Press release

ZIP file is created

Your media collection

0 Item(s) | 0

Maximum download size exceeded.

There was a problem creating the zip file.

Selected Items Delete

0 Item(s) | 0

Maximum download size exceeded.

There was a problem creating the zip file.

Download the content as ZIP archive

Terms of Use — ZF Press Section

1. Scope, Definitions of Terms
1.1 These terms of use (hereinafter referred to as "Agreement") govern the relationship between

ZF Friedrichshafen AG
Corporate Headquarters / ZF Forum
Löwentaler Straße 20
88046 Friedrichshafen

(hereinafter referred to as "ZF") and the users (hereinafter referred to as "Users") of the ZF press section (hereinafter referred to as "Press Section") in connection with the download of text, video, audio, and photo content made available in the Press Section (hereinafter referred to as "Content").

1.2 Exclusively the version of this Agreement valid at the time of downloading Content by the User shall apply to the relationship between ZF and the Users.

2. Amendments to the Agreement
Amendments to this Agreement are notified to the User by way of publication on this website.

3. Use of Press Section
The use of the Press Section and the download of Content is possible without registration. Usage is free of charge.

4. Granting of Rights and Usage Restrictions
4.1 ZF grants Users a non-exclusive, non-transferable and non-sub-licensable right - revocable at any time and spatially unrestricted - to use the Content for editorial purposes in print and online media.

4.2 The Content provided in the Press Section is intended to be used by journalists, bloggers, and employees of media companies as a basis for editorial reporting. Editorial reporting normally exists when Content is used within the context of newspapers, magazines, school books, nonfiction books, blogs, and news broadcasts, without being influenced by private or business interests of third parties. Any commercial use, including, but not limited to promotional purposes, is not permitted.

4.3 Any editing of the Content is not permitted.

4.4 The dissemination of Content to unauthorized third parties is not permitted.

4.5 Any usage that is not permitted under this Agreement may, as an exception, be permitted by ZF. In this case, please send us an e-mail, including a description of the intended use, to the following address:

4.6 When using Content, the rights to a name and trademark rights as well as any other property rights of ZF and its Group companies and other third parties shall not be infringed to the extent that such rights are affected by the retrieved Content.

4.7 To the extent explicitly stated, the Content provided in the Press Section shall be used by making a reference to the stated source.

4.8 The granting of the usage right does not substantiate any further rights. ZF may limit or terminate the use of the Press Section at any time and without stating reasons.

4.9 The User agrees not to make any improper use of the Press Section, including, but not limited to avoiding any safety precautions, and not to use any equipment or applications that lead or may lead to damage to the equipment or a malfunction of the Press Section, including, but not limited to changes to the physical or logical structure of ZF's or its service providers' servers or network or other networks, and not to integrate the Press Section or part of it into other websites, neither for private nor commercial use, and not to use the Press Section for commercial purposes.

5. Limitation of Liability and Scope of Use of the Press Section
5.1 The information, statements and Content provided in the Press Section have been carefully researched and compiled. However, ZF is not liable for any errors or inaccuracies or for the completeness, accuracy and currency of the Content.

5.2 It cannot be ruled out that technical disruptions may occur when using the Press Section, for example delays in, or impossibility of, downloads of Content. In particular, ZF shall accept no liability for any resulting damage suffered by Users, including, but not limited to such damage arising from errors, delays, or interruptions in transmission, in case of failure of the technical equipment and the Press Section, incorrect Content, loss or deletion of data, viruses, or otherwise. This does not apply to claims for damages of the User from injury to life, body, or health or a violation of essential contractual obligations (cardinal obligations) as well as the liability for other damage that is based on willful misconduct or gross negligence on the part of ZF, its legal representatives or vicarious agents.

5.3 Essential contractual obligations are those whose fulfillment is necessary to achieve the purpose of the Agreement. In the event of breaches of essential contractual obligations, ZF shall only accept liability for the foreseeable damage typical of the contract if it was caused by ordinary negligence, unless it concerns claims for damages by the User arising from injury to life, body or health.

5.4 The provisions of the Product Liability Act remain unaffected.

6. Information on Data Processing
For all information on data collection, processing and use, please refer to the Data Privacy Statement for the Press Section which is accessible in printable form any time via the "Data Privacy Statement

7. Final Provisions
7.1 The usage relationship between ZF and the User is governed by the laws of the Federal Republic of Germany to the exclusion of the United Nations Convention on Contracts for the International Sale of Goods.

7.2 The possible ineffectiveness of a condition subject to this contract does not have any influence on the validity of the Agreement itself. The invalid term will in this case be replaced by the statutory provisions, to the extent available. However, if this represents unreasonable hardship for one of the contracting parties, the Agreement shall become void in its entirety.

7.3 The User expressly confirms prior to download to have read and accepted the provisions of this Agreement.

7.4 ZF reserves the right to transfer this Agreement to another party without the consent of the User, provided that this party undertakes to be bound by the Agreement's provisions.

8. Contact
If you have any questions or comments concerning these terms of use, please contact:

ZF Friedrichshafen AG
Corporate Headquarters
Graf-von-Soden-Platz 1
D-88046 Friedrichshafen

ZF, UBS and innogy Innovation Hub Announce the Jointly Developed Blockchain Car eWallet

  • Automatically takes care of mobility-related payment transactions
  • Ideal for charging electric cars and micropayments
  • Blockchain technology makes it secure and versatile

Las Vegas. The new Car eWallet from ZF, UBS and the innogy Innovation Hub, built on blockchain technology to ensure security, is an innovative payment system that makes it easy to pay for electric car charging while on the go. Additonally, this innovative solution will handle many other mobility-related payments, such as highway tolls, parking fees or car-sharing.

With electric cars, the main issues for drivers are short driving ranges and short charging cycles. Even when the driver does find a charging station, the various types of charging stations as well as different charge card and payment systems frequently prove to be challenging. To overcome such challenges, ZF collaborated with UBS and innogy Innovation Hub to develop the innovative Car eWallet, which can offer several convenient payment features and functions.

The Car eWallet will allow users pay on-the-go for highway tolls, parking fees and electric charging, and can collect fees for car-sharing, energy provisioning to the power system or delivery services. The innogy Innovation Hub, for example, makes it possible to integrate the charging infrastructure into the solution allowing the Car eWallet to automatically and securely handle the payment after charging the battery.

Automatic payment convenience

Like any normal wallet, the Car eWallet has to be filled on a regular base. Users can easily transfer money online from a PC or a dedicated mobile app and authorize the Car eWallet to independently make payments up to a certain limit. For example, on the morning drive to the office, the car will automatically pay a toll, thus saving the driver the trouble of waiting in line at a tollbooth. The driver is then notified while still in transit and the user receives updates online of every payment transaction made by the Car eWallet.

Micropayment feature

With the new solution developed jointly by ZF, UBS and the innogy Innovation Hub, every user will have rapid and simple access to the charging infrastructure registered on the blockchain.

No separate registration or login processes are required to make use of electric charging stations. Once connected to a charging station, vehicle batteries can be charged and the charging fees will be automatically paid by the Car eWallet.

Inductive charging – which could occur while waiting at a red light or at a pedestrian crossing – can only transmit small quantities of power to the vehicle. But every bit of power counts when increasing the electric car’s drive range. With its micropayment feature, the Car eWallet will be able to transact the smallest of payments which makes “charge on the go” more attractive for power suppliers.

Opening a variety of options

Another planned feature of the Car eWallet is to accept payments and authorize third-party access to the vehicle. Instead of having a potential ride or car-sharing vehicle standing uselessly in a parking lot, the Car eWallet could make it available for use to third parties and receive the fees for the car-sharing from the temporary driver.

Car eWallet will also allow access to the vehicle to third parties that are not drivers. For example, the Car eWallet user can enable the trunk of his or her parked car to open if a specific authentication code is scanned. It will allow delivering packages directly to a vehicle and placing them in the trunk, while still protecting the vehicle from unauthorized access.

Car eWallet could also be integrated into intelligent power supply systems. In future, intelligent power supply systems could use the blockchain technology in the car to control the charging process depending on the renewable energy available in the system. In particular, the car could also provision energy back to the power supply system if authorized by the user to fulfill such demand.

Secure blockchain technology

The underlying technology used for the Car eWallet is blockchain technology which allows for carrying out business transactions in near real-time without needing a centralized entity or trusted third party. Blockchain refers to a virtual, cryptographically secure chain of data blocks which store records of all transactions, so that a list of all user account balances can be generated. Because this list is stored on many computers and can be checked on by all users, the system is considered very secure.

The innovative Car eWallet was developed jointly by ZF, UBS and the innogy Innovation Hub. The partners are planning to field-test the Car eWallet in 2017.

Download complete press release



ZF, UBS and innogy Innovation Hub Announce the Jointly Developed Blockchain Car eWallet

Las Vegas. The new Car eWallet from ZF, UBS and the innogy Innovation Hub, built on blockchain technology to ensure security, is an innovative payment system that makes it easy to pay for electric ...




ZF Car eWallet

The Blockchain Car eWallet makes it easy to pay for charging electric cars. The electronic wallet can even be used to pay for highway tolls, parking fees or car-sharing.

More information

ZF Blockchain Technology

The blockchain technology is the basis for the Car eWallet developed jointly by ZF, UBS and the innogy Innovation Hub.

More information

Press contact

Thomas Wenzel
Director External Communications
Phone: +49 7541 77-2543