Schaeffler invests $230 million in new automotive manufacturing facility in Ohio for EV products – Charged EVs
Baua Electric
FEBRUARY 27, 2024
The first phase will boast roughly 130,000 square feet of manufacturing space dedicated to electric mobility products, including electric axles for light- and medium-duty EVs. The state government is providing grants and tax credits for the company’s investments, which are expected to create some 650 jobs.
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