ZF and Foton Open Joint Transmission Plant in China, Advancing Automation for Commercial Vehicles
· Joint plant in Jiaxing to produce automatic commercial vehicle transmissions for the Chinese market · Partners see excellent market potential for automated commercial vehicles in the next five yearsFriedrichshafen/Jiaxing. At the end of 2016, ZF entered into two joint ventures with Foton, a Chinese commercial vehicle manufacturer, to produce and sell commercial vehicle transmissions. The partners have now opened a production plant in Jiaxing, to the south of Shanghai. The companies will focus primarily on the production of automated transmissions for heavy and light commercial vehicles.