Vitesco Technologies GmbH Overview
Company Headquarters: Regensburg, Germany
Founded: 2021
Workforce: ~37,488
Company Working: Vitesco Technologies GmbH (Vitesco) is a leading supplier of modern drive technologies and electrification solutions for automotive vehicles. Vitesco earlier was a business area of Continental AG until September 2021. The company operates into various business segments such as electrification technology, electronics control, sensing & actuation, contract manufacturing and others. The company’s broad array of products is used in several automotive vehicles all over the world and helps the auto manufacturers to meet the stringent code and regulatory requirements with its highly engineered products. The product portfolio consists of electric drive units, electronic controls, sensors, actuators, and other systems & solutions for treating exhaust gases. The company has its development and production sites at 50 different locations, in all growing markets like North America, Europe, and China.
Strategy
Vitesco strategy ‘Direction 2030’ is focused on five main areas like, becoming a leader in electrified solutions, business excellence, focus on its own people, to be a driver of sustainability and become investors choice. The aim is to create a sustainable enterprise with an important mission to improve the quality of life and the environment. The company will continue to provide the world with products and solutions that will help its customers manage power safely, sustainably reliably, and efficiently.
