Vitesco Technologies Group AG
VTSCY
Other OTC10.00
USD
- -
- -
CIK
0001880866
ISIN
US92853L1089
CUSIP
92853L108
Return %
Stock
S&P500
1Y
-42.16
26.53
3Y
1.73
76.60
5Y
-32.20
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Andreas Wolf
- Full Time Employees
- 34,604
- Sector
- Consumer Cyclical
- Industry
- Auto - Parts
- Address
- Siemensstrasse 12 Regensburg Germany 93055
- IPO Date
- Sep 22, 2021
- CIK
- 0001880866
- Website
- vitesco-technologies.com
- Similar Companies
- Business
- Vitesco Technologies Group AG is a leading global supplier specializing in the development and production of electrified powertrain technologies and components for passenger cars, commercial vehicles, and two-wheelers. Its core product portfolio includes electronic controls such as master controllers, electric drive control units, integrated starter generator control units, charging communication units, and hybrid transmission controllers. Additionally, the company manufactures electric machines including high-voltage axle drives, 48-volt electric motors, air- and liquid-cooled 48-volt belt starter generators, high-voltage inverters and DC/DC converters, and electric energy management systems such as high-voltage battery management systems and power electronics. The company also produces pumps and valves including electronic transmission oil pumps, active purge pumps, and electric water pumps, as well as sensors covering pressure, position, temperature, fluid, and knock detection. Vitesco Technologies serves the combustion engine segment with control units, actuators, valves, and exhaust gas aftertreatment solutions alongside electrification technologies. The company operates globally with a strong presence in Europe, Asia, and the Americas and serves original equipment manufacturers and aftermarket customers. Founded in 2019 as a spin-off from Continental AG, Vitesco Technologies was established as an independent publicly traded company in 2021 headquartered in Hanover, Germany. The company primarily targets the automotive industry with a strategic focus on electrification, hybridization, and clean powertrain solutions. A major recent development is the full merger of Vitesco Technologies Group AG into Schaeffler AG effective October 1, 2024, which brought Vitesco under the Schaeffler Group umbrella to combine their strengths in motion and powertrain technologies. This merger aims to create a high-growth organization leveraging the complementary technologies and expanding Schaeffler’s product portfolio in electrification and internal combustion engine powertrains. The integration enables cross-selling opportunities, technology innovation, and increased competitiveness in the evolving automotive landscape. Prior to the merger, Vitesco had focused heavily on electrification components and systems but the merger also positions it for expanded manufacturing and technology development capabilities with Schaeffler. This strategic consolidation follows the company's initial spin-off from Continental's powertrain business and aligns with industry trends toward sustainable mobility and electrification. Vitesco continues to focus on advancing electric drives, power electronics, and control systems as part of its comprehensive electrification technology offerings while maintaining expertise in combustion engine components and hybrid systems. Overall, Vitesco Technologies is a key player in the automotive powertrain sector, advancing automotive propulsion through electrification, hybridization, and efficient combustion technologies across global markets, headquartered in Hanover, Germany, with recent strategic integration into the Schaeffler Group completed in 2024.
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Vitesco: EV Transition Remains Underestimated