Schaeffler India, a leading motion technology company in partnership with ‘Buddy4Study Foundation’ has announced the winners of its 2024 edition of the ‘Schaeffler India Social Innovator Fellowship Program’. The initiative aims to recognize and reward social entrepreneurs developing unique sustainable solutions that have the potential to positively impact and benefit society at large. It is also part of Schaeffler India’s flagship Corporate Social Responsibility (CSR) initiative HOPE, reinforcing its commitment to Healthcare, Occupational skill development, Preservation of Heritage & Environment and Empowerment of society.

Schaeffler is proud to announce that Vehicle Lifetime Solutions CEO Jens Schueler, has been recognized with the prestigious 2024 Hall of Fame Award by the Import Vehicle Community of the Auto Care Association. Schueler received the award during the AAPEX show in Las Vegas

The Motion Technology Company Schaeffler continues to drive forward the expansion of the charging infrastructure at its locations. More than 5,000 additional charging points for electric vehicles are to be constructed worldwide by 2030. These include 3,000 charging points at European locations alone. This measure is part of Schaeffler’s sustainability program. The locations Herzogenaurach and Schweinfurt are acting as pilot projects for the technology and the operator model. Following the successful completion of the test phase, the project will be gradually rolled out in all other regions of the Schaeffler Group.

Schaeffler recently presented its extended product range for off-highway technology at iVT Expo Cologne 2024. The focus was on systems for the electrification and digitalization of mobile agricultural and construction machinery and for materials handling technology. Schaeffler is emphasizing its commitment to sustainability and supporting the transition to a highly efficient and climate-neutral economy in the off-highway sector.

Wind turbines have a decisive role to play in the expansion of renewable energy. Schaeffler is a market leader and strategic development partner in the wind technology industry, leveraging closed loop engineering to play a key role that goes far beyond the provision of bearing solutions for on- and offshore wind. Working in close partnership with turbine and gearbox manufacturers, the company supports wind turbine development through state-of-the art system simulation, realistic test-bench testing, and field measurement campaigns.

Schaeffler has recognized 23 suppliers for outstanding performance with the Schaeffler Supplier Award at this year’s Supplier Day in Herzogenaurach. In front of 450 guests, Georg F. W. Schaeffler, family shareholder and chairman of the supervisory board of Schaeffler AG, and Klaus Rosenfeld, chief executive officer of Schaeffler AG, presented the awards in the five categories of Innovation, Sustainability, Value, Quality, and Supply Chain.

Schaeffler announces the expansion of its operations in the U.S. with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. This announcement represents the company’s commitment to innovation and growth in the Americas region.

Schaeffler recently displayed its automotive aftermarket solutions at the AAPEX show, hosted at the Venetian Expo in Las Vegas. Under the theme, “Your business is our focus,” Schaeffler hosted customers and industry partners at its booth, showcasing products and service solutions that enhance the vehicle’s life cycle, as well as technologies that support the transition to electric mobility.

Schaeffler AG and GKN Powder Metallurgy announce their joint commitment to advance the development of the permanent magnet industry in Europe and North America through a memorandum of understanding. GKN Powder Metallurgy will supply Schaeffler locally with permanent magnets with the aim to ensure a stable, local supply whilst improving sustainability and transparency in the supply chain.

Schaeffler, the motion technology company, and Swedish startup H2 Green Steel have decided to intensify their already close partnership. The two companies made the decision in the course of a recent equity funding round, in which Schaeffler agreed to invest a further 65 million euros, a significant increase that takes its total stake to 100 million euros. That’s the most equity Schaeffler has ever put into a minority stake in another company. As a strategic technology partner of H2 Green Steel, Schaeffler will channel its know-how into the development of new steel products, such as green e-steel for electromobility. In addition, the two companies will jointly develop new applications for the use of sustainable rolling bearing solutions in production. The aim is to maximize the efficiency of production through the use of first-rate components and integrated condition monitoring solutions. The two companies will also benefit from each other’s expertise in the areas of digitalization and circular economy.