Schaeffler, known for its expertise in mechanical engineering and ICE components, gears up for the EV era with the acquisition of Vitesco Technologies.
07 Mar 2025 | 5185 Views | By Ketan Thakkar & Kiran Murali & Darshan Nakhwa
As the global automobile industry undergoes a once-in-a-lifetime transformation, auto component manufacturers are turning to mergers and acquisitions in the clean mobility space as a way to shield themselves from the disruptions of the shift. The merger of German automotive suppliers Schaeffler and Vitesco Technologies can be seen as the ...
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