At IAA Transportation 2024, Schaeffler showcased a variety of powertrains, including electric, hydrogen, and internal combustion engines, reflecting their 'technology-open' philosophy. CEO Matthias Zink stressed the importance of maintaining a diverse approach and avoiding a singular focus on technologies like BEV or hydrogen. Zink highlighted the untapped potential in developing more efficient internal combustion engines, essential for achieving CO2 reduction targets. He also emphasized the importance of hydrogen combustion engines, noting Schaeffler's progress in this innovative area. The upcoming merger with Vitesco Technologies is set to bolster Schaeffler's capabilities in electrified drive systems. Zink's insights shed light on the company's commitment to embracing a variety of technologies to drive innovation in the road transportation sector.