Swiss auto parts supplier Feintool announced on Tuesday that due to weak demand for electric cars and uncertainties in transitioning to wind power, the company will close one of its factories in Germany and lay off up to 200 employees. Feintool plans to restructure the production of electric machine rotors and stators, and has stated that it will close the unprofitable factory near Stuttgart in Sachsenheim, transferring most of the production to the Tokod factory in Hungary. Feintool stated that these changes will be negotiated with workers' representatives, aiming to retain around 250 out of the current 450 jobs in Sachsenheim and Wiezbürgen.