ZF Group CEO: Relief From Chip Shortage in Early 2023

The CEO of Zed F discusses the company's position in the premium transmission market and the challenges faced due to supply chain disruptions, particularly with chips. The conversation shifts to Zed F's transition towards electric propulsion systems, aiming to surpass their current transmission business by 2030. The CEO emphasizes the need for government support in building infrastructure and advancing technology, comparing the efforts of the US and China to those in Europe.

What is the main challenge Zed F is facing in its production plans?

• High transportation costs

• Lack of skilled labor

• Environmental regulations

• Chip shortage

By what year does Zed F aim to have its electrified mobility business surpass its transmission business?

• 2025

• 2028

• 2022

• 2030

What kind of support do manufacturers expect from the government for the electric transition?

• Increased import tariffs

• More subvention for electric consumers

• Higher diesel prices

• Lower taxes on traditional vehicles

What is one of the key areas where Europe needs to improve to support the electric vehicle transition?

• Road maintenance

• Charging infrastructure

• Traditional fuel subsidies

• Public transportation

What does the CEO suggest Europe should focus on to maintain prosperity?

• Reducing taxes

• Investing in new technologies and education

• Increasing exports

• Building more factories

How does the CEO view the support for new technologies in the US and China compared to Europe?

• Europe is on par

• Europe is ahead in some areas

• Europe is lagging

• Europe is leading

What is the CEO's expectation from the new German government regarding industrial support?

• Increase military funding

• Focus on traditional industries

• Strengthen Europe as a continent

• Reduce government spending