German car-parts maker ZF Friedrichshafen AG aims to grow sales in China to benefit from the country’s rapid shift to electric vehicles, WirtschaftsWoche reported.

The company wants to generate around 30% of its total revenue in China by 2030, up from about 18% last year, ZF management board member Stephan von Schuckmann told the publication. Revenue is expected to grow as more Chinese automakers export their vehicles abroad, he said.