Vitesco Technologies Group AG

Company Profile



Siemensstraße 12, 93055 Regensburg, Germany

Business Overview

-The Company focuses on the development and manufacturing of components and system solutions for powertrains of passenger and commercial vehicles. It provides systems and components for combustion, hybrid, and battery electric powertrains. Its product portfolio also includes 48-volt electrification solutions, electric drive units, electronic controls, sensors, actuators, turbochargers, hydraulic components, pumps, and exhaust-gas solutions.

-Since January 1, 2023, the Company has operated its business through two divisions:

  • Powertrain Solutions division: develops solutions for the vehicle powertrain, including intelligent solutions for the precise measurement and management of all drive systems in passenger cars, commercial vehicles, and two-wheeler vehicles. The electric vehicle development activities are currently concentrated on components for e-motor, batteries, and fuel cells. The division consists of 4 business units: Actuation, Aftermarket and Non-Automotive, Hydraulics and Turbocharger, and Sensorics and Controls.
  • Electrification Solutions division: offers e-drive systems, power electronics, electronic controls, and thermal management for EVs of all kinds. The division comprises 2 business units: Controls and Electric Drive Systems.



  • A123
  • Aisin
  • BorgWarner
  • Bosch
  • Delta Electronics
  • Denso
  • Hitachi
  • Johnson Electric
  • Kostal
  • LG
  • Meta System
  • Panasonic
  • Pierburg
  • Sanhua
  • Schaeffler
  • Sensata
  • Valeo



-On October 9, 2023, Schaeffler AG launched a public tender offer for all outstanding shares in Vitesco to create a leading "Motion Technology Company".

  • The combined company will employ more than 120,000 people with 44 R&D centers and more than 100 production sites, situated in all major regions worldwide.
  • The combination offers significant synergy potential with an envisaged EBIT impact of EUR 600 million annually to be fully reached in 2029.
  • Vitesco shareholders are offered a cash consideration of EUR 91 per share.
  • The completion of the overall transaction is expected to take place in the fourth quarter of 2024.
  • The combination will establish a leading Motion Technology Company with four focused “pure-play” divisions with leading positions in their respective end markets.
    (1) The E-Mobility Division will combine the highly complementary assets and capabilities with a pro-forma combined order book of around EUR 40 billion.
    (2) The Powertrain & Chassis Division will include both partners’ mature businesses.
    (3) The Vehicle Lifetime Solutions Division will focus on aftermarket activities.
    (4) The Bearings & Industrial Solutions Division will consist of Schaeffler’s current Industrial Division and its Automotive Bearings business.

-(Based on Schaeffler AG press release on October 9, 2023)


-The Company and Schaeffler entered into a merger agreement following the approval of their respective Supervisory Boards. The agreement sets out the legally binding terms and conditions for the merger of the Company into Schaeffler. Its shareholders will receive 11.4 Schaeffler's shares in exchange for one of the Company's shares. The completion of the merger is still expected in the fourth quarter of 2024 following the approval of the respective Annual General Meetings of both companies. (From a press release dated March 13, 2024)


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-The Company is listed on the Frankfurt Stock Exchange (As of Dec. 31, 2023)
Name or Company Name Investment Ratio (%)
IHO companies / Schaeffler AG 88.81
Others 11.19
Total 100

-On January 23, 2024, Schaeffler AG announced an acquisition of an additional stake of 3.6 million shares or 9% in Vitesco, which was previously held by BofA Securities Europe S.A. The price of the additional shares acquired is lower than the consideration paid by Schaeffler in the tender offer. This increases Schaeffler's shareholding in Vitesco to approximately 38.87%. Together with IHO, the strategic management holding of the Schaeffler family, Schaeffler now holds approximately 88.81% of the share capital and voting rights in Vitesco. (From a press release dated January 23, 2024)


Electronic controls

  • Master controllers
  • Electric drive control units
  • Integrated starter generator control units
  • Charging communication units
  • Hybrid transmission controllers

Electric machine

  • High-voltage axle drives
  • 48V electric motors
  • Air-cooled 48V belt starter generators
  • Liquid-cooled 48V belt starter generators
  • 48V transmission integrated motors

Inverters and converters

  • High-voltage inverters
  • High-voltage DC/DC converters
  • Air-cooled 48V DC/DC converters
  • Liquid-cooled 48V DC/DC converters

Electric energy management

  • High-voltage battery junction boxes
  • High-voltage battery management systems (BMS)
  • High-voltage power electronics
  • Integrated high-voltage boxes
  • 48V battery systems
  • 12V power net systems

Pumps and valves

  • Electronic transmission oil pumps
  • Active purge pumps
  • Electric water pumps
  • Smart fluid actuators
  • Coolant flow control valves


  • Pressure sensors
  • Position sensors
  • Temperature sensors
  • Fluid sensors
  • Smart position sensor covers
  • Door handle sensor
  • Door handle sensor with BLE reader
  • Door handle sensor with NFC reader
  • Trunk access sensor
  • Brushless DC (BLDC) motors

Combustion technologies
Control units

  • Diesel platform ECU for commercial vehicles
  • Gasoline solenoid direct injection ECU
  • Fuel delivery controller
  • Tank domain controller
  • Electronic throttle controls
  • Gasoline port fuel injection ECU
  • Aftertreatment control modules
  • Selective catalytic reduction dosing control units
  • Water injection dosing control units
  • Transmission control units for commercial vehicles
  • Integrated gasoline SDI ECU and TCU
  • Electrically heated catalyst control units
  • Double clutch transmission ECU
  • Universal actuator control units


  • Metalit SCR catalyst
  • Compactcat metal substrate catalyst
  • Emicat catalyst integrated in universal decomposition pipe
  • Electrically heated catalysts

Combustion and exhaust gas aftertreatment

  • Exhaust gas recirculation systems
  • Universal decomposition pipes

Actuators and valves

  • Air control valves
  • Electrical compressor bypass valves
  • Electrical wastegate actuators
  • Latching valves
  • Electrical exhaust gas recirculation valves
  • Linear purge valves
  • Turbo purge valves
  • Electronic clutch actuators
  • Smart gearbox actuator units


  • Fluid sensors
  • Vacuum leak detection systems
  • NOx sensors
  • Fuel level sensors
  • Pressure sensors
  • Position sensors
  • Mass airflow sensors
  • Knock sensors
  • Door handle sensor

Non-core combustion technologies

  • Fuel delivery modules
  • Fuel injection equipment
  • Fuel pumps
  • Selective catalytic reduction systems
  • Turbochargers


Jan. 2019 Principally finalized legal carve-out of all businesses comprising Continental AG’s former Powertrain division.
Oct. 2019 Officially introduced new brand name of Vitesco Technologies
Sep. 2021 Completed spin-off from Continental and became listed on Frankfurt Stock Exchange

Supplemental Information 1

>>>Business report FY ended Dec. 31, 2022

Note: A figure in brackets ( ) indicates a loss