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Webasto Group

Company Profile Analysis

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Webasto Group - Automotive showcase

Year Founded & Workforce

1901

12,800 Employees

Industry

AutomotiveB2BB2C

Services

Global Electric Vehicle Charging Station Market
W

Webasto Group Employee Contacts

73 verified contactsNames, job titles, seniority and locations

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Webasto Group Overview

Company Headquarters: Germany

Founded: 1901

Workforce: ~12,800

Company Working: Webasto Group manufactures, develops, and supplies roofs, ventilation, heating, cooling, charging systems, and air conditioning systems for the automotive companies. Its business segments are batteries and charging solutions, roofs, and heating and cooling. The batteries and charging solutions business segment offers charging station (hardware), installation and maintenance together with further supplementary services, such as the processing of payments for battery charging. It offers its solutions for cars, trucks, ambulances, and buses; and light-duty, off-highway, rail, marine, recreational, and special vehicles. It operates in 66 locations and 30 manufacturing plants across 34 countries, such as Germany, the UK, Italy, India, and the US. The key subsidiaries of the company are Webasto-Edscha Cabrio GmbH, Webasto Product Italy Srl, Webasto Thermo and Comfort UK Ltd, and Webasto (Schweiz) AG.

Strategy

Webasto Group strategizes to strengthen core fields of business and opening up new fields of business that match its competency. This helps the Group gain momentum in the automotive industry. It focuses on products and solutions for electromobility. In the batteries and charging solutions business, it has been considering extensive research & development projects for enhancing the charging capacity. For instance, Webasto Group developed a new electric charger that operates via mobile network or Bluetooth and, thus, is controllable via Webasto LiveApp and supports the activation of charging processes via Plug & Charge and dynamic load management. It offers its charging products through online distribution channels to strengthen its brand and generate revenue.

Company Snapshot

$3,527.7M

Revenue

12,800

Employees

1901

Founded

Germany

Headquarters

SWOT Analysis

Strengths

  • Strong supply chain and distribution network
  • Strong strategic alliances
  • Strong supply chain & distribution network
  • Vast research & development capabilities

Weaknesses

  • Limited number of customers in Asia-Pacific
  • Less revenues from heating and cooling

Opportunities

  • Scope for expansion in new regions
  • Integration of solar panels with charging stations
  • Strategic mergers and acquisitions

Threats

  • Fluctuation in currency exchange risks
  • Fluctuation in foreign currency exchange rate risks
  • Varying raw material costs

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Key Developments

DateApproachDevelopment
May 2019Product DevelopmentWebasto Group developed Webasto Pure, a smart charger that is compatible with all-electric cars with type 2 plugs, regardless of the vehicle manufacturer. It has a charging capacity of 11 or 22 kW and is easy and practical to operate.
June 2018AcquisitionWebasto Group acquired AeroVironment’s Efficient Energy Systems (EES) business segment for USD 35 million. The acquisition enhanced its charging business and market development.
March 2018CollaborationWebasto Group collaborated with WhisperPower to enhance its battery and charging solutions business segment. The collaboration focuses on enhancing battery performance and cabin heating and charging solutions and services to meet the needs of private and semi-public customers.
December 2017Product DevelopmentWebasto Group developed new Level-2 charging stations compatible with Plug-in Hybrid Electric Vehicles and Battery Electric Vehicles. These vehicles are designed for home, business, and multi-unit dwelling applications.

Product Offering

  • Webasto Group
    • Global Electric Vehicle Charging Station Market

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales fell from USD 4,156.6 Mn in 2019 to USD 4,033 Mn in 2021.
Webasto Group — By Business Segment
Series (USD Mn)201920202021
Sales4,156.64,031.14,033

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