"We are very pleased to welcome Dr. Schröder to our company, and we are sure that his years of experience in the different fields of electric mobility will provide the perfect basis to successfully lead our new E-Mobility business division and thus help to actively shape mobility for tomorrow", said Matthias Zink, CEO Automotive OEM at the Schaeffler Group.

Schaeffler made the decision in mid-2017 to establish an independent E-Mobility business division within its Automotive division from January 1, 2018 onwards, in which all products and system solutions for hybrid and purely battery-driven vehicles will be bundled together. The new business division is based in Bühl, where the Schaeffler Group has its new Automotive headquarters.

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