Global Recognition Schaeffler AG received the prestigious 2023 Global Enabling Technology Leadership Award, showcasing its innovative capabilities and positioning as a leader in the industry. This recognition could be leveraged to attract new clients looking for cutting-edge solutions.

Product Launches The recent launch of the E-Axle repair kit for e-Golf and the range of INA auxiliary water pumps presents sales opportunities to cater to the growing market for electric mobility solutions. Pitching these new products to existing and potential customers can drive revenue growth.

Expansion in the US With the expansion of offices and manufacturing facilities in Ohio, Schaeffler is strategically positioning itself in the lucrative US market. The addition of 650 new jobs and a focus on automotive electric mobility solutions opens up avenues for partnerships and increased sales in the region.

Alibaba Partnership Partnering with Alibaba Greater China indicates Schaeffler's commitment to expanding its reach in key global markets. This partnership could lead to new business opportunities, particularly in the booming Chinese market, by tapping into Alibaba's extensive network and customer base.

Financial Support Receiving a substantial development loan from the European Investment Bank underscores Schaeffler's financial stability and growth plans. This injection of capital can be utilized to enhance product development, boost marketing efforts, and explore new sales channels for increased revenue generation.