Even though consumers are still barely tiptoeing into the waters of electrified vehicles, suppliers around the world already are profiting from the industry's move toward electrification in the face of tightening emissions standards and local pollution regulations.
Electrification — from drivetrains to smaller components such as heaters and suspensions — is shaking up the supply chain, analysts and industry executives say. That leaves an opening for small, agile companies to develop specialized components and forces larger ones to confront their future.
GKN is one of several global suppliers now on board. And it was a moose that convinced the British engineering company that electrification should be the focus of its automotive business.
Not actually a live animal but the infamous "moose test" conducted by Swedish journalists in 1997 on the first Mercedes-Benz A class. The A class — Daimler's first modern small car, which was just coming to market with much fanfare — tipped over during a maneuver meant to simulate avoiding a large animal crossing the road.