ZF has revealed that it is to invest in a next-generation mobility strategy. The company hopes that the investment will enable the pursuit of safe, clean, and affordable mobility.
“We are shaping the rapidly advancing transformation of the mobility industry to provide our customers with convincing system solutions for next generation mobility,” said Wolf-Henning Scheider, CEO of ZF. “Our results show that we are well positioned for the challenges of the future.”
As well as new mobility solutions, ZF is also further developing its established products such as the 8-speed automatic transmission, primarily through electrification.
ZF recently signed a supply contract with BMW for its enhanced 8-speed automatic transmission including a hybrid variant. The long-term contract represents the largest order of automatic transmissions in the history of the company, confirming the importance of hybrid technology for future individual mobility.
In terms of electrification, the company’s electrical central drive for passenger cars will also begin production with a vehicle manufacturer this year. Furthermore, there is strong demand for ZF’s electrical portal axle for city buses, which is already successfully established. ZF has won several new orders from manufacturers.
To enable a faster and more direct response to different market requirements, ZF introduced a dual operating system, which supports various speed and organization models. As part of this process, the previous active and passive safety technology division will be divided into three divisions: passive safety systems, active safety systems, and electronics and advanced driver assistance systems.
To these, system and project centers will be added, driving cross-divisional topics like automated driving or electromobility.
“These new structures and processes simplify our hierarchies and complexity. We can react faster and serve our customers even better,” added Schneider.