Tag: Vitesco Technologies

Mar 23, 2023 - 01:32 pm

Vitesco achieves billion-dollar turnover with EV components

The drive supplier Vitesco Technologies surpassed the one billion euro mark in turnover with electrification products for the first time in 2022. With electric drives and other components, Vitesco turned over around 1.1 billion euros, compared to 0.9 billion euros in 2021.

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Nov 15, 2022 - 03:42 pm

Human Horizons orders components from Vitesco

The Chinese electric car manufacturer Human Horizons has ordered various components for its electric cars from Vitesco Technologies. In addition to general control electronics, the order includes cell monitoring for battery management and high-voltage current measurement modules.

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Nov 8, 2022 - 05:53 pm

Vitesco presents improved hybrid motorcycle drive

At this year’s motorbike trade fair EICMA, the drive supplier Vitesco Technologies is showing the second development stage of its hybrid concept for motorbikes, which was presented last year. But there are also new Vitesco solutions for smaller two-wheelers.

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Oct 13, 2022 - 06:42 pm

Vitesco Technologies targets break even by 2024

Vitesco’s eMobility components have scored the drive supplier orders worth around €10 billion in the last two and a half years. Vitesco expects the electrification business to break even in 2024 as the German supplier lays out its business strategy for this decade.

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Jul 4, 2022 - 06:33 pm

Schaeffler increases stake in Vitesco Technologies

In Germany, the Schaeffler family has increased its stake in the drive manufacturer Vitesco Technologies. The Schaeffler company IHO has acquired 1.6 million Vitesco shares. This increases the family’s stake in Vitesco Technologies by around four per cent to a total of 49.99 per cent.

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Jun 12, 2022 - 03:26 pm

Vitesco reveals motor with coils, not a magnet

Vitesco Technologies has announced it will be presenting several innovations for vehicle electrification at the 35th International Electric Vehicle Symposium (EVS) in Oslo from 11 to 15 June. Among these is a separately excited synchronous electric motor that is to be optimised for long-distance driving at higher speeds.

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Jun 1, 2022 - 03:45 pm

Vitesco signs SiC semiconductor deal with Infineon

Vitesco has signed a cooperation agreement with Infineon for the supply of silicon carbide power semiconductors – according to the company against the background of the strong growth in electromobility. In addition, Vitesco and Infineon plan to collaborate on development.

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Mar 27, 2022 - 04:02 pm

Vitesco records major earnings from electrification

Vitesco Technologies has published its 2021 earnings and the focus on 800-Volt technology was paying off. E-mobility products made up almost half of their revenue last year. The news also saw the company announcing another major order worth around two billion euros for its latest electric drive system.

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Nov 23, 2021 - 05:29 pm

Vitesco brings out e-motors for two wheelers

The German automotive supplier Vitesco Technologies has just presented system solutions for 48-volt electric drives for two-wheelers for the first time at the Milan motorbike trade fair EICMA 2021. A demonstration model of a hybrid motorbike will also be on display.

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Nov 4, 2021 - 04:40 pm

Vitesco expands R&D capacities in China

Vitesco Technologies has commissioned a new research and development centre in Tianjin, China. The focus of the new facility is on the development and testing of electrified drive systems – especially for the Asia-Pacific region.

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Aug 20, 2021 - 03:12 pm

Vitesco to produce fuel cell control unit

Vitesco Technologies has announced that it is developing a control unit for fuel cell applications. The Fuel Cell Control Unit (FCCU) is to go into series production in the second half of the decade.

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Jul 8, 2021 - 01:43 pm

Vitesco presents new electric axle generation

Vitesco Technologies has presented the new generation of its electric axle drive. The manufacturer promises that the EMR4 is 25 per cent lighter with the same performance – and can cover a wider performance range at lower cost. The EMR4 is being built in China, among other places.

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Apr 1, 2021 - 11:33 am

Stellantis to deliver fuel cell transporters in 2021

The Stellantis Group has announced that three electric transporters from Opel, Peugeot and Citroën will also be offered with a fuel cell system this year, which should enable WLTP ranges of over 400 kilometres. Specifically, these are the Opel Vivaro, Peugeot Expert and Citroën Jumpy.

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Mar 25, 2021 - 12:57 pm

Vitesco aims for 30% profits from electrification

After the supervisory board of Continental AG approved the spin-off of the powertrain division Vitesco Technologies a few days ago, the latter has now presented its current strategy. In the medium term, Vitesco wants to generate over 30 per cent of its sales in its core business with electrification.

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Feb 26, 2021 - 01:19 pm

Vitesco opens electric drive plant in Hungary

After two years of construction, Continental’s powertrain division Vitesco Technologies has put its new plant in Debrecen, Hungary, into operation. Electronics and transmission sensors for drives for use in fully electric and electrified vehicles are manufactured there on an area of around 7,000 square metres.

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Aug 12, 2020 - 12:31 pm

MEB drive unit to come from Vitesco

Continental’s drive unit Vitesco Technologies has developed the drive control unit for Volkswagen’s MEB electrical construction kit. The German company based in Regensburg is the sole supplier of the component for the MEB platform.

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Jun 4, 2020 - 05:51 pm

Vitesco picking up semiconductors from Rohm

Continental’s drive division Vitesco Technologies has selected Rohm Semiconductor as its preferred partner for silicon carbide power semiconductors. Vitesco Technologies will use Rohm’s SiC technologies to increase the efficiency of its power electronics for electric vehicles.

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Nov 17, 2019 - 06:25 pm

Continental closes e-bike drive division

Continental will close its e-bike motor business at the end of this year, “for economic reasons” and to “invest in other growth areas,” the company says. Service for pedelec drives already delivered is to be maintained until 2022.

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Sep 3, 2019 - 12:53 pm

Continental considers splitting off powertrain division

Parallel to the ongoing preparations for a possible partial IPO of its Powertrain division, Continental is now also considering a possible complete subsidiary of the Powertrain division (in future: Vitesco Technologies) with the subsequent listing on the stock exchange.

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Found on electrive.com
https://www.electrive.com/2023/03/23/vitesco-achieves-billion-dollar-turnover-with-ev-components/
23.03.2023 13:45