Vitesco Technologies

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Vitesco Technologies
Formerly
Continental Powertrain
Private
IndustryAutomotive supplier
FoundedJanuary 1, 2019; 2 years ago (2019-01-01)
Headquarters
Regensburg
,
Germany
Area served
Worldwide
Key people
Andreas Wolf (CEO)
Revenue7,8 billion Euro (2019)
Number of employees
about 40,000
Websitevitesco-technologies.com

Vitesco Technologies (known as Continental Powertrain until autumn 2019), headquartered in Regensburg, is a German automotive supplier for drivetrain and powertrain technologies. Vitesco Technologies is a business area of Continental AG[1] and develops solutions for electric drive as well as internal combustion engines.

History

On January 1, 2019, Continental Powertrain was carved out from the Continental AG[2][3][4]. As part of the overall restructuring of Continental AG, Continental Powertrain was formed as the first of three new group sectors. Together with Continental Automotive Technologies and Continental Rubber Technologies, the three sectors make up the new structure of Continental since January 2020.[5] The brand name was changed from Continental Powertrain to Vitesco Technologies. The new name was officially introduced on October 1, 2019.[6][7] The new brand name originates from the Latin word “vita” (life). With this, the company aims to express its ability to react quickly and flexibly to the changing demands of the industry.[3][8]

In the media

              

References

  1. Reimann, Annina. "E wie Experiment : Contis Weg aus der Krise". www.wiwo.de (in Deutsch). Retrieved 2019-10-15.
  2. "Autozulieferer: Continental reagiert mit radikalem Umbau auf den Wandel der Autowelt" (in Deutsch).
  3. 3.0 3.1 "Powertrain startet in die Eigenständigkeit" (in Deutsch).
  4. Uhr, 01 Oktober 2019 05:00. "Aus "Division Powertrain" wird Vitesco". Mittelbayerische Zeitung (in Deutsch). Retrieved 2019-10-15.
  5. "Continental's Powertrain Division to now operate as an independent entity". Automotive Purchasing and Supply Chain. Retrieved 2019-10-31.
  6. Automobilwoche. "Aus Powertrain wird Vitesco Technologies: Conti-Antriebssparte startet in die Eigenständigkeit". Automobilwoche.de (in Deutsch). Retrieved 2019-10-31.
  7. "Continental AG Powertrain Arm Rebrands as Vitesco Technologies, Supplying Electric Drive Units to Hyundai and Groupe PSA". www.futurecar.com. Retrieved 2020-04-17.
  8. Uhr, 09 Oktober 2019 12:15. "Vitesco setzt Großauftrag um". Mittelbayerische Zeitung (in Deutsch). Retrieved 2019-10-15.

External links

This article "Vitesco Technologies" is from Wikipedia. The list of its authors can be seen in its historical. Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace.