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ZF Commercial Vehicle Solutions Tops €5 Billion in 2026 New Orders, Win Rate Near 90%

ZF Commercial Vehicle Solutions Tops €5 Billion in 2026 New Orders, Win Rate Near 90%

ZF's Commercial Vehicle Solutions division disclosed at the 2026 IAA Transportation in Hannover that it has secured more than EUR 5 billion in new business orders in 2026, with a win rate of nearly 90%. The division is advancing multi-path decarbonization in parallel through hybrid, central electric drive, and eAxle solutions. The AxTrax 2 eAxle has entered mass production in China, cumulative production of the TraXon automatic transmission has exceeded 1.5 million units, global cumulative deliveries of braking systems have reached 20 million sets, and the first ADAS product developed specifically for China has been localized for mass production.

37021 days ago
ZF: China Electric Truck Penetration Around 30%, Europe Still Single Digits

ZF: China Electric Truck Penetration Around 30%, Europe Still Single Digits

ZF CEO Mathias Miedreich said on September 9 that electric trucks already account for about 30% of China's truck market and are expected to rise to 50%, while European penetration remains in the low single digits. He said the focus of electric drive technology has shifted to China, with major competitors including BYD, Geely's truck business and Windrose Technology. Andreas Moser, head of ZF's commercial vehicle division, revealed that at next week's IAA Transportation show, two of China's three largest truck manufacturers will display models equipped with ZF electric drive systems, and that Chinese automakers' export focus is Northern Europe. Previously, ZF recorded an impairment of about 1.6 billion euros because its passenger car electric drive business fell short of expectations. It is now pushing ahead with restructuring while calling for greater support for hybrid technology to hedge against uncertainty in the pace of Europe's pure electric transition.

35426 days ago