ZF and BMW Sign Multi-Billion Euro Agreement for 8-Speed Automatic Transmission Development
ZF Friedrichshafen AG and BMW Group have signed a long-term supply agreement for the continued development of the 8-speed automatic transmission (8HP), worth several billion euros and running until the late 2030s.
- several billion euros
- until the late 2030s
What Happened
ZF Friedrichshafen AG and the BMW Group have signed a long-term supply agreement focused on passenger car drive systems. The core of the deal is the supply and continued development of the proven 8-speed automatic transmission (8HP). The contract, worth several billion euros, runs until the late 2030s, providing a solid foundation for open-technology and low-emission mobility.
“Together with BMW, we are sending a strong signal for innovation, efficiency, and sustainability in an industry undergoing dynamic change. This agreement highlights the strategic importance of our 8-speed automatic transmission as a key technology for the transformation of drive systems.”
“The new agreement with BMW shows how important long-term planning horizons are for technological advancements. It creates clarity and stability for both companies and enables us to align the next generation of the 8HP specifically toward efficiency, performance, and long-term viability.”
Why this matters
This agreement provides planning stability for both companies and supports the development of low-emission drive technologies, showing how traditional automotive players are collaborating to adapt to the industry's shift toward electrification.
Terms in This Story
- 8-speed automatic transmission (8HP)
- An automatic gearbox with eight forward gears, known for its efficiency and used in various passenger cars.
- system supplier
- A company that provides complete systems or integrated components to manufacturers, rather than just individual parts.
Summarised from the linked release; details can be imperfect — always verify against the original source.