Vitesco Technologies, a leading international provider of innovative drive technologies and solutions for electric mobility, intends to become even more powerful in organizational terms. At its meeting, the Supervisory Board approved the company’s plans to bring together its four current business units – Electronic Controls, Electrification Technology, Sensing & Actuation, and Contract Manufacturing – into two completely reorganized units: the future divisions “Powertrain Solutions” and “Electrification Solutions”.
Through these organizational changes, which are slated to take effect on January 1, 2023, Vitesco Technologies is aiming to further sharpen its strategic focus on powertrain electrification, to boost the effectiveness, efficiency, and flexibility of its operations in the market for sustainable mobility technologies. The clear focus on growth and value creation associated with the reorganization also creates a more transparent structure, enables even better use of resources in line with ongoing and accelerating change, and takes account of the company’s ambitious sustainability agenda.
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