In a bold move towards solidifying its presence in the rapidly evolving landscape of electric mobility, Vestel CEO Ergün Güler has outlined ambitious plans for the company’s future in automotive electronics and energy storage solutions. Güler’s vision aligns with the burgeoning growth of the electric vehicle (EV) market, where Vestel aims to capitalize on the opportunities presented by the shift towards electrification.
Anticipating a seismic shift in the automotive industry, Güler predicts that by 2030, electric vehicles will command an impressive 45 percent share of global vehicle sales. As a result, the demand for EV charging stations and automotive electronics is set to soar, presenting Vestel with a golden opportunity to expand its footprint in these key sectors.
Vestel Mobility: Pioneering the Charge
At the forefront of Vestel’s strategy is Vestel Mobility, a division dedicated to AC/DC charging stations, automotive electronics, and battery energy storage solutions. Leveraging its expertise in electronics, Vestel has been manufacturing EV charging stations since 2017 and exporting them since 2018. With a significant market share in Türkiye and Europe, Vestel is poised to capitalize on the exponential growth of the EV market.
Güler emphasized, “We have been investing for years now in mobility and energy storage solutions, in both of which we foresee exponential growth. Building on our well-established experience in electronics, we manufacture EV charging stations and export them to nearly 30 countries.”
Driving Innovation in Automotive Electronics
Vestel’s commitment to innovation extends beyond EV charging stations to automotive electronics. With a comprehensive range of solutions including in-vehicle displays, electronic control units, and connected vehicle solutions, Vestel is poised to become a strategic supplier in the evolving vehicle ecosystem. Notably, Vestel’s in-vehicle display stands out for its mini-LED display technology, offering captivating bright and vivid colors for an enhanced user experience.
Expanding Horizons in Energy Storage Solutions
In addition to automotive electronics, Vestel is making significant strides in battery and energy storage systems. With a focus on sustainability and efficient resource use, Vestel offers battery solutions for telecommunications and energy storage solutions for domestic, commercial, and industrial settings. Güler highlighted, “Today, the global Energy Storage Systems market size is estimated at 70-80 GWh, and we anticipate it to exceed 400 GWh by 2030.”
Positioned for Success in the EV Revolution
Vestel’s foray into the electric mobility space underscores its commitment to driving innovation and sustainability in the automotive industry. With a portfolio of cutting-edge solutions and a strategic focus on growth areas, Vestel is poised to play a pivotal role in shaping the future of electric mobility.
