Schaeffler collaborates with Neura Robotics to create and provide humanoid robots.
Partnership Announcement: Schaeffler has partnered with Neura Robotics to develop and supply components for humanoid robots, aiming to integrate a significant number of these robots into its production by 2035.
Market Challenges: The European auto industry faces pressures from U.S. tariffs, declining car demand, and competition from Chinese firms, leading Schaeffler to explore new growth areas, including humanoid robotics.
Future Sales Projections: Schaeffler anticipates that up to 10% of its sales by 2035 will come from sectors like defense and humanoid robotics, as part of its strategy to diversify.
Strategic Business Moves: The company plans to sell its underperforming turbocharger business in China to streamline its portfolio and focus on more strategic initiatives, including investments in AI and robotics.
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