Vitesco is now officially a part of Schaeffler October 02, 2024 Schaeffler AG has successfully completed the merger with Vitesco Technologies Group that was announced almost a year ago.
Vitesco starts production of battery status tech in China July 23, 2024 Germany's Vitesco Technologies has confirmed it is now in large-scale production of its battery management tech for a ‘leading Chinese car manufacturer’ from its plant in Changchun.
ST maintains top spot in revenue ranking for SiC power devices June 26, 2024 According to TrendForce, the SiC power devices market continued to display strong growth in 2023, driven by the use of BEVs. Roughly 91.9% of total revenue came from the top five suppliers; ST led the pack with a 32.6% market share, while Onsemi jumped from fourth place in 2022 to second place.
Taiwanese firms target Czech Republic for chip production February 02, 2024 Business groups from Taiwan and the Czech Republic have signed a memorandum of understanding (MOU) to explore semiconductor manufacturing in the region.
Vitesco to start operations at €188 million Czech plant January 30, 2024 The manufacturer of drive technologies and electrification solutions is set to start operations at its 38,000 square metre new manufacturing and automated logistics centre in Ostrava-Hrušov by year's end.
Schaeffler makes an offer for Vitesco Technologies October 09, 2023 Schaeffler has decided to launch a public tender offer for all outstanding shares in Vitesco Technologies to create a leading "Motion Technology Company" with four focused divisions, in a deal that values the powertrain supplier at EUR 3.64 billion.
Vitesco and ROHM sign a long-term SiC supply partnership June 19, 2023 Vitesco Technologies says it has secured strategically important capacities in energy-efficient SiC power semiconductors through a long-term supply partnership with ROHM – worth over USD 1 billion until 2030.
Vitesco and onsemi sign SiC long-term supply deal May 31, 2023 Vitesco Technologies and onsemi have entered into a 10-year long-term supply agreement worth USD 1.9 billion (EUR 1.75 billion) for SiC products to enable Vitesco's ramp in electrification technologies.
Vitesco relies on Infineon for SiC semiconductors June 02, 2022 Vitesco Technologies has signed a cooperation agreement with Infineon Technologies AG. The cooperation is said to strengthen Vitesco’s position in the field of silicon carbide semiconductors, and opens up the possibility of additional capacity for the strong growth in electromobility.
Vitesco wins massive order from North American automaker January 11, 2022 Vitesco Technologies has won an order worth more than EUR 1 billion from a major North American car manufacturer.
EV market continue to drive demand for 6” SiC wafers December 02, 2021 Demand from the global automotive market for 6-inch SiC wafers is expected to reach 1.69 million units in 2025 thanks to the rising penetration rate of EVs and the trend towards high-voltage 800V EV architecture, according to TrendForce’s latest investigations.
GaN Systems raises $150M to speed up adoption of GaN technology November 22, 2021 GaN Systems announces a USD 150 million growth capital funding round to accelerate innovation and adoption of GaN technology across its automotive, consumer, industrial, and enterprise markets.
Vitesco officially opens its smart factory in Hungary July 02, 2021 The 7'000 square metre plant in Debrecen represents the Industry 4.0 concept, with self-driving transport robots and intelligent solutions. By mid-2022, Vitesco Technologies says it will create about 450 jobs in the new factory.
Vitesco starts production in Debrecen, Hungary March 02, 2021 After just two years of construction, the Vitesco Technologies plant in Debrecen, Hungary, went now into operation.
Continental automotive electronics in Karben by the end of 2024 October 01, 2020 The company says it will initiate structural measures at its German locations Aachen, Karben and Regensburg as well as the termination of the joint venture with Osram.
Vitesco supplies the drive control unit for VW's ID.3 electric car August 17, 2020 Electric mobility is gaining momentum with a multitude of new models set to hit the road over the next few months – and Vitesco Technologies is at the center of the action on one major electric car platform: the Volkswagen ID.3, with the key drive control unit.
Vitesco and ROHM cooperate on Silicon Carbide Power Solutions June 05, 2020 The powertrain business area of Continental Vitesco Technologies and ROHM Semiconductor have recently signed a development partnership, beginning in June 2020.
Vitesco to open new R&D centre in China April 23, 2020 Vitesco Technologies, the powertrain business of Continental, will build an R&D centre in Tianjin, China.
Vitesco supplies Electric Drive for new models of Groupe PSA and Hyundai October 14, 2019 Vitesco Technologies, the drivetrain business of Continental, has signed agreements with Groupe PSA and Hyundai to supply the first fully integrated electric axle drive system for various volume-production models.
Continental's Powertrain unit becomes Vitesco Technologies October 04, 2019 Continental's former powertrain division will now operate under the name Vitesco Technologies, effective October 1, 2019.
Continental considers spin-off of powertrain division September 03, 2019 Continental’s Executive Board has decided to consider the possibility of a spin-off of the Powertrain division (to be called; Vitesco Technologies) and subsequent stock exchange listing.