German automotive giant ZF forms venture to develop e-bike technology
A key player in the global automotive R&D and drivetrain technology fields, ZF Group, has formed a joint venture with Magura, BrakeForceOne (BFO) and Unicorn Energy to develop electric drive solutions. With a stake of 48 percent, ZF is the largest shareholder of the Tübingen-based joint venture. It has a workforce of 137,000 across 40 …