IAA Mobility 2023: Schaeffler to invest EUR 500 million to expand electric motor production
Schaeffler AG announced that it will invest EUR 500 million in new and expanded electric motor production capacity worldwide by 2026. The company makes a wide range of motors for both the premium segment and the mass market. Its offering here includes asynchronous motors and permanent-magnet synchronous motors, as we....
This news is for paid members only.
If you register as a free member, you can read the rest of this article for a limited time.
In addition, you can also enjoy the following content for free:
- Market & Tech Reports
- Global automotive production/sales
- Launch schedule forecasts
- Latest news on the automotive industry
- Market share and supply information of 300 automotive parts (Who Supplies Whom)