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Schaeffler/Vitesco Merger Set to Create Largest Global EV Powertrain Supplier
German EV component suppliers Schaeffler and Vitesco Technologies Group have agreed to merge, creating the world's largest EV powertrain supplier with combined sales of 25 billion euros and a strong position in the growing EV market.
Schaeffler Showcases EV Components in Electric F-250 Pickup Truck
Schaeffler, a German automotive supplier, unveils an electric version of the Ford F-250 pickup truck, showcasing their range of EV technology to manufacturers. The prototype features advanced cooling systems and high torque capabilities.
Schaeffler Announces US Manufacturing Facility for Electric Mobility
Schaeffler, a German motion technology company, is expanding its US operations with a new electric mobility manufacturing facility in Dover, Ohio, with a substantial investment and potential job creation.
Schaeffler to Invest $230 Million in New Automotive Manufacturing Facility in Ohio for EV Products
Schaeffler, a global motion technology company, is set to invest over $230 million in a new manufacturing facility in Dover, Ohio, focusing on automotive electric mobility solutions. The facility is expected to create 650 jobs and demonstrate the company's commitment to sustainability.
Launch of Cofinity-X Joint Venture by Major Automotive Firms
Cofinity-X, founded by ten automotive partners, aims to enhance the Catena-X network by providing a marketplace for secure data exchange in the European automotive sector.
