Growing demand for fuel-efficient autos and portable automotive components is influencing market progress. Electric vehicles supply excessive energy efficiency, with fewer components such as the drive and differential, ensuing within the digital elimination of the gearbox and a reduction within the number of gears required. The recent COVID-19 pandemic has significantly impacted the automotive trade, leading to a decline in car demand because of quarantines and journey restrictions.
For over a hundred and fifty years, Klingelnberg has been at the forefront of the small and large wheel and transmission industries. With the rise of Industry 4.zero, the company has pushed …