ZF expects that the market share of hybrid systems and pure electric vehicles' powertrains will increase from the current 5% to 50% in the next 10 years in order to meet the standards for carbon dioxide emissions. The investment will be used in ZF's electric vehicle transmission system business, including infrastructure construction, production and supplier network construction. In 2018, ZF said at a press conference that “hybrid technology is a growth area and we are also developing our own autonomous driving system. If the business of electric vehicle transmission systems grows as expected, the number of employees at the Saarbrücken plant also needs to be reduced accordingly, mainly because the electric motor and electric vehicle transmission systems have fewer components than the internal combustion engine, some studies (including Research sponsored by ZF has shown that thousands of European automotive industry jobs will face the risk of being abolished in the coming decades." ZF CEO Wolf-Henning Scheider once said that in the process of turning to electrification, there are about 15,000 jobs in ZF that are theoretically abolished, but the group will also create more through the electric gearbox business. Big profit. Electric Offroad Scooter,Powerful Electric Motorcycle,Wide Wheel E Scooter,Lithium Battery Hybrid Scooter NINGBO FENGLI IMPORT & EXPORT TRADING CO., LTD , https://www.ewaspmobility.com
ZF
Aiming at self-driving ZF investment 6.3 billion research and development electric gearbox
ZF Friedrichshafen ( ZF ), a well-known German auto parts supplier, is about to invest 800 million euros, or about 6.3 billion, in a variable speed plant in Saarbrücken, Germany, to promote the production of electric vehicle gearbox components.