Company Description
Schaeffler AG is a leading technology company driving innovative solutions in the field of motion technology for over 75 years. With a focus on electric mobility, CO₂-efficient drives, chassis solutions, Industry 4.0, digitalization, and renewable energies, Schaeffler is committed to making motion more efficient, intelligent, and sustainable. With sales of 15.8 billion euros in 2022 and around 84,000 employees, Schaeffler is a global pioneer in Motion Technology. The company offers high-precision components and systems for drive train and chassis applications, as well as rolling and plain bearing solutions for a wide range of industrial applications. Schaeffler's recent merger with Vitesco Technologies Group AG aims to create a leading Motion Technology Company with four focused divisions, including E-Mobility, Powertrain & Chassis, Vehicle Lifetime Solutions, and Bearings & Industrial Solutions, to capitalize on the growing opportunities in the field of e-mobility.
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