[7][8] On 16 September 2021, Vitesco Technologies became independent from Continental and was listed on the Frankfurt Stock Exchange.
[9] Vitesco Technologies was founded to act as a more independent and entrepreneurially flexible company.
[10] Andreas Wolf had headed Continental's Powertrain division since 2018 and became CEO of Vitesco Technologies after the demerger.
The product portfolio includes electric drives, electronic control units, sensors and actuators, as well as exhaust management devices.
The machine saves one watt-hour of electricity per kilometre (5%), because no permanent magnetic field brakes the rotor.