Germany: ZF invests 3 billion in electric and hybrid capacity

Discussion in 'Petrol Heads Forum' started by Calliers, Dec 7, 2018.

  1. Calliers

    Calliers HH's MC Staff Member

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    German transmissions supplier ZF launches an investment program of more than three billion euros to produce more sustainable products – above all hybrid transmissions. 800 million alone will flow into ZF’s transmission technology plant in Saarbrucken.

    The company’s investment plan will roll out over the next four years. ZF is putting particular focus on their plant in Saarbrucken – because until now, the plant has been focussing on conventional transmission systems and the company makes no secret of the fact that they see this market shrinking in the immediate future. ZF expects the expansion of electromobility to continue. Stephan von Schuckmann, head of the car transmission technology division says, “We need to shape and moderate this change.”

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    Source: electrive
     

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