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November 7, 2005

USA: Delphi wins Ford Escape platform electric power steering contract

Delphi Corporation has confirmed previously announced new North American electric power steering business is with Ford for the Ford Escape small SUV.

Delphi Corporation has confirmed previously announced new North American electric power steering business is with Ford for the Ford Escape small SUV.

The 2008 model year platform also includes the Escape hybrid and Mazda Tribute derivatives.

It’s the first time Delphi has supplied its electric power steering system to Ford.

“We currently supply steering columns and other steering components to Ford and are very pleased to add electric power steering,” said Delphi Steering president Robert Remenar in a statement.

Remenar added that higher petrol prices, positive market reaction to vehicles with hybrid powertrains, and high US sales of trucks and SUVs driving OEM fleet CAFE ratings up are all factors that influence the need for technology that can help improve fuel economy on passenger vehicles.

Delphi has produced more than 3.5 million EPS units since its system was first introduced in Europe in 1999.

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What does the future hold for the US electric vehicles market?

The US Electric Vehicles (EV) market has established itself as one to watch. Despite China maintaining the number one spot, the US holds significant standing as one of the major EV markets, with GlobalData’s whitepaper identifying a strong growth trajectory within the forecast period. This report further analyzes the trends, market drivers, and government incentives set to influence and facilitate the market.   This report also looks beyond the US and touches on environmental concerns set to drive the EV market worldwide.   Want to find out more? This report demonstrates GlobalData Explorer’s sector analysis capabilities, showing how you can:  
  • Get historical and forecast market sizing data, with country specific insight for 22+ of the world’s largest industries
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  • Analyze news from GlobalData Explorer’s News Database – enable screening and alerts by industry, company, geography and news sentiment for filtered insight
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