With football fever at its peak and the start and end of all European conversations, technology solutions provider and tier 1 supplier ZF Group, hosted the much anticipated annual Global Technology Day 2024 (GTD) in Hannover, Germany. On the eve of the track day, the ZF hosted a meet and greet that was warm inside out. The hot and sultry Summers in Hannover became a talking point in the cobblestone garden. It led the select global press congress to admit to climate change reflecting in the respective geographies at an unprecedented pace. The pressures on the automotive industry to play its part right, and the dependencies on leading suppliers like ZF for the sheer transformation scale set the tone from the word go. The respective government interventions driving this change were also the focal point of discussions in an election year for countries such as the UK, the USA, and India. Some journalists hoped for an outright change in governance while others hoped for a continued, stable run!
In his welcome address with the vaulted brick ceiling demanding its share of attention, Dr Holger Klein, Chairman of the Board of Management and CEO of ZF Group, did well to hold his own. He outlined the company’s ambitious mission to spearhead clean, safe, and comfortable mobility. He pointed to the evident slowdown in the passenger EV segment. “The slowdown in the electrification of the passenger car segment in some markets and the rise of hybrid vehicles is evident,” Dr Klein admitted. He emphasised that regardless of the propulsion system, the company’s goal remains clear: every gram of CO2 it can avoid is a step towards a cleaner future.”
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