Skip to main content
Sister Publication Links
  • European Rubber Journal
  • Plastics News
  • Tire Business
Subscribe
  • Login
  • Register
  • Subscribe
  • News
    • Best Places to Work
    • Rubber Division IEC
    • War in Ukraine
    • Automotive
    • Tire
    • Non-Tire
    • Suppliers
    • ITEC
    • Silicone
    • Online Exclusive
    • Latex
    • Technical Notebooks
    • Executive Action
    • Government/Legal
    • Opinion
    • Blogs
    • Sustainability
    • Products
    • Wacky World of Rubber
  • Airless Tires
  • Custom
    • Sponsored Content
    • White Papers
  • Resources
    • Directory
    • Classifieds & Mold Mart
  • Data
  • Events
    • RN Events
    • RN Livestreams/Webinars
    • Industry Events
    • Past Events
    • Rubber News M&A Live
    • Ask the Expert
    • Healthcare Elastomers Conference
    • Rubber In Automotive Conference
    • Women Breaking the Mold Networking Forum
  • Advertise
  • DIGITAL EDITION
MENU
Breadcrumb
  1. Home
  2. News
March 20, 2019 02:00 AM

ZF acquires 60 percent of mobility provider 2getthere

Danielle Szatkowski
Automotie News
  • Tweet
  • Share
  • Share
  • Email
  • More
    Print
    ZF Friedrichshafen A.G.
    ZF Friedrichshafen has made serval investments in autonomous moblity within the last six months.

    FRIEDRICHSHAFEN, Germany—ZF Friedrichshafen A.G. has acquired a majority stake in European mobility provider 2getthere.

    The world's fifth-largest auto supplier said March 19 that it acquired 60 percent of Utrecht, Netherlands-based 2getthere, effective immediately.

    Unlike many mobility tech companies, 2getthere is an established player, with roots dating to 1984. Its products include driverless passenger and cargo transportation operations in cities, ports, business parks and airports.

    ZF spokesman Thomas Wenzel said that the investment will strengthen ZF's position in the growth markets of mobility services, autonomous transportation systems and shared self-driving vehicles.

    The investment complements ZF's partnerships and investments, Wenzel wrote in an email. Those include e.Go Moove—a joint venture of ZF and German startup electric vehicle maker e.Go Mobile— and Transdev, a mobility provider in France.

    The acquisition will add 60 jobs to ZF's work force, with plans to double engineering and software staff in Utrecht, he wrote.

    Terms of the acquisition were not disclosed.

    In January, ZF said it planned to start production this year of an autonomous electric minibus called the e.Go Mover, with output targeted to reach a five-digit figure in two to three years. At the time, the company said an unspecified number of e.Go Movers would go to Transdev, the vehicle's first customer.

    ZF has continued to grow in the mobility sector since its $12.4 billion purchase of U.S. supplier TRW Automotive Holdings Corp. in 2015.

    ZF now has a global work force of 147,000 with about 240 locations worldwide.

    ZF ranks No. 5 on Automotive News' list of the top 100 global parts suppliers with worldwide sales to auto makers of $34.48 billion in 2017.

    Letter
    to the
    Editor

    Rubber News wants to hear from its readers. If you want to express your opinion on a story or issue, email your letter to Editor Bruce Meyer at [email protected].

    Most Popular
    1
    Bridgestone sees sales, profits soar in 2022
    2
    Passion for materials: Buterbaugh first female CEO in Greene Tweed's 150-year history
    3
    Cabot 'evolving' with sustainability expectations
    4
    Buterbaugh's advice to women: Find what you love, seek out mentors
    5
    Pustay Beaven: Every woman has a story, this is mine
    SIGN UP FOR NEWSLETTERS
    EMAIL ADDRESS

    Please enter a valid email address.

    Please enter your email address.

    Please verify captcha.

    Please select at least one newsletter to subscribe.

    Get our newsletters

    Staying current is easy with Rubber News delivered straight to your inbox, free of charge.

    Subscribe Today

    Subscribe to Rubber News to get the best coverage and leading insights in the industry.

    SUBSCRIBE
    Connect with Us
    • LinkedIn
    • Facebook
    • Twitter

    MISSION

    To serve companies in the global rubber product industry by delivering news, industry insights, opinions and technical information.

    Contact Us

    2291 Riverfront Pkwy, Suite 1000
    Cuyahoga Falls,
    OH 44221

    Customer Service:
    877-320-1726

    Resources
    • About Us
    • Digital Edition
    • Staff
    • Advertise
    • Order Reprints
    • Privacy Policy
    • Privacy Request
    • Terms of Service
    • Careers
    • Ad Choices Ad Choices
    • Sitemap
    Partner Sites
    • Tire Business
    • European Rubber Journal
    • Plastics News
    • Urethanes Technology
    • Automotive News
    • Crain Brands
    Copyright © 1996-2023. Crain Communications, Inc. All Rights Reserved.
    • News
      • Best Places to Work
      • Rubber Division IEC
      • War in Ukraine
      • Automotive
      • Tire
      • Non-Tire
      • Suppliers
      • ITEC
      • Silicone
      • Online Exclusive
      • Latex
      • Technical Notebooks
      • Executive Action
      • Government/Legal
      • Opinion
      • Blogs
        • Products
        • Wacky World of Rubber
      • Sustainability
    • Airless Tires
    • Custom
      • Sponsored Content
      • White Papers
    • Resources
      • Directory
      • Classifieds & Mold Mart
    • Data
    • Events
      • RN Events
        • Healthcare Elastomers Conference
        • Rubber In Automotive Conference
        • Women Breaking the Mold Networking Forum
      • RN Livestreams/Webinars
      • Industry Events
      • Past Events
      • Rubber News M&A Live
      • Ask the Expert
    • Advertise
    • DIGITAL EDITION