Schaeffler AG (Schaeffler) announced that it expects revenue of EUR 27-29 billion in 2028, with an EBIT margin before special items of 6–8%.
Following its acquisition of Vitesco, Schaeffler aims to become a leading Motion Technology Company and a top 3 global player across all four of its divisions.
For the E-Mobilit
Schaeffler AG (Schaeffler) has started the first volume production of its high voltage inverter brick in Tianjin, China, for a leading Chinese car manufacturer. The production ramp-up was completed within one year, and the product will equip the OEM’s new electric vehicle models.
The inverter subassembly is the essen
Schaeffler AG (Schaeffler) has announced it will stop production at its Bearings & Industrial Solutions division (B&IS)’s Steinhagen site in Germany by the end of 2026, resulting in the closure of the plant and affecting around 200 employees.
The decision follows years of declining sales, high fixed costs, and increa
Schaeffler AG (Schaeffler) put a 900V silicon carbide power module inverter unit and a 48V P2 transmission integrated motor into production at its Tianjin site.
The Schaeffler 900V silicon carbide power module inverter unit, the first of its kind in the world, adopts an innovative high-integration design, where a 900
Schaeffler AG (Schaeffler) will present its expanded automotive portfolio for the first time at IAA Mobility 2025 in Munich, Germany, following its acquisition of Vitesco Technologies. The presentation will be held under the motto “The Motion Technology Company”.
The company will display nearly 140 products across ab
SolarEdge Technologies, Inc. (SolarEdge) announced a strategic partnership with Schaeffler to deploy EV charging infrastructure and software across Schaeffler sites, aiming to commission around 2,300 charging points in Europe by 2030.
The collaboration will integrate hardware and SolarEdge’s EV charging software int
Schaeffler AG (Schaeffler) will showcase its Hands-Free Access Sensor along with its expanded portfolio for software, electrification, drivetrain, chassis, and body applications at IAA Mobility 2025 in Munich, Germany.
The Hands-Free Access Sensor, part of Schaeffler’s Control Motion product family, enables contactle
On July 25, Schaeffler India Limited, in an investor update, announced that it has started series supplies of the e-axles to the Tata Harrier platform. It also had a formal inauguration of the partial production line that it has set up at its plant in Talegaon.
Based on Schaeffler India Limited investor conference ca
On July 24, onsemi announced an expanded collaboration with Schaeffler through a new design win. It leverages onsemi’s next-generation EliteSiC product line of silicon carbide MOSFETs. The onsemi solution will power the Schaeffler traction inverter for a leading global automaker’s plug-in hybrid electric vehicle (PHE
On July 9, Schaeffler announced that it will present the rear-wheel steering system and other chassis innovations at IAA Mobility 2025. Under the banner “The Motion Technology Company”, it will present its extended and innovative product range for software, electrification, drivetrain, chassis, and car body for autom
On June 12, Schaeffler AG announced it has entered into a technology collaboration with NVIDIA. The partnership should help Schaeffler further digitalize its production processes and, ultimately, make them more efficient and agile.
Using NVIDIA Omniverse, Schaeffler is expanding its production elements, which will b
On May 28, Schaeffler India Limited inaugurated its fifth manufacturing facility in Shoolagiri, Tamil Nadu, India. The 16,500 square meter plant will serve as a hub for the production and expansion of conventional and electrified powertrain technologies, including planetary gear systems, hybrid transmission component
Schaeffler AG (Schaeffler) announced that it will present electrification and intelligent solutions at Auto Shanghai 2025, from April 23 to May 2. This marks its first appearance at the event after the merger with Vitesco Technologies.
It will display controllers, 800V silicon carbide power modules, battery managemen
Schaeffler announced that it will construct an Innovation Center in Huejotzingo, Puebla.
With an investment of EUR19 million, the 9,375-square-meter facility will house four core areas: R&D, product testing, special machinery, and tooling. The new center will employ 420 specialists in software engineering, simulation
Schaeffler AG (Schaeffler) announced that, after the successful merger with Vitesco Technologies, it would present earnings under a new structure with the 4 divisions (E-Mobility, Powertrain & Chassis, Vehicle Lifetime Solutions, and Bearings & Industrial Solutions) and Others starting January 1, 2025.
The Vitesco bu
Schaeffler AG started producing ball screws for automotive steering systems at its Xiangtan site in Hunan. The Schaeffler AG ball screw serves as a core mechanical component for the EPS (Electric Power Steering) system. The production of the Schaeffler AG ball screw has further improved the company’s production deplo
The IG Metall union announced that Schaeffler and employee representatives in Schweinfurt, Germany, have agreed on a package of measures to bridge the 2025 economically challenging year with as little impact on the workforce as possible.
The reduction in working hours for employees in production, which has been in ef
On January 18, Schaeffler India showcased its advanced mobility solutions under the vehicle lifetime solutions (VLS) division at the Bharat Mobility Global Expo 2025. It presented its customer-oriented services and future-ready technologies, focusing on repair and service solutions for combustion engines, hybrid vehi
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