SAF-HOLLAND wins European Transport Award for Sustainability

DGAP-News: SAF-HOLLAND SE / Key word(s): Sustainability/Market launch
19.11.2021 / 11:01
The issuer is solely responsible for the content of this announcement.
SAF-HOLLAND wins European Transport Prize for Sustainability
  Bessenbach, November 19, 2021.

SAF-HOLLAND, one of the world’s leading suppliers of trailer and truck components was honoured by the “Transport” trade journal last night in a formal award ceremony with the 2022 European Transport Prize for Sustainability for its electric trailer axles in the “Components and Assemblies” category.
  The aim of the European Transport Prize for Sustainability, which is now into its sixth year, is to encourage companies in the commercial vehicles industry to make their business activities more sustainable. The prize is given in recognition of the fact that corporate responsibility not only helps to solve ecological and social problems but also promotes a company’s competitiveness and profitability.
 

The e-axles from SAF-HOLLAND, which use recuperation and provide traction assistance, protect the environment – not only in production but also in operation. The SAF TRAKr recuperative axle reduces fuel consumption, CO2 emissions and particulate emissions of trailers. In addition, the SAF TRAKe electrified trailer axle provides traction assistance for the tractor unit in difficult road conditions.

Already in the production process SAF-HOLLAND has opted not to use rare earths or copper for either of these e-axles.
  With the electrical trailer axles, cooling units in refrigeration vehicles for instance can be operated fully electric. Ten pre-production vehicles are already on the road in Europe and one other in Australia.

By the end of the year a total of 50 trailers from various manufacturers should be equipped with the SAF TRAKr recuperative axle. Another 50 pre-series vehicles are planned for 2022. The start of serial production is scheduled for the end of the first quarter of 2022.
 

“With this award, we are very happy to have won the recognition of the jury for our contribution towards electrifying heavy transport. Our SAF TRAKe and TRAKr e-axles conserve valuable resources during production and systematically reduce CO2 and noise emissions in operation,” says Christoph Gunter, President Europe, Middle East and Africa and also the Chief Technology Officer (CTO) at SAF-HOLLAND.
  About SAF-HOLLAND

SAF-HOLLAND SE, located in Bessenbach, is one of the leading international manufacturers of chassis-related assemblies and components, primarily for trailers and trucks. In addition to axle and suspension systems, the product range includes fifth wheels, coupling systems, kingpins and landing gear, which are sold under the SAF, Holland, Neway, KLL, V.Orlandi and York brands. SAF-HOLLAND supplies original equipment manufacturers (OEM) on six continents.

In the Aftermarket business, the Company supplies replacement parts to manufacturers’ service networks (OES), wholesalers, and, with the help of distribution centers, to end customers and service centers via an extensive global sales network. With the innovation offensive “SMART STEEL – ENGINEER BUILD CONNECT”, SAF-HOLLAND combines mechanics with sensors and electronics and is driving forward the digital networking of commercial vehicles and logistics chains. Around 3,600 committed employees worldwide are already working on the future of the transport industry today.

Further information is available at: https://corporate.safholland.com/en
Contact Petra Muller
Head of Investor Relations, Corporate and ESG Communications
Tel: +49 (0) 6095 301 918

[email protected]

Future-oriented statements This press release contains certain future-oriented statements that are based on current assumptions and forecasts made by the management of SAF-HOLLAND SE. Various known and unknown risks, uncertainties and other factors may lead to the actual results, financial position, development or performance of the company deviating considerably from the appraisals specified here.

The company assumes no obligation to update future-oriented statements of this nature or adapt them to future events or developments.
Note This announcement is for information purposes only and does neither constitute an offer to sell, purchase, exchange or transfer any securities nor a solicitation of any offer to sell, purchase, exchange or transfer any securities.

The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. SAF-HOLLAND SE does not intend to register any securities referred to herein under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States in connection with this announcement.
 

Contact:
Petra Mueller
Head of Investor Relations, Corporate and ESG Communications

SAF-HOLLAND SE
Hauptstrasse 26
63856 Bessenbach
Phone +49 6095 301-918
[email protected]

19.11.2021 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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