The acquisition of Compact Dynamics is a further important step for Schaeffler (www.schaeffler.co.uk), as it expands its electric-drive activities.

Compact Dynamics has experience in small-volume production in the automotive sector, as well as in the commercial-vehicle and aviation sectors.

The company’s automotive expertise is illustrated by the Schaeffler High Performance 48 Volt concept vehicle containing an electric axle drive system based on a 48V drive produced by Compact Dynamics.

Peter Gutzmer, deputy CEO and chief technology officer at Schaeffler, said: “With the integration of Compact Dynamics, Schaeffler is strengthening its capabilities for the development, industrialisation and production of electric drives, regardless of where they are fitted and their level of voltage.

“At the same time, we are expanding our added-value opportunities with regard to drive systems for hybrid and all-electric vehicles. It is clear that electric mobility will gain momentum after 2020.

“In the coming two years, we will put the first electric drives into volume production for use in both P2 hybrids and electric axles.”

Schaeffler and Compact Dynamics, which is based in Starnberg and employs over 70 engineers, have been working together for some years.

Moreover, Compact Dynamics’ products have not only won numerous world championship long-distance races in hybrid racing cars but also provided the basis for the electric drive train used successfully by the ABT Schaeffler Audi Sport Team for the FIA Formula E.