ZF further expands its investment in electric drives and continues to promote localization strategies

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Recently, the new office building of the ZF Electric Drive Technology Division headquarters in Schweinfurt was completed, which included administrative, R&D and sales departments. A new electric drive plant will be put into operation in Pancevo, near Serbia's Belgrade.

Michael Hankel, head of ZF's board of directors and head of group electric drive technology and production management, said: The growing demand for electric drive system solutions has prompted us to increase our investment in the electric drive division. Creating more job opportunities to increase production capacity and building new electric drive factories will lay the foundation for ZF to build a next-generation travel plan to reduce global vehicle emissions.

With more than 9,400 employees at its location in Schweinfurt, ZF is one of ZF's largest locations in the world. ZF is also the largest employer in the Lower Franconia region of Germany. In addition to the electric drive division established in 2016, the ZF's after-sales service division is also based in Schweinfurt.

ZF German Electric Drive Technology Division Headquarters New Office Building ZF German Electric Drive Technology Division Headquarters New Office Building

Mr. Bert Hellwig, Director of R&D of New Energy Systems, gave us some answers on ZF's airship technology on ZF's airship.

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The development of electric drive business has become a top priority, and the Chinese market is a must.

As early as August 15 last year, ZF (China) Investment Co., Ltd., ZF Transmission Technology (Hangzhou) Co., Ltd. and Xiaoshan Economic Development Zone Management Committee signed a strategic cooperation agreement for ZF Hangzhou Electric Drive Project. The total investment of the project is about 150 million US dollars. The project will introduce the automatic assembly line of the differential, build a new factory, and introduce electric drive production line to produce and sell electric drive products. It is estimated that the annual production capacity of the project will reach 400,000 units.

At the signing ceremony, Ms. Wang Runyi, President of ZF China, expressed ZF’s emphasis on China’s new energy market at the signing ceremony:

As a pioneer in the auto parts industry, ZF's emphasis on China's new energy vehicle market is undoubted, and the electric drive business has become one of the strategic development priorities of the ZF Group. The production and sales of electric drive projects at the Hangzhou plant are also one of the important initiatives we are committed to in the development of new energy vehicles in China.

Ye Jianhong, member of the Standing Committee of Xiaoshan District Committee and secretary of the Party Working Committee of Xiaoshan Development Zone, and director of the management committee said:

The official settlement of the ZF electric drive project is a highlight of the industrial transformation and upgrading of the development zone, and it is also a new starting point for the development zone to move into a broader field of new energy vehicles. We will, as always, fully support and serve the development of ZF Transmission Technology (Hangzhou) Co., Ltd. to achieve a win-win situation.

ZF Hangzhou Electric Drive Factory Recruitment

ZF Hangzhou Electric Drive Factory ZF Hangzhou Electric Drive Factory

In order to further strengthen the Chinese team and continuously promote the localization of talent, technology and production, ZF is in hot recruitment in Hangzhou and many cities. If you are interested in ZF, please keep an eye on the relevant recruitment information.

Reading volume: Source: ZF Author: LOO

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