ZF and Wolong: joint products soon
Automotive supplier ZF Friedrichshafen and Wolong Electric have sealed the establishment of a joint venture under the name "Wolong ZF Automotive E-Motors Co Ltd". Production is scheduled to start next year. The partners will develop and produce electric motors and components for various vehicles, including at the Chinese site in Shenyang. By 2025, over [...]
Production is scheduled to start next year. The partners will develop and produce electric motors and components for various vehicles, including at the Chinese site in Shenyang.
Over 2000 employees by 2025
ZF holds a 26 percent stake in the joint venture. Wolong has been a supplier to the ZF E-Mobility Division in China since 2018. In November 2019, the partners agreed to establish a joint venture.
In the Chinese market, series production of Wolong ZF Automotive E-Motors Co. Ltd. is scheduled to start in 2021. Further locations in the European Union and North America will be added.
By 2025, more than 2,000 employees will be working for the joint venture in development and production.
