Schaeffler Group's electric drive business development

Schaeffler Group's electric drive division achieved a year-on-year growth of 7.8% in the first quarter of 2025, with sales reaching 1.174 billion euros. Among them, the sales of electric drive systems were 347 million euros, a year-on-year increase of 33.3%; the sales of electronic control systems were 649 million euros, a year-on-year increase of 3.9%; the sales of mechatronics and modules were 178 million euros, a year-on-year decrease of 12.7%. In the first quarter of 2025, Schaeffler's sales were 5.924 billion euros, a year-on-year decrease of 3.5%; the net profit was 83 million euros, a year-on-year decrease of 64%.