Expansion of Inmotion’s plant in Stockholm set to improve competitiveness in the electrification of the vehicle industry
Inmotion Technologies, a ZAPI GROUP company, doubles its production capacity with a new manufacturing facility that opened in Stockholm on June 8, 2023. As a result, Inmotion can deliver components for close to 200,000 vehicles per year, expected to generate an annual turnover of nearly one billion Swedish crowns within the next five years and create 100 new job opportunities in southern Stockholm.
“We are happy that the expansion continues here in Stockholm, as it is important for the whole group. Inmotion Technologies is an important player within ZAPI GROUP and Stockholm is one of the most important hubs for electrification in the EU. We are pleased to be present here because we expect strong and constant growth in electrification," says Daniele Bardini, CFO of ZAPI GROUP, on behalf of Mr. Giannino Zanichelli, founder and owner of the group.
From left: Mikael Johansson Director of Sales Inmotion Technologies, Martin Berg, regional manager for commercial properties Balder, Daniele Bardini, CFO of ZAPI GROUP, Mattias Nubäck, General Manager Inmotion Technologies, Anna Gissler CEO Invest Stockholm & Kristian Björkman CEO Toyota Material Handling Manufacturing Sweden AB
Inmotion Technologies is Sweden's largest manufacturer of power electronics for commercial vehicles; primarily motor control units and inverters for electric and hybrid vehicles such as buses, trucks, construction machinery, forklifts, etc. The electrification within the vehicle industry is increasing rapidly and in order to meet customer needs and continue to drive development forward, Inmotion is poised to double its operations in Sweden.
ZAPI GROUP is engineering the transition to an all-electric future with a highly integrated product portfolio with motion controllers, electric motors, high-frequency battery chargers, and autonomous navigation software for application in full-electric, hybrid vehicles and system integration. As a global electrification leader with deep systems experience, leading innovations, and an obsession with driving customers' success, ZAPI GROUP now counts more than 1600 employees worldwide with total annual revenue of more than 600 million US dollars and a total of 18 offices in 13 different countries.