Schaeffler sells turbocharger business in China

5 November 2025

Schaeffler AG announced it is selling its Chinese turbocharger business, which is in decline and consolidated under Vitesco Automotive Shanghai Co., Ltd., to Chengdu Xiling Power Science & Technology Incorporated Company (“Xiling”), a leading Chinese specialist in turbocharger technology. With this step, Schaeffler AG is implementing the portfolio streamlining strategy announced at its Capital Markets Day on September 16, 2025.

“This transaction marks an important step in our efforts to streamline our business portfolio following the acquisition of Vitesco and to focus on the areas where we can remain competitive in the long term,” said Klaus Rosenfeld, CEO of Schaeffler AG. “As announced during our Capital Markets Day on September 16, 2025, further steps will follow.”

Schaeffler acquired the turbocharger business in 2024 through the acquisition of Vitesco Technologies. In the course of the bidding process, Xiling was selected as the preferred strategic partner. By acquiring Vitesco Automotive Shanghai Co., Ltd., Xiling intends to further develop its position among international automakers. As part of the transaction, measures have been put in place to ensure the continued supply of ongoing projects until the end of their production cycles, to minimize risks for customers, and to avoid disruptions to operations.

Vitesco Automotive Shanghai Co., Ltd. employs around 50 people and generated revenues of approximately 100 million euros in the last financial year. The closing of the transaction is expected in the first half of 2026, subject to regulatory approvals and mutual agreement.

Source: Schaeffler