ZF to Invest €800 Million in Its Saarbruecken, Germany Plant
Over the next four years, a total of €800 million will be invested in Saarbrücken, the lead location of ZF’s transmission technology. With this investment, the location will be made fit for the transition from conventional to electric car drives. “The share of hybrid drives in production will increase tenfold over the next few years – from five to 50 percent,” said Wolf-Henning Scheider, CEO of ZF Friedrichshafen AG. ZF is investing more than €3 billion worldwide in new products and its production network for transmission technology.
For the Saarbrücken plant, the ongoing electrification of the powertrain is both an opportunity and a challenge. “We see the increasing market penetration of advanced hybrid drives as an opportunity, which in our view is much more than just a bridge technology,” said Scheider in Saarbrücken, Germany. “With longer ranges between 80 and 100 kilometers, they can complete the majority of all journeys electrically and thus help e-mobility to achieve a breakthrough more quickly.”
ZF’s order books show that the hybrid technology is in great demand. ZF is responding to this boom in demand with an investment program worth more than €3 billion for the further development and sustainability of these products. In Saarbrücken, the company’s lead location for transmission technology, ZF will invest around €800 million over the next four years in production plants and systems, infrastructure, and its supplier network.
If the development towards pure electromobility progresses as currently forecast in several studies, sales and thus also the workforce at the Saarbrücken plant will, however, decline in the long term. In view of this development, ZF has launched a number of activities in Saarbrücken that are intended to significantly increase the plant’s international competitiveness. These include, for example, a whole series of IoT projects. At the same time, these initiatives use artificial intelligence (AI) to provide quick and valuable decision-making aids for employees and thus increase efficiency. “The fact that these effects will only occur in a few years’ time gives us the opportunity to prepare for them today,” says Stephan von Schuckmann, head of ZF’s Car Powertrain Technology Division. “We want to prepare our employees for the mobility of the future with a wide range of training and qualification opportunities and more agile work structures.”
Views:0
- ZF Celebrates 500,000th TraXon Transmission System Produced in Friedrichshafen 2022-04-20
- ZF Breaks Ground on Its Fourth R&D Centre in China 2022-03-25
- ZF Meets 2021 Sales And Earnings Targets 2022-03-18
- ZF Successfully Launches New Commercial Vehicle Solutions Division 2022-01-14
- ZF Marks 40th Year in China 2021-11-19
- ZF Introduces New Technologies for Clean and Efficient Commercial Vehicles 2021-09-03
- ZF Sales Goes Up 43% YoY for H1, 2021 2021-08-02
- ZF Attends 2021 Volvo Auto Asia-Pacific Science Day on Sustainable Development 2021-07-23
- ZF Jiaxing Homebase Commits ZF to More R&D Activities in China 2021-06-30
- ZF Commercial Vehicle Division Jiaxing Homebase Starts Operation 2021-06-25
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021