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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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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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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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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German automotive supplier Vitesco Technologies has received several orders for its battery management systems (BMS), totalling more than two billion euros. These involve both the control units and the important software.
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Vitesco Technologies has joined the Swappable Batteries Motorcycle Consortium (SBMC). The consortium was founded in 2021 by the two-wheeler manufacturers Honda, KTM, Piaggio and Yamaha and has now grown to 21 members.
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Renault Group and Vitesco Technologies have entered into a strategic partnership for the joint development and production of power electronics. The so-called “One Box” is to be used in electric and hybrid drives.
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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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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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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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Vitesco Technologies has received a major order worth two billion euros from the Hyundai Motor Group. The South Korean company will use Vitesco drives in B- and C-segment electric cars worldwide from 2024.
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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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Vitesco Technologies has received a major order worth more than one billion euros from an unnamed American car manufacturer. In return, the German company will “supply millions of 800-volt inverters with silicon carbide technology for electric vehicles”.
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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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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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After introducing an 800 V inverter only six months ago, Vitesco Technologies is now preparing to start production of 800-volt electric motor technology in China, which is scheduled to start in 2023.
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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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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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The German research project ‘Street’ has equipped an electric van with photovoltaic modules. Based on the Streetscooter WORK L by DPDHL, the demonstrator is expected to gain over 5,000 km of range in a year of operation using the extra solar power.
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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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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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Vitesco Technologies has received an important order for its 800-volt components. For the first time, Continental’s drive division is supplying 800-volt inverters with silicon carbide technology in significant quantities to Hyundai.
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The supervisory board of Continental AG has approved the planned spin-off of the powertrain division Vitesco Technologies with a subsequent listing on the stock exchange. In addition, Vitesco has moved into a new regional headquarters in China.
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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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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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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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At the CTI Symposium in Berlin, Vitesco Technologies, Continental’s powertrain division, presented a cost-effective and compact hybrid transmission solution with Dedicated Hybrid Transmission (DHT).
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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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Vitesco Technologies, the former Powertrain division of Continental, has announced the signing of an agreement to supply the first fully integrated drive system for several PSA and Hyundai mass production models.
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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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