ZF has begun operations at its new Commercial Vehicle Solutions (CVS) division, which combines ZF’s former Commercial Vehicle Technology and Commercial Vehicle Control Systems divisions, the latter of which was formed from ZF’s May 2020 acquisition of Wabco.
The CVS division will build on ZF Group’s work in developing technologies that support e-mobility, autonomous driving and digitalisation. The division is supported by around 25,000 employees based across 61 locations in 28 countries.
“With the new CVS division, ZF is now positioning itself as the world’s largest component and system supplier for the commercial vehicle industry. Thanks to our broad technological positioning and global market presence, we can offer our customers the key solutions they need to transform their product portfolio from a single source. Leveraging our regional structure, we offer significant advantages and close customer proximity for truck, bus and trailer manufacturers as well as fleet operators, wherever they are in the world,” said Wilhelm Rehm, the member of ZF’s board of management with responsibility for the new division. “In line with our ‘Next Generation Mobility’ corporate strategy, CVS will accelerate ZF’s global growth strategy.”