(FILES) A section of an 8-speed plug-in hybrid transmission is seen in an exhibition at the headquarters of German technology company ZF Friedrichshafen in Friedrichshafen, southern Germany, where the company holds its annual general meeting on April 4, 2019. German car parts manufacturer ZF said on July 26, 2024 it would cut up to a quarter of jobs in Germany, as the switch to electric vehicles puts pressure on the sector. (Photo by THOMAS KIENZLE / AFP) (Photo by THOMAS KIENZLE/AFP via Getty Images)