German Mega Supplier – ZF Bets Big Money On Electric And Autonomous Mobility
With the hope of significant returns, advanced transmission specialist ZF has increased its stakes on the upcoming era of e-mobility. Based at Friedrichshafen, Germany – the company wants to supply a wide range of the components that future high-tech vehicles will require. This includes both conventional and electrified transmissions alongside drivetrain components, that will make self-driving vehicles possible.
At the Consumer Electronics Show in Las Vegas this month, ZF and key partners like NVIDIA showed off a pilot autonomous vehicle using many of the German companies parts and components, including its ProAI compact supercomputer system. According to CEO, Dr. Konstantin Sauer – The company is working on a fully driverless concept known as the eGO Mover, which it plans to launch later this year.
Our mobility division will make $1.6 billion in revenues this year…
– Dr. Konstantin Sauer, CEO ZF.
The era of driverless vehicles could lead to dramatic changes within the vehicle itself. Since motorists won’t need to worry about driving duties – many future cars may not even have a steering wheel or pedals – cars could be transformed into mobile living rooms or offices. ZF’s interior components operation is looking for opportunities there, as well.