Rheinmetall Automotive generated record earnings in 2018. The three divisions Mechatronics, Hardparts and Aftermarket achieved sales growth compared to the previous year.

For electric drive systems, automobile manufacturers need the internal combustion know-how of their suppliers, says Horst Binnig, head of Rheinmetall Automotive. This should have a positive effect on traditional companies.

The joint venture between Rheinmetall Automotive and China's HUAYU Automotive Systems has developed a production process that is particularly suitable for highly complex engine block geometries and electric motor housings.

KS Huayu Alutech invests around 35 million euros in the construction of a new production hall in Neckarsulm. On 5,000 square meters, the automotive supplier will manufacture structural aluminum components in the future.