Suppliers

How Vitesco aims to benefit from the shift to electrified powertrains

Vitesco will supply its fully integrated electric axle drive system to PSA Group and Hyundai. PSA will use the system on models underpinned by its e-CMP platform such as the Peugeot e-208 and Opel Corsa-e.
April 25, 2020 04:30 AM

Megasupplier Continental is preparing to spin off its powertrain business to create Vitesco Technologies, a stand-alone, publicly listed company that aims to capitalize on the industry's rapid move toward electrification. By 2025 Vitesco expects 40 percent of all powertrains to be electrified because of a combination of tougher global emissions regulations and rising consumer demand. CEO Andreas Wolf wants the company to play a leading role in the transition. He explained how in an interview with Automotive News Europe Managing Editor Douglas A. Bolduc

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