Continental Automotive Systems (CAS), founded in 1906 by Alfred Teves, a division of the German Continental AG, was a brake and electronics supplier to the automotive industry, supplying systems, components, electronics, lithium-ion batteries and engineering services for vehicle safety, comfort and powertrain performance.
[citation needed] It comprises two units: It supplies lithium-ion batteries for the GM E-Flex System of Chevrolet Volt, from A123Systems.
[1] In 2019, Continental reorganized the powertrain division into a new entity Vitesco Technologies with intention to spin off,[2] expected to occur in September 2021.
[3] CAS consists of 44 plants, research centers and test tracks in 15 countries including ten joint ventures in Asia.
[citation needed] Continental Automotive Systems’ sales for the year 2004 were €5.0 billion.