Potential offtaker

Visteon Corporation

www.visteon.com

Estimated electricity consumption

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Countries of production presence

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Visteon Corporation is a leading global technology company that designs, engineers, and manufactures innovative automotive electronics and connected car solutions. Headquartered in Michigan, United States, the company has a global presence with operations in more than 20 countries and employs over 10,000 people worldwide.

As the automotive industry transitions towards decarbonisation, Visteon is committed to developing sustainable and energy-efficient solutions that reduce carbon emissions and promote a cleaner environment. The company's focus on corporate energy and renewable energy has enabled it to become a leader in the auto electrical and electronics sector.

Visteon's commitment to sustainability is evident in its corporate energy strategy, which aims to reduce the company's carbon footprint and promote energy efficiency across its operations. The company has implemented various energy-saving initiatives, such as energy-efficient lighting, HVAC systems, and equipment upgrades, to reduce its energy consumption and greenhouse gas emissions.

In addition to its corporate energy strategy, Visteon is also actively pursuing corporate power purchase agreements (PPAs) to support the development of renewable energy projects. PPAs allow companies to purchase renewable energy directly from a generator, providing a long-term, stable source of clean energy while supporting the growth of the renewable energy industry.

Visteon's renewable energy initiatives include the installation of solar panels at its manufacturing facilities, which generate clean energy and reduce the company's reliance on fossil fuels. The company has also invested in wind energy projects and is exploring other renewable energy sources, such as geothermal and hydroelectric power.

Visteon's commitment to sustainability extends beyond its own operations, as the company is also developing innovative solutions to help reduce carbon emissions in the automotive industry. The company's advanced electronics and software solutions enable automakers to develop more energy-efficient vehicles, reducing fuel consumption and emissions.

One example of Visteon's innovative solutions is its SmartCore™ cockpit domain controller, which integrates multiple vehicle functions into a single, centralised system. This reduces the number of electronic control units (ECUs) in a vehicle, leading to a significant reduction in wiring and weight, which in turn improves fuel efficiency and reduces emissions.

Another example is Visteon's DriveCore™ autonomous driving platform, which uses advanced sensors, software, and artificial intelligence to enable safer, more efficient, and more sustainable driving. The platform is designed to reduce accidents, improve traffic flow, and optimise vehicle performance, leading to reduced fuel consumption and emissions.

Visteon's commitment to sustainability and innovation has earned the company numerous accolades and recognitions. In 2020, Visteon was named to the Dow Jones Sustainability Index for the second consecutive year, recognising the company's leadership in sustainability and corporate responsibility. The company has also been recognised for its innovative products and solutions, including being named a CES 2020 Innovation Awards Honoree for its SmartCore™ cockpit domain controller.

In conclusion, Visteon Corporation is a leading global technology company that is committed to sustainability and innovation in the automotive industry. The company's focus on decarbonisation, corporate energy, corporate PPA, and renewable energy has enabled it to become a leader in the auto electrical and electronics sector, while also contributing to a cleaner and more sustainable future. Visteon's advanced electronics and software solutions are helping to reduce carbon emissions in the automotive industry, while its corporate energy strategy and renewable energy initiatives are promoting energy efficiency and supporting the growth of the renewable energy industry.