ZF’s E-Mobility division is expanding production capacity for electromobility products with construction of a new facility in Pančevo, Serbia. ZF is investing more than €100m (US$124m) in the project, with construction scheduled to begin in June 2018 ahead of a 2019 opening.
The new facility will focus on the production of electric motors and generators for hybrid and electric drives, as well as transmission selector levers and micro switches.
“The demand for our electric motors and all-electric drives develops dynamically,” said Michael Hankel, member of the management board of ZF Friedrichshafen and responsible for production and electromobility.
“Since vehicles with hybrid and all-electric drives are set to become more established in the future, we are adapting our worldwide production network to cope with the rise in demand.”