Vitesco Technologies
Vitesco Technologies Group AG, headquartered in Regensburg, is a German automotive supplier for drivetrain and powertrain technologies. Vitesco Technologies was a business area of Continental AG until it became independent in September 2021. The company develops devices for electric vehicles as well as internal combustion engines.
History
On 1 January 2019, Continental Powertrain was carved out from the Continental AG. The brand name was changed from Continental Powertrain to Vitesco Technologies. The new name was introduced on 1 October 2019.In 2019, the company introduced a 48-volt-high-power drive with an output of 30 kW.
On 16 September 2021, Vitesco Technologies became independent from Continental and was listed on the Frankfurt Stock Exchange.
On 1 October 2024, Vitesco Technologies merged with Schaeffler Group.
Company structure
Vitesco Technologies was founded to act as a more independent and entrepreneurially flexible company. 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:
- Electrification 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.The products include electric drives, including 48-volt-systems, hybrid technologies, and high-voltage components.