Wheels and automotive structural components producer, Iochpe-Maxion has announced the opening of a new mobility innovation office in Berlin.
"As the automotive industry undergoes a major transformation, Iochpe-Maxion is keen to actively participate so we can capitalise on new growth opportunities while also remaining relevant to our customers," said Iochpe-Maxion president and CEO, Marcos Oliveira.
"Maxion Advanced Technologies is a strategic innovation initiative designed to help us think beyond today by connecting our current business with the future of mobility."
Maxion Advanced Technologies is a stand-alone organisation solely focused on the long-term horizon without limitations from the company's day-to-day wheels and structural components operations.
The team is located in The Drivery, Europe's largest mobility innovation community and marketplace located in Berlin.
Iochpe-Maxion has 31 manufacturing plants located in 14 countries and around 15,000 employees. It operates its core business through two divisions: Maxion Wheels and Maxion Structural Components.
Maxion Wheels produces and sells a range of steel wheels for light and commercial vehicles and agricultural machinery and aluminum wheels for light vehicles.
Maxion Structural Components produces side rails, cross members and full frames for commercial vehicles and structural components for light vehicles.
In addition, through AmstedMaxion (joint venture), the company manufactures railway wheels and castings, industrial castings and freight cars.
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