Schaeffler AG

Schaeffler AG develops, manufactures, and sells components and systems for industrial applications across Europe, the Americas, China, and the Asia Pacific. The company operates through four divisions: E-Mobility, Powertrain and Chassis, Vehicle Lifetime Solutions, and Bearings & Industrial Solutions. The E-Mobility division provides mechanical, mechatronic, and electronic components and systems for electrifying powertrains in passenger cars and commercial vehicles. Its offerings include electric drives, controls, mechatronics and modules, battery components, decoupling units, and wet clutches. The Powertrain & Chassis division focuses on developing, manufacturing, and distributing components and system solutions for electrified powertrains, internal combustion engines, and chassis and steering technologies. This segment also supplies engine and transmission systems, powertrain solutions, chassis systems, torque converters, hybrid dampers, clutches, variable valve train systems, valve-lash adjustment elements, balancer shafts, camshaft phasing systems, timing drives, and front end auxiliary drives. The Vehicle Lifetime Solutions division offers components and repair solutions for passenger cars, light and heavy commercial vehicles, tractors, and two-wheelers. The Bearings & Industrial Solutions division develops, manufactures, and distributes rotary and linear bearing solutions, drive components and systems for industrial automation sectors, and service solutions. Schaeffler AG has a strategic technology partnership with Hexagon Robotics for high-precision strain wave and planetary gear actuators, and with Spire Global, Inc. for space hardware subsystems, satellite platforms, and advanced radiofrequency (RF) and environmental sensing capabilities. Founded in 1946, Schaeffler AG is headquartered in Herzogenaurach, Germany, and is a subsidiary of IHO Verwaltungs GmbH. The company changed its name from INA Beteiligungsgesellschaft mit beschränkter Haftung to Schaeffler AG in October 2014.