Latest news with #ZFGroup
Yahoo
09-06-2025
- Automotive
- Yahoo
ZF secures UK (Wales) government funding
ZF Automotive UK, a supplier of car parts to global brands, has been granted £432,000 from the Welsh Government's Economy Futures Fund to optimise its operations. This investment will help safeguard over 60 jobs at the company's Pontypool facility, which specialises in manufacturing brake callipers. The funding is set to modernise a production line dedicated to fulfilling a contract with Jaguar Land Rover (JLR). This initiative will not only boost productivity but also provide ZF Automotive UK's workforce with valuable opportunities to acquire new skills pertinent to advanced manufacturing processes. ZF Automotive UK Operations director Steven McKenzie said: 'Our team in Pontypool is passionately working to continually improve our manufacturing operations, to ensure competitiveness in a challenging automotive sector. 'This funding will support our efforts to purchase equipment and tooling to secure new business, in addition to supporting our heating project to significantly improve our energy efficiency.' Moreover, the investment will facilitate the creation of apprenticeship and graduate positions, further contributing to the local economy and job market. Cabinet Secretary for Economy, Energy and Planning Rebecca Evans said: 'ZF Automotive is a well established and important employer for Pontypool and the surrounding area with many long serving staff. "The funding will help the business decarbonise and optimise its operations, bringing highly sought after contracts with Jaguar Land Rover to Wales and upskilling staff as a result.' In addition to workforce development, ZF Automotive UK plans to utilise the funds to replace its outdated gas heating system, which has been in operation for over 50 years. The upgrade is expected to enhance energy efficiency at the site, leading to a substantial reduction in carbon emissions. ZF Friedrichshafen's sales for the fiscal year 2024 declined 11% from the previous year's €46.6bn to €41.4bn. The company said the decline was primarily due to the deconsolidation of its axle assembly product line, which was transferred to the ZF Foxconn Chassis Modules joint venture in April 2024. Looking ahead to 2025, ZF Group anticipates only weak economic growth in the eurozone and Germany, with vehicle markets potentially staying below previous year levels. In February, ZF Group announced that it had commenced series production of its state-of-the-art steer-by-wire system. It eliminates the need for a mechanical connection between the steering wheel and steering gear, is being implemented in Nio Inc's flagship ET9 model, a Chinese battery electric vehicle (BEV). "ZF secures UK (Wales) government funding" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Hindu
04-06-2025
- Automotive
- The Hindu
ZF Group commissions new plant in Coimbatore
ZF Group, an automotive supply and technology company, has commissioned a plant in Coimbatore to cater to the construction and railways segments in the domestic and export markets. The 10,000 manufacturing facility, which is set up with 20 million euro investment (approximately Rs.192 crores), will initially have 85% of production for export market. Andreas Moser, Executive Vice President of Industrial Technology, ZF Group, told the media on Wednesday that the plant has capacity to produce 22,000 transmissions and 35,000 axles annually. While majority of the production will be exported initially, supply to the domestic market will increase in the coming years. 'The new plant in Coimbatore together with the main hub in Germany will support the production capacity needed for the future market growth in the global construction equipment market. 'The Off-Highway plant will support ZF's growth in India, supplying world class technology to domestic and global OEMs,' he said in a press release. According to Peter Laier, Member of the ZF Group Board of Management and Head – Commercial Vehicle Solutions and Industrial Technology, with presence in 19 locations in the country, the ZF Group looks at India as an engineering hub. Akash Passey, president, ZF Group India, said the wind power plant has 12 GW capacity in Coimbatore with scope for expansion.
The Hindu
04-06-2025
- Automotive
- The Hindu
T.N. to take steps to increase investments from Germany
Tamil Nadu will take steps to bring more investments from Germany, said Industries MinisterT.R.B. Rajaa on Wednesday. Speaking virtually at the commissioning of a new manufacturing facility of ZF Group in Coimbatore, he said the ZF Group has made a cumulative investment of ₹2,000 crore at its Coimbatore plant. The district will develop into a top notch global manufacturing centre and the Department of Industries of the Tamil Nadu government is working towards it. The Minister said he plans to travel to Germany soon to meet the industries there and invite them to invest in Tamil Nadu. District Collector Pavankumar G. Giriyappanavar said Coimbatore has industries in multiple sectors – automobiles, electric vehicles, foundries, pumps, etc. With the ease of doing business in the State, there are several investments here. The State government is giving great attention to bring investments, especially from Germany, he said. Deepak Shetty, CEO and Managing Director of JCB India, said Tamil Nadu plays an important role in JCB's growth. The Indian construction equipment industry is poised to become the second largest globally by 2030, he said.
Time of India
04-06-2025
- Business
- Time of India
ZF Group inaugurates ₹192 crore manufacturing plant in Coimbatore
ZF Group has inaugurated a new manufacturing plant in Coimbatore , Tamil Nadu, to cater to the construction and railways sectors. The facility, spread over 10,000 sq meters, represents a €20 million (₹192 crore) investment and aligns with ZF's "Make in India for India and the World" strategy. It aims to serve both domestic and global markets with innovative solutions for construction equipment and railway applications. This move underscores ZF's focus on local manufacturing excellence and its ambition to establish India as a manufacturing hub for its global customers. The facility will play a critical role in pioneering innovative solutions for the construction equipment segment and railways in India for domestic markets. It will also grow exports as a hub for manufacturing for ZF Group's global customers. This investment aims to meet the growth in India's robust construction equipment segment and to address the demands for superior innovative solutions by its customers. ZF's growth plans for Indian market The Off-Highway plant will support ZF's growth in India, supplying world class technology to domestic and global OEMs. To support the growing construction segment and OEM demand, the Ergopower M transmission is industrialized in this site. This automatic-powershift transmission has been optimized for all kind of construction machinery applications and is considered a benchmark in the market for its performance and quality. The transmission has a variety of features as well as an optional efficiency package. It can increase productivity and fuel savings of up to 15per cent. The Axles localised at the Coimbatore plant are part of the Multitrac series. These axles are designed for utterly uncompromising heavy-duty work of construction machinery. ZF will also localise the production of its EcoMet transmission for the Indian railway market in the new manufacturing plant. With EcoMet, ZF is setting new standards in performance, flexibility and cost-effectiveness of metro gearboxes. Thanks to its modular design, the gearbox is suitable for a wide variety of metro types, depending on customer requirements, without it being necessary to incur additional development and manufacturing costs.
Time of India
17-05-2025
- Business
- Time of India
ZF Wind Power inaugurates largest test rig in TN with 13.2 MW capacity
ZF Wind Power , a division of the global technology company ZF, inaugurated the largest test rig for gearboxes and powertrains in Coimbatore, aimed at addressing industry challenges. The commissioning of this 13.2 MW test rig enables ZF Wind Power to meet rapidly growing demand while strengthening its position as a system partner on the road to a sustainable future. The test rig is India's largest test facility, designed to develop and test next-generation gearboxes and powertrains, the company said in a statement on Friday. The state-of-the-art test rig in Coimbatore can simulate dynamic load conditions , making it an essential tool for advancing the reliability and performance of future powertrain technologies. It enables comprehensive testing and validation of gearboxes and powertrains, ensuring they withstand the rigorous demands of modern wind turbines. While ZF Wind Power's plant has a world-class manufacturing and assembly setup, the dynamic testing capability of this test rig facilitates real-time simulation of field conditions, specifically torque reversal cycles. "This step is essential to receive approval from customers, insurers, and certification agencies to launch new designs," the company said. ZF Wind Power CEO Felix Henseler said, "The 13.2 MW test rig is an integral part of ZF Wind Power's commitment to India's wind energy ambitions. Together with our partners, we cooperate on every challenge in the development and full life cycle of new products." " ZF Group is investing in India to offer complete solutions-from research and development to testing and validation-for both global and local needs. In the next phase, we will establish a cold chamber test facility, enabling our India plant to deliver comprehensive end-to-end solutions for both global and Indian markets," he added. The 13.2 MW test rig is not only a groundbreaking advancement in the Indian wind industry but also underlines ZF's global reach and state-of-the-art production capabilities. "The test rig strengthens our broader strategy to drive sustainable energy solutions and empowers the development of more efficient and reliable wind turbines," said ZF Group India President Akash Passey. "Furthermore, this aligns with our strategic goals and supports Indian and global efforts to transition toward renewable energy sources," he added. To date, ZF Wind Power in India has supplied close to 60 GW of wind gearbox capacity from Coimbatore for both domestic and global markets.
