Schaeffler Savaria E-mobility Components Factory

Schaeffler Savaria's second plant was handed over in Szombathely, the Hungarian Investment Promotion Agency reports. The investment is a new facility realizing the development and production of powertrains for electric vehicles, built on a 30-hectare area three kilometers from the old factory with a greenfield investment.

As the first electromobility plant of the Schaeffler Group, it was established in accordance with the highest standards for sustainable and energy-efficient production in the field of e-mobility. The development in the value of more than EUR 70 million will take place in a 15,000-square-meter production hall, creating 150 new jobs. Over 20% of the investment costs are covered by Hungarian taxpayers through a government decision.

Thanks to the greenfield development of the German-owned Schaeffler Savaria and in accordance with the expectations of the world market, only electric motor components will be produced in the new plant in Szombathely. With the development, the company in Szombathely will become one of the largest production plants of Schaeffler in the world.

Following plant number one, which has been operating for 25 years, the new facility will produce purely electromobility products, which is the first within the Schaeffler Group. The plant is expected to produce 800,000 parts per year by 2023, and will reach its maximum capacity between 2026 and 2029, producing 1.8 million parts per year. Aluminium and steel parts will be installed into the products of major car manufacturers.

The new factory was created in accordance with the highest Schaeffler standards, the requirements of sustainable and energy-efficient production, as well as the group's concept of 'The Factory of the Future', which includes green operation as an important element.

As a first step, the company will create about 150 jobs over the next five years in the new plant. The Szombathely site, which already consists of two plants and a research and development centre, will employ a total of almost 3,500 people. Most of the colleagues working in the field of research and development and production processes, based on e-mobility, participate in multi-week training programs at the Schaeffler Academy in Germany.