Vitesco Tech Grp

Vitesco Technologies Group AG engages in the development, manufacture, and sale of components and system solutions for the powertrain of hybrid and electric vehicles. It operates through the following segments: Electronic Controls, Electrification Technology, Sensing and Actuation, Contract Manufacturing, and Other. The Electronic Controls segment includes electronic, mechatronic, and software solutions for the powertrain of BEVs, hybrids, and ICE powered vehicles. The Electrification Technology segment offers systems and components for the electrified powertrain. The Sensing and Actuation segment develops components which aim to enable powertrain propulsion solutions. The Contract Manufacturing segment records the manufacturing activities of Vitesco Technologies and Continental Group. The Others segment is composed of centrally managed subsidiaries and affiliates, such as holding, financing, and insurance companies. The company was founded on November 15, 2019 and is headquartered in Regensburg, Germany.