With its comprehensive product portfolio, the company offers integrated solutions for established vehicle manufacturers, mobility providers and startup companies in the fields of transportation and mobility. Digital networking and automation are focal points of ZF system development as it transitions to becoming a software- and cloud-based company. ZF allows vehicles to see, think and act.

The Consolidated ZF Group is represented with 188 production locations in 31 countries as well as 18 main development locations in eight countries. In 2021, ZF achieved sales of €38.3 billion with approximately 157,500 employees worldwide. The company spent eight percent of its sales on research and development in 2021.

Founded in 1915, ZF has evolved from a supplier specializing in aviation technology to a global mobility technology company. After the successful integration of WABCO, ZF is a competent systems supplier for commercial vehicle technology worldwide thanks to its new Commercial Vehicle Solutions Division, which started operating in early 2022. With its trendsetting products, ZF is focusing on Next Generation Mobility for passenger cars, commercial vehicles and industrial applications.

Group shareholders include the Zeppelin Foundation, administered by the City of Friedrichshafen, holding 93.8 percent of shares, and the Dr. Jürgen and Irmgard Ulderup Foundation, Lemförde, with 6.2 percent.

Source : www.chinatrucks.com

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