Over the next four years, ZF will invest €800 million in its Saarbrücken site in Germany, the lead location of ZF’s transmission technology, in production plants and systems, infrastructure, and its supplier network 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.
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