Vitesco Technologies

Vitesco Technologies Group AG (known until autumn 2019 as Continental Powertrain), headquartered in Regensburg, is a German automotive supplier for drivetrain and powertrain technologies. Vitesco Technologies was a business area of Continental AG[1] until it became independent in September 2021. The company develops devices for electric drive as well as internal combustion engines.

Vitesco Technologies Group AG
TypeAktiengesellschaft
ISINDE000VTSC017
Industryautomotive supplier
FoundedJanuary 1, 2019 (2019-01-01)
Headquarters
Regensburg
,
Germany
Area served
worldwide
Key people
Andreas Wolf (CEO)
Revenue9.1 billion Euro (2022)
Number of employees
about 38,000
Websitevitesco-technologies.com

History

On January 1, 2019, Continental Powertrain was carved out from the Continental AG.[2][3][4] The brand name was changed from Continental Powertrain to Vitesco Technologies. The new name was officially introduced on October 1, 2019.[5][6]

On September 16, 2021, Vitesco Technologies became independent from Continental and was listed on the Frankfurt Stock Exchange.[7]

Company Structure

Vitesco Technologies was founded to act as a more independent and entrepreneurially flexible company.[8] Andreas Wolf had headed Continental's Powertrain division since 2018 and became CEO of Vitesco Technologies after the demerger.

Vitesco Technologies has two divisions which act economically independent:[9][10]

  • Electification Solutions
  • Powertrain Solutions

Products

The company develops components for hybrid electric, electric drive and combustion engines. The product portfolio includes electric drives, electronic control units, sensors and actuators, as well as exhaust management devices.[11]

The products of Vitesco Technologies include electric drives, from 48-volt-systems and hybrid technologies to high-voltage components. In 2019, the company introduced their 48-volt-high-power drive with an output of 30 kW. The 48-volt-hybrid component, consisting of an electric machine with integrated power electronics as well as a battery, has comparable functions to a high-voltage electric machine; however it is more compact, lighter and cheaper to produce while having the same efficiency. In the high-voltage segment, Vitesco Technologies offers an axle drive with two power outputs, 120 or 150 kW. The high-voltage axle drive combines the electric engine, power electronics and reduction gear in one. Because of its size and efficiency, it is suitable for numerous vehicles and concepts.[12][13]

Power electronics, which control the cooperation between the electric machine and the battery, are another part of the product portfolio. Vitesco Technologies supplies various types of electronic vehicles with power electronics: from plug-in hybrids and electric cars with highly integrated axle drives to electric high-performance vehicles. The integrated power module allows a current of up to 650 amperes and provides the electric machine with energy and controls the energy recovery.[14]

References
  1. Reimann, Annina. "E wie Experiment : Contis Weg aus der Krise". www.wiwo.de (in German). Retrieved 2019-10-15.
  2. "Autozulieferer: Continental reagiert mit radikalem Umbau auf den Wandel der Autowelt" (in German).
  3. "Powertrain startet in die Eigenständigkeit" (in German).
  4. Uhr, 01 Oktober 2019 05:00. "Aus "Division Powertrain" wird Vitesco". Mittelbayerische Zeitung (in German). Retrieved 2019-10-15.
  5. Automobilwoche. "Aus Powertrain wird Vitesco Technologies: Conti-Antriebssparte startet in die Eigenständigkeit". Automobilwoche.de (in German). Retrieved 2019-10-31.
  6. "Continental AG Powertrain Arm Rebrands as Vitesco Technologies, Supplying Electric Drive Units to Hyundai and Groupe PSA". www.futurecar.com. Retrieved 2020-04-17.
  7. "Vitesco Technologies successfully debuts on the Frankfurt Stock Exchange". Automotive World. 2021-09-16. Retrieved 2022-03-28.
  8. Automobilwoche. "Aus Powertrain wird Vitesco Technologies: Conti-Antriebssparte startet in die Eigenständigkeit". Automobilwoche.de (in German). Retrieved 2019-10-31.
  9. "Vitesco ist elektrisiert". Retrieved 2023-04-26.
  10. "Vitesco Technologies records major earnings from electrification".
  11. "Über uns" (in German).
  12. "Meilenstein der Elektromobilität: Continental baut ersten voll integrierten Achsantrieb für die Großserie" (in German).
  13. Uhr, 09 Oktober 2019 12:15. "Vitesco setzt Großauftrag um". Mittelbayerische Zeitung (in German). Retrieved 2019-10-15.
  14. "Neues Powermodul von Continental kombiniert Elektromobilität mit maximalem Fahrspaß" (in German).


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