue rising.
Despite tough competition in the powertrain segment with Bosch and Continent, Delta's technological edge and market positioning are what make it stand out. Electrical components have been one of Delta's main sources of income, but meanwhile, the company has long been investing in developing algorithms for cars.
Sources at suppliers said Delta has long ago acquired crucial verifications, IATF 16949 and ISO 26262, as a car supplier. With its mature technologies and products, Delta won the hearts of major carmakers in no time. About 15 out of the top-20 carmakers are Delta's clients, accounting for 70% market share. And in most cases, Delta got to work on the car designs with carmakers, according to sources.
Penetration of Delta's powertrain continues to rise as carmakers' shipments of EVs increase. Some imported high-end models by Porsche, BMW, and Audi carry Delta's powertrain inside, said sources.
Delta's product Credit: DIGITIMES
Article translated by Yusin Hu
