Garrett’s Differentiated Zero-Emission Technologies Win the 2024 Stellantis Innovation Award
September 26, 2024 – Rolle, Switzerland / Plymouth, Mich. – Garrett Motion Inc. (Nasdaq: GTX), a differentiated global technology leader in the automotive industry, has been honored as a Supplier of the Year by Stellantis, earning the 2024 Innovation Award at the fourth annual Stellantis global supplier awards, which recognized 21 suppliers.
For decades, Garrett Motion and Stellantis have partnered to enhance vehicle efficiency and performance. Garrett is excited to extend this collaboration into the electric vehicle space, focusing on multiple high-speed electronic powertrain technologies.
“Receiving the 2024 Stellantis Innovation Award is a true honor. It recognizes Garrett’s focus on developing technologically differentiated solutions that meet our customers’ evolving needs in the next generation of electric vehicles,” said Olivier Rabiller, President and CEO of Garrett. “As a global leader in emission-reducing and zero-emission technologies, Garrett brings a 70-year legacy of innovation. Our expertise in turbocharging has consistently driven reductions in engine size, fuel consumption, and CO2 emissions. Now, we are leveraging our long-standing expertise in high-speed motors, inverters, and advanced software to enter new industries and develop cutting-edge, differentiated electrified solutions for the future of mobility.”
About Garrett Motion Inc.
Garrett Motion is a differentiated technology leader, serving automotive customers worldwide for close to 70 years. Known for its global leadership in turbocharging, the company develops transformative technologies for vehicles to become cleaner and more efficient. Its advanced technologies help reduce emissions and reach zero emissions via passenger and commercial vehicle applications – for on and off-highway use. Its portfolio includes turbochargers, electric turbos (E-Turbo) and electric compressors (E-Compressor) for both ICE and hybrid powertrains. In the zero-emissions vehicle category, it offers fuel cell compressors for hydrogen fuel cell vehicles (FCEVs) as well as electric propulsion and thermal management systems for battery electric vehicles (BEVs). It boasts five R&D centers, 13 manufacturing sites and a team of 9,300 located in more than 20 countries. Its mission is to further advance motion through unique, differentiated innovations. More information at www.garrettmotion.com.
Forward-Looking Statements
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Amanda Jones
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Eric Birge
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