ZF’s Supervisory Board has decided to establish a new division out of the previous Car Powertrain Technology and E-Mobility Divisions in order to offer customers electrified driveline solutions under one roof.
In the future, ZF will no longer develop components for internal combustion engine drives but will instead focus on long-range plug-in hybrids and purely electric vehicles.
The Board also appointed Stephan von Schuckmann as new member to the company’s Board of Management. Von Schuckmann, who currently heads the Car Powertrain Technology Division, will succeed Michael Hankel as of 1 January 2021. Hankel will then retire.