Internal Combustion Demand ResilienceSlower-than-expected adoption of battery electric vehicles and extensions to internal combustion engine lifespans support continued demand for the company's turbochargers.
Margins And Cash FlowTop-tier margin profile and strong free cash flow conversion provide financial flexibility to fund growth and improve relative attractiveness among auto parts suppliers.
Zero-emission Product InvestmentSignificant investment in e-powertrains and hydrogen fuel cell compressors expands the product mix and creates new revenue avenues as vehicle powertrains diversify.