Schaeffler CEO: 10% of revenue from non-automotive sectors by 2035

NAMPA / DPA

2026-02-27

Berlin (dpa) - German auto supplier Schaeffler plans to generate a growing share of its revenue from sectors beyond its traditional automotive business, including humanoid robots and defence technologies, chief executive Klaus Rosenfeld told dpa. "We aim to generate 10% of our revenue from new activities by 2035," Rosenfeld said. "If we reach roughly ?30 billion [$35.5 billion] in sales by then, we will need ?3 billion from new growth fields." Po......

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