Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, published its results for the second quarter and first half of 2024 today.
Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, published its first quarter 2024 results today.
Given the persistently challenging market environment, Vitesco Technologies’ first quarter was solid. In particular, the planned decline in non-core technologies resulted in lower sales at the beginning of the year.
Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, is today publishing its consolidated financial statements for fiscal year 2023. The company had already published preliminary results on February 23, 2024, in which it fully achieved – and in some cases exceeded – its own forecast for all key financials.
Vitesco Technologies, a leading international provider of modern drive technologies and electrification solutions for sustainable mobility, is today publishing its preliminary results for fiscal year 2023.
CEO Andreas Wolf is satisfied with the results: “Despite global challenges, 2023 was a successful year and provides a solid basis for the upcoming years.”
Exceeding 188 million EUR, this project is a key part of Vitesco Technologies' commitment to invest over 576 million EUR into sustainable mobility across the Czech Republic by 2027
Launching operations on a 38,000 m² site by late 2024, the facility will initially employ 150 staff to manage highly automated production and storage areas
The facility's production line will focus on advanced high-voltage electronic components, essential for the electrification of drive systems in exclusively battery-powered vehicles
Vitesco Technologies, a leading international provider of modern drive technologies and solutions for electromobility, was announced today as the recipient of its third German Design Award: "Excellent Communications Design - Audiovisual" for its brand sound. Vitesco Technologies was previously honored with the German Design Awards in 2021 for its "Corporate Identity" and "Brand Identity" efforts. The official award ceremony will take place on January 26, 2024 in Frankfurt (Main).
The Executive Board and Supervisory Board of Vitesco Technologies Group AG (“Vitesco Technologies”) today published a joint reasoned statement pursuant to section 27 of the German Securities Acquisition and Takeover Act (Wertpapiererwerbs- und Übernahmegesetz - WpÜG) on the voluntary public tender offer of Schaeffler AG (“Schaeffler”) dated 15 November 2023.
Vitesco Technologies, a leading international supplier of modern drive technologies and electrification solutions, has opened today a new, 2,800 m2 manufacturing space at its Icheon electronics site. On this day the first components for Vitesco Technologies’ EMR4 (Electronics Motor Reducer) electric axle drive will be produced by series manufacturing equipment. The first parts from the new line will serve to confirm the original sample products’ robustness by testing series parts.
Vitesco Technologies, a leading international developer and manufacturer of state-of-the-art powertrain technologies for sustainable mobility, will join global electric vehicle (EV) leaders at the 36th EV Symposium and Exposition(EVS36) held in Sacramento, Calif. from June 11 to 14.
At the show, Vitesco Technologies will exhibit innovations for more sustainable and more efficient electric driving at its booth (#1139).