Technology company Continental’s former powertrain division will now operate under the name Vitesco Technologies, effective immediately. The company, which has been operating independently since January 2019, is now rolling out its new brand identity at its approximately 50 locations worldwide. Its first headquarters will be in Regensburg, Germany.
“Our goal is clean and sustainable mobility. That’s why we make the core of every vehicle – the drivetrain – smart and electric. I am very pleased about our new dynamic brand identity. It underlines our clear claim to leadership in clean drives, today and in the future,” said Andreas Wolf, Chief Executive Officer (CEO) of Vitesco Technologies.
Vitesco Technologies CEO Andreas Wolf (right) and CFO Werner Volz (left)
With Vitesco Technologies’ autonomy, Continental is reacting to the rapidly changing requirements for vehicle drives affected by radical change. In part the drastic reduction of emissions is at the top of the political and social agenda around the world. Depending on the region, this development progresses at different speeds.
“Flexibility is the order of the day. From a global perspective, all types of drivetrains are in demand. Our mission is to make them all clean, efficient, and affordable. This can be done through consistent electrification. As an independent company we can now respond more quickly and efficiently to the demands of our industry, and better leverage our strengths,” Wolf added. We want to play a leading part in the electrification of the drivetrain.”