ZF keeps motor production in-house with more job cuts
ZF will keep electric motor production in-house but cut hundreds of jobs. The move aims to maintain competitiveness as the electric vehicle market recovers.
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ZF Friedrichshafen will keep electric motor production in-house while cutting hundreds of additional jobs in Germany. The move follows 7,600 job cuts agreed last October to offset slow electric vehicle adoption across Europe. Investors are monitoring how suppliers balance high-cost internal production against the need for leaner operations during the EV transition.
