German auto supplier ZF opens new e-mobility plant in NE China

STORY: German auto supplier ZF opens new e-mobility plant in NE China DATELINE: June 14, 2023 LENGTH: 00:01:44 LOCATION: SHENYANG, China CATEGORY: ECONOMY SHOTLIST: 1. various of the groundbreaking ceremony 2. SOUNDBITE (English): STEPHAN VON SCHUCKMANN, Member of the Board of Management of the ZF Group STORYLINE: German auto supplier ZF Friedrichshafen AG broke ground on a new electric mobility plant in China on Tuesday. The plant, located in Shenyang, capital of northeast China's Liaoning Province, will primarily produce electric axle drives. Its first-phase operations will start in 2025. The company said it is working on expanding its presence in China, as the country has moved to the fore when it comes to future trends like electromobility. SOUNDBITE (English): STEPHAN VON SCHUCKMANN, Member of the Board of Management of the ZF Group "In the fastest growing market in e-mobility, for us, it again offers the highest growth in e-mobility. So when we look at the development of e-mobility in China, we se