In recent years, Pelican has become a global leader in auto-related products, as it competes against brands like General Motors and Volkswagen, as well as the likes of Apple and Toyota.
This year, the company is introducing a new line of auto parts in its hometown of Pittsburgh, Pennsylvania, and has just announced that its auto parts division is also launching a national network of more than 20,000 auto parts suppliers.
This partnership is part of the company’s broader effort to become a leader in the auto industry, which is rapidly becoming a global business.
In its latest quarter, the electric-car maker reported a $10 billion operating profit.
The announcement follows a long line of positive corporate news for the company, including the hiring of former President George W. Bush as president and CEO, a major investment in the United Kingdom to further expand its manufacturing capabilities, and a $7.7 billion investment to expand its U.S. manufacturing base.
In a recent blog post, Pelicon Chief Financial Officer Mark Belsky outlined the company.
“We’re excited about the future,” he wrote.
“This is an industry where we can make great products and bring innovation to consumers in a way they’ve never experienced before.
Pelican is the next step in our evolution.”
What’s next for Pelican?
Belsky also outlined the next steps for the auto-part company.
First, he said, the automotive industry will continue to grow, as consumers demand more efficient, reliable and affordable products.
Pelicoles auto parts business has expanded from 10 million units in 2011 to more than 100 million units today, he wrote, adding that the company has been able to make good on that growth by adding more than 3,400 new jobs since 2012.
“The auto industry is now the largest industry in the world, and we are committed to providing our customers with the highest-quality products and services at the lowest prices,” Belski said.
“With the growth in the U.K. market and the increasing demand for the products in our product lines, we are making more progress in building our brand and growing our customer base.”
The announcement comes just a week after the company announced that it has invested $6.5 billion in the automotive manufacturing sector.
In addition to the investments in the manufacturing and supply chain, Pelicola said that it is also investing $3 billion in research and development.
“Pelican has developed a strong track record of innovation in our auto-service and automotive parts businesses,” Blesky wrote.
Blesky also said that Pelican will continue its aggressive expansion plans in the global auto market.
“As we continue to build upon our strong leadership in the market, we will continue investing in our global automotive business, expanding our product range and expanding our capabilities in new markets,” he said.
Pelicola announced that the automaker is launching a new product line, called Pelican Auto Parts, which will be a fully integrated line of new and redesigned auto parts.
“We are thrilled to announce that Pelicans new Pelican Automotive Parts line will be the world’s first full-service, auto-repair and auto-insurance company,” Boesky wrote in the blog post.
“These new products will be made available in multiple markets around the world and will be offered through a comprehensive assortment of Pelican-branded auto parts.”
In addition to new products, the new product lineup includes an entirely new line, which includes auto parts for both the front and rear ends of vehicles.
For the new car line, Pelicans brand-new hybrid electric car, the Pelican Roadster, will be available in four trim levels: Sport, Touring, Luxury and Executive.
In other words, the Roadster will feature a mix of both gasoline and electric powertrains.
The company also announced that Pelicans new electric-powered SUV, the Zephyr, will debut in 2018.
As part of this expansion, Pelias new electric truck, the Ford Fusion, will go into production by the end of 2020.
On the performance side, Peliys new hybrid electric truck and SUV, both of which will go on sale in 2020, will have a range of up to 400 miles.
These vehicles will also have a combined power output of 200 hp and 260 lb-ft of torque.
Additionally, the upcoming Pelican electric SUV will be equipped with electric assist and will have its own lane-departure warning system.
Also, Pelicas new electric sport utility vehicle, the Taurus, will hit the road in 2020.
Pelicans new hybrid SUV, which the company says will have an EPA-rated combined EPA-20 rating of 20 mpg, will also debut in 2020 and will go onto the road with a range that will exceed the 300-mile mark.