ZF opened a new plant for electric drives in Serbia
ZF Friedrichshafen announced it’s expanding its E-Mobility division with new buildings and locations. The company officially inaugurated its new plant for electric drives in Pancevo, Serbia, which currently employs around 1000 workers.
The new facility became operational after just a year of construction work. At the plant, located 14 km northeast of the Serbian capital of Belgrade, ZF will mainly manufacture electric motors, generators for hybrid and electric drives, transmission selectors, and microswitches.
“We want to offer our customers outstanding technology solutions. Being successful in the long term requires cost leadership as well as technology leadership. We can achieve these targets through the high degree of commitment shown by our employees and with our global production network.
This gives us a balanced presence in different regions, which in turn allows us to be close to our customers and create competitive cost structures”, the member of the Board of Management of ZF Michael Hankel said.
Another production location for electric drives is currently under construction in Hangzhou, south of Shanghai, China. This plant is set to go into operation next year, the company also disclosed.
LATEST issue 4/2023