ZF is a global technology company and supplies systems for passenger cars, commercial vehicles and industrial technology, enabling the next generation of mobility. ZF, which acquired WABCO Holdings Inc. on May 29, 2020, now has 160,000 employees worldwide with approximately 260 locations in 41 countries. In 2019, the two then-independent companies achieved sales of €36.5 billion (ZF) and $3.4 billion (WABCO).
Industrial Technology with its headquarter ZF Friedrichshafen AG in Passau is the division where ZF bundles its activities for “Off-Road” applications. Among others it comprises the development and production of transmissions and axles for agricultural and construction machinery as well as driveline technology for material handling systems. In 2019, the Division Industrial Technology generated sales of € 2,990.5 million euros with 10,011 employees.
ZF activities in the Chinese market date back to the year 1980, when the first cooperation agreement was signed. Since then, development has followed three steps. First, sales and service centers were localized and gradually extended followed by production and engineering facilities. In 1994, ZF Shanghai Steering was the first production facility founded as a joint venture.
Another milestone was the founding of an Engineering Center in Shanghai in 2005. In order to build up a market penetration, it serves product adaptation and, most importantly, the development of innovative components and systems in the region. ZF supplies the Chinese market with driveline and chassis components, passenger car and commercial vehicle transmissions, axle systems, steering systems as well as products for construction and agricultural machinery, forklift trucks, special vehicles, rail vehicles, marine and wind power applications.
Asia-Pacific, with China being the main market, is one of the most important market regions for ZF Friedrichshafen AG. In China, the largest submarket in the Region of Asia-Pacific, ZF generated sales of €5.8 billion with approximately 13,330 employees. ZF not only strengthens its excellent position with local production for national and international vehicle manufacturers, the company is also expanding its local development capacity in the Technology Center in Shanghai.
In order to continuously strengthen and expand its position on the Chinese market, ZF has invested more than €1 billion in its Chinese development and production locations over the past five years. ZF is preparing for further growth on the Chinese market with its expanded Engineering Center in Shanghai. The focus of the extension lies on driveline and chassis technology, particularly e-mobility, for all applications. The new Engineering Center works closely with the existing ZF Technology Center in Anting that focuses on active and passive safety technology for the Asian market.
Together with ZF as system partner customers benefit from numerous costs saving potentials such as reduced development, logistics, installation and handling expenditure. The stronger and more comprehensive the cooperation, the better and larger are the resulting synergies. In its position as global player, ZF has a worldwide service network of more than 650 after-sales centers, thus providing optimum customer support on site.
Wherever a manufacturer wants to export his vehicle to, the ZF Service is already on the spot.