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Miba scores points in the passenger car division
Miba AG generates 46 percent of its sales as a supplier to well-known car manufacturers. CEO F. Peter Mitterbauer criticizes the current hype about electromobility.
Miba scores points in the passenger car division
“Cars with combustion engines now have better CO2-Balance sheet as purely electrically powered cars," says Miba CEO F. Peter Mitterbauer at his company's annual press conference, and further: "The hype surrounding electromobility comes several years too early." Miba develops and produces plain bearings, sintered parts, friction linings, coatings and power electronics components for cars, trucks,
Construction machinery, ships, locomotives and wind turbines. Thanks to strong growth in the automotive division, Miba closed the past financial year with an increase in sales of 50 million euros. Despite a cautious assessment of the future of e-mobility, the company invests 4.4 percent of its sales in research and development of new technologies. Among other things, an electric motor was developed in Laakirchen whose torque could be increased by 30 percent in the same installation space.