News: German automotive giant ZF forms venture to develop e-bike technology

Pedelecs

Editorial
May 20, 2015
115
136
A key player in the global automotive R&D and drivetrain technology fields, ZF Group, has formed a joint venture with Magura, BrakeForceOne (BFO) and Unicorn Energy to develop electric drive solutions.



With a stake of 48 percent, ZF is the largest shareholder of the Tübingen-based joint venture. It has a workforce of 137,000 across 40 countries and invests 6% of its sales in research and development. The areas of expertise for the other partners include two-wheeler component technology and services (Magura, BrakeForceOne) and battery technology (Unicorn Energy).

The goals of this joint venture include developing, manufacturing and selling products for the e-mobility market.

Full story: http://www.pedelecs.co.uk/news/zf-joint-venture-develop-e-bike-technology/
 
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