ZF’s E-Mobility division is expanding its production capacity for electromobility products by building a new facility in the Serbian city of Pancevo. The company is investing more than EUR100m (US$123.7m) in the project.
“The demand for our electric motors and all-electric drives develops dynamically,” said Michael Hankel, member of the Management Board of ZF Friedrichshafen and responsible for production and electromobility. “Since vehicles with hybrid and all-electric drives are set to become more established in the future, we are adapting our worldwide production network to cope with the rise in demand.”
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Expanding production capacities
Construction for the new ZF plant in Pancevo, located 14 kilometres northeast of the Serbian capital, Belgrade, is scheduled to start in June 2018. Starting in 2019, this plant, covering more than 20,000 sqm, will focus on the production of electric motors and generators for hybrid and electric drives as well as transmission selector levers and micro-switches. ZF is investing a total of more than EUR100m in building of the new plant. In the long term, the ZF Pancevo location will have a workforce of 1,000.
