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ZF establishes third research and development center in China

· New center in Guangzhou strengthens development expertise in the Asia-Pacific region · Focus on future technologies such as automated driving and electric mobility Guangzhou, China/Friedrichshafen, Germany. ZF Friedrichshafen AG is establishing a third Chinese research and development center in Guangzhou southern China. Representatives of ZF and the local authorities have signed an agreement and ZF plans to invest approximately €90 million in the new development center. ZF already has two development centers in China, both located in Shanghai. With their respective focus on the

ZF and Danfoss Seal Strategic Partnership

· New joint R&D initiative at the interface between power modules and inverters · Danfoss awarded automotive traction power modules supply contract for ZF volume production projects Schweinfurt/Nordborg. ZF Friedrichshafen AG and Danfoss Silicon Power GmbH have stepped up their existing cooperation, with a new strategic partnership for silicon- and silicon-carbide power modules. The partners plan to improve the efficiency of electric drivelines by leveraging engineering and cost benefits at the interface between power modules and inverters.“This is a robust long-term partnership that

New Customer for Chassis Module Technology: ZF Opens First Plant in Vietnam

· ZF breaks ground in one of the fastest growing automotive markets in Southeast Asia · New customer for ZF’s chassis technology division · Local for local: Hai Phong plant produces chassis modules for Vietnamese automotive manufacturer · Inauguration with high-ranking representatives of business, industry and government Hai Phong, Vietnam. ZF celebrates the official opening of its first plant in Vietnam: In accordance with its local-for-local strategy, the company established a production site for a new Vietnamese customer in Hai Phong. The facility, located located in Vinfast's

Pursuing Networked Traffic Concepts Together: ZF Is a New Partner of the Mobility as a Service Alliance

· Special interest platform spanning Europe fosters integration of public and private transport services · Mobility-as-a-service concepts play a key role in the urban mobility of tomorrow · With its comprehensive portfolio, ZF offers all technologies for networked and automated solutions from a single sourceFriedrichshafen. ZF is the first major automotive supplier to participate in the Mobility as a Service (MaaS) Alliance. The objective of this special interest group that spans Europe is to bring about a paradigm shift in urban mobility, promote networked mobility concepts, and

ZF Wins Innovation Award for its CeTrax Electric Bus Drive

· Busworld honors the electric central drive with a top innovation award · E-mobility solutions from ZF support future-proof mass transitFriedrichshafen/Brussels. ZF has collected an Innovation award from the Busworld exhibition for its CeTrax electric central drive. The electric drive allows buses used for public transportation to operate with zero emissions. The technology of the electric drive outshone strong competition in the category for individual components and peripherals. The exhibition could not have started more auspiciously for ZF, honored with the Innovation Award by the

ZF Issues Bonded Loans of EUR 2.1 Billion

· Current issuing replaces a part of the bridge financing for the WABCO acquisition · Issuance with high demand among German financial institutions and major international banks · Second-largest bond-loan issuing in the history of ZFFriedrichshafen. ZF Friedrichshafen AG (ZF) has issued a bonded loan of EUR 2.1 billion. With the funds, ZF replaces a part of the bridge financing for the planned acquisition of commercial vehicle brake manufacturer WABCO. The total amount of the bonded loan is distributed across several tranches with maturity periods of between 3 and 10 years. ZF’s

Supervisory Board Appoints Martin Fischer to ZF Board of Management

· Dr. Martin Fischer to become new member of the ZF Board of Management · The 49-year-old electrical engineer has many years of experience in the industry and the U.S. market · esponsible for the Electronics and ADAS, and Active and Passive Safety Systems divisions, North and South America regions, and Corporate QualityFriedrichshafen. ZF Friedrichshafen AG’s Supervisory Board has appointed Dr. Martin Fischer as a new member of the ZF Board of Management. The 49-year-old, who holds a PhD in Electrical Engineering, is expected to join the Board on 1 November, 2019, and will take over

Zero emissions in day-to-day life: ZF EVplus delivers more current to the plug-in hybrid

· Electromobility without range anxiety: PHEV is the electric car for all circumstances · ZF concept vehicle runs for more than 100 kilometers purely electrically on a single battery charge · Plug-in hybrids quickly lead to more electromobility and to reduced CO2 emission levels in road trafficFriedrichshafen/Frankfurt am Main. ZF is demonstrating that plug-in hybrids (PHEV) can be considered as true electric vehicles: Solely on electrical power, the ZF EVplus concept vehicle runs more than 100 kilometers under real-life conditions. This is a sufficient range for most drivers to cover

ZF at the IAA 2019:Technology Brings Mobility, People, and Climate Protection Together

· ZF initiative #MobilityLifeBalance: meeting people’s mobility needs with sustainable solutions · ZF EVplus makes electromobility suitable for everyday use without anxiety regarding vehicle range · All ZF products exhibited at the IAA reduce emissions and improve vehicle safety · Autonomous electric shuttles make city centers more livableFriedrichshafen/Frankfurt a. M. As a pioneer of sustainable mobility, ZF is continuing to pursue its strategic goal of Vision Zero – zero emissions, zero accidents. At the IAA 2019, ZF will present market-ready solutions that immediately reduce

ZF Friedrichshafen AG announces WABCO shareholder approval for planned acquisition

Friedrichshafen. ZF Friedrichshafen AG, a globally leading technology group and supplier of mobility systems for passenger cars, commercial vehicles and industrial solutions, today announced the approval of WABCO (NYSE: WBC) shareholders for the proposed acquisition of WABCO.  In a shareholder vote on June 27th, 2019, 68.44 % of WABCO’s outstanding share capital voted in favor of the transaction agreed by ZF and WABCO in late March 2019. Under the terms of the transaction, ZF will acquire all outstanding shares of WABCO for $136.50 per share in cash, subject to regulatory approvals and

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.

ZF coPILOT Enables Enhanced Safety and Driving Comfort

· Integrated and intuitive system for next-generation advanced driver assistance powered by ZF ProAI and NVIDIA DRIVE · New driving experience with semi-automated driving: ZF coPILOT takes over various driving maneuvers · Improved reliability and safety capabilities for passenger car semi-automated driving · ZF ProAI central computer features powerful AI capabilities, NVIDIA DRIVE Xavier processor and Level 2+ software stack · Available from 2021Friedrichshafen/Shanghai. ZF today announced the debut of ZF coPILOT, an intelligent advanced driver assistance system (ADAS) leading

Gravitational center of the automotive industry: ZF accelerates commitment in the Chinese market

· Significant expansion of production and development capacities · E-Mobility and autonomous driving: ZF offers high-tech solutions for Chinese automakers and new mobility service providers · Up to one hundred percent localization of ZF product portfolio targeted · ZF Board of Management member Dr. Holger Klein responsible for Asian business, based in ChinaShanghai/Friedrichshafen. With several additional plants, and the extension of its development capacities, ZF is stepping up its activities in China, the world's fastest-growing automotive market. The Group has had its own

ZF signs definitive agreement to acquire WABCO

· ZF and WABCO to form a leading global integrated systems provider for commercial vehicle technology with combined sales of approximately €40 billion · Complementary capabilities of both companies to create added value for ZF’s commercial vehicle customers · ZF to acquire WABCO for $136.50 per share for a total equity value of approximately $7 billion · Closing expected for early 2020 · Planned acquisition approved by ZF’s Management Board and Supervisory Board and WABCO’s Board of Directors Friedrichshafen. ZF Friedrichshafen AG, a leading global technology group and supplier

ZF at HMI 2019: Interlinking Smart Solutions for a Seamless Supply Chain

· Connected supply chain from production to the end customer: ZF offers intelligent mechanical systems for each step of the interconnected supply chain · Smooth operation at the depot: autonomous vehicles help increase efficiency and reliability · Interlinking and big data for optimized processes: IoT platform accompanies products throughout the full life cycleHanover/Friedrichshafen. Smart logistics is the basis for economic success: Interconnected and automated processes can significantly reduce downtime and costs while simultaneously increasing reliability for end customers. There

ZF acquires mobility provider 2getthere

· Investment in 60 percent stake of the experienced provider of automated electric passenger transport systems · Acquisition complements existing co-operations and investments · ZF strives to set new standards for autonomous mobility and transport solutionsFriedrichshafen/ Utrecht. ZF Friedrichshafen AG has acquired a 60 percent share of 2getthere B.V. The company offers complete automated transport systems and is located in Utrecht/Netherlands, with offices in San Francisco, Dubai and Singapore. Applications range from driverless electric transport systems at airports, business and

ZF Establishes Technology Center for Artificial Intelligence and Cybersecurity

· Group expands company-wide AI activities in Saarbrücken and becomes shareholder of the German Research Center for Artificial Intelligence (DFKI) · Strategic partnership with Helmholtz Center for Information Security (CISPA) rounds out the commitment · ZF  strategy relies on a network of in-house AI experts and cooperation’s with research institutes and specialists from IT enterprise partnershipsFriedrichshafen / Saarbrücken. ZF is establishing a Technology Center for Artificial Intelligence (AI) and Cybersecurity in Saarbrücken. As part of a worldwide network, the technology group

ZF Equips Fuel Cell Bus with Electric Drive System

· First application of ZF's AxTrax AVE electric portal axle in a fuel cell configuration by ADL · ZF delivers a system solution for optimal performance · New prototype bus performs impressively during field testingFriedrichshafen/Larbert, Scotland. The British bus manufacturer Alexander Dennis Ltd. (ADL) is expanding its product line, adding a double-decker model powered by a fuel cell drive. This new model is also equipped with ZF's AxTrax AVE electric drive axle to prevent local emissions. ZF also provides additional hardware and software solutions for optimum performance. An

Smart Sharing of Autonomous Driving: ZF Enables New Forms of Urban Mobility

· Robo-taxi featuring ZF technology at CES 2019 provides a preview of autonomous ride-hailing · Mobility-as-a-Service is one of the biggest drivers of the development of autonomous driving · ZF offers automotive systems competence for innovative mobility providersFriedrichshafen / Las Vegas. Novel urban mobility choices are one of the biggest drivers behind the development of autonomous driving. A primary example is autonomous ride-hailing, a service based on shared rides in robo-taxis or robo-shuttles. ZF offers extensive systems competence to companies offering Mobility-as-a-Service

ZF expands Partnership with Microsoft to Develop Digital Services

Friedrichshafen/Las Vegas. ZF has expanded its partnership with Microsoft to establish one of the most comprehensive digital cloud platforms in the automotive market. The strategic cooperation puts ZF in a position to offer digital services in the areas of automated driving, vehicle motion control, integrated safety and electromobility. The products range from fleet management solutions to predictive maintenance applications and process automation based on the ZF Cloud. Just a year ago, ZF announced its own IoT platform based on Microsoft Azure.Whether in the passenger car sector or for

AI-capable Supercomputer ZF ProAI:Maximum Computing Power and Flexibility

· ZF ProAI RoboThink is the most powerful AI-capable processing system in the automotive field · ZF’s modular and scalable ProAI product family accommodates various software stacks and processors for automated driving · ZF introduces its own software stack designed for new mobility concepts for people and cargo transportation · ZF ProAI is the first system to run NVIDIA’s DRIVE AutoPilot L2+ starting in 2020 · New partnership with Xilinx underlines open system approachFriedrichshafen / Las Vegas. ZF unveiled the latest model of its automotive supercomputer ZF ProAI just before

ZF Sensor Power: Autonomous Driving With All the Senses

· ZF Full-Range Radar offers new detection capabilities · Solid-State LiDAR sensors  are capable of detecting small obstacles · World’s smallest  single-lens  forward-facing camera S-Cam4 with broad range of functions · Modular Remote Camera Heads supply 360-degree images of the vehicle surroundings including object detection · ZF’s interior  camera can offer additional  comfort and safety benefits · Sound.AI enables vehicles to detect acoustic signalsFriedrichshafen / Las Vegas. At CES this year, ZF is highlighting its powerful sensor portfolio which can more accurately

ZF Honors Outstanding Suppliers

· Seven suppliers received the ZF Supplier Award 2018 in four categories · Digitalization was the core theme at the ZF Global Supplier SummitFriedrichshafen. This year’s winners of the ZF Supplier Awards come from Europe, Asia and North America. Seven companies were honored for their outstanding services in four categories. The awards were handed out during this year's ZF Global Supplier Summit which was dedicated to digitalization. “We are right in the middle of a major transformation in mobility and digital products and services, more than anything else, are accelerating this change,

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