European Suppliers Form Strategic Partnership in Hybrid Vehicle Technology
ZF Friedrichshafen AG and the Automotive Systems Division of Continental have announced their intention to form a consortium to jointly develop and market hybrid vehicle technology. The cooperation wi...
ZF Friedrichshafen AG and the Automotive Systems Division of Continental have announced their intention to form a consortium to jointly develop and market hybrid vehicle technology. The cooperation will encompass the development, production and marketing of systems and components involving hybrid technologies for passenger cars and light commercial vehicles. The two companies will bundle their expertise to meet the requirements of automobile manufacturers for hybrid systems. The combination of activities and products will make it possible for car manufacturers to start series production of parallel hybrid systems in 2007.
“We see hybrid drives as a step in the right direction toward a concept of mobility which is moving away from internal combustion engines and the use of fossil fuels in favor of dynamic and environmentally-friendly driving,” says Dr. Karl-Thomas Neumann, president Continental Automotive Systems and member of the executive board, Continental AG. “The trend is in the direction of full hybrids. However, the electric drives and gearboxes of full hybrids form a unit that cannot be provided by a single supplier. The consortium formed by ZF and Continental Automotive Systems will be capable of offering car manufacturers complete hybrid solutions, including brakes and electric accessories. This cooperation is bringing together two of the leading European suppliers.”