01 Apr Growing demand in EV components sees 37% increase in YTD orders
We are delighted to have seen phenomenal growth in the first two months of the year, with order intake of automotive components, particularly e-mobility, up by 37% compared to 2021. This growth has come from a mix of both new and long-standing customers that include OEMs and Tier 1 automotive manufacturers.
As part of our investment plan and to help meet orders, a further two rotary transfer machines have been completely refurbished for CNC control and are arriving in April. These will be used to meet the increased demand for parts in electric vehicles in response to high customer demand. With two new high precision lathes to be delivered in the coming weeks, we will be able to optimise cycle times and increase capacity.
Sales for 2021 were 27% up on 2020 and 17% on 2019 so the latest figures are encouraging for a very promising year here at Dawson Shanahan.
Les Reeves, Joint Managing Director, explains: “It’s been an incredibly busy start to 2022 and we’re bucking the trends that are being seen globally in manufacturing. Our strategy to focus on continual investment in new machinery and having an outstanding workforce means we can withstand economic pressure and meet our customers’ wide range of needs.”
“Although much of the world is economically volatile right now, we’re steering a course that will enable us to meet the increased demand from different sectors, to help them receive high quality parts with the fastest turnaround times. Ultimately, our reputation and our outstanding products and services, are at the heart of why we’re seeing this continued demand.”