Vitesco Technologies Wins Billion Euro Order to Supply High Voltage Inverters to Major North American Automaker

Vitesco Technologies has won an
order worth more than 1 billion euros from a major North American
car manufacturer. The company will supply millions of 800-volt
inverters with silicon carbide technology – a key enabler for fast
charging and improving EV efficiency and range. At the same time,
Vitesco Technologies is to expand its global presence and
production facilities: The plan is for this high-voltage inverter
complete with power module to be generated in North America
beginning in early 2025.
“Vitesco Technologies was among the first automotive suppliers to
focus so firmly on electric mobility. The most recent incoming orders
endorse this consistent approach. We are pursuing a clear-cut plan
that will drive forward our mission to deliver clean, zero-emission
mobility,” says Andreas Wolf, CEO of Vitesco Technologies.
In the final quarter of 2021 alone, incoming orders for electrification
components totaled more than 2 billion euros. Along with the major
order from North America, Vitesco Technologies also received
orders from one Chinese and one Japanese automaker – each
valued at several hundred million euros. These orders for battery
electric vehicle technology, are specifically for high-voltage axle
drives that are manufactured and supplied as complete systems, as
well as the necessary high-voltage power electronics.
Efficient electrified key technologies for large-scale production
For Vitesco Technologies, these welcome new orders go to show
that its extensive experience with electric drive components and its
vast systems expertise give the company a decisive competitive
edge. Vitesco Technologies brings its innovations to market fast, so that automakers across the globe can offer electric mobility
solutions that are as efficient as they are affordable.
“With our portfolio, we are fully focused on global, scalable
platforms for electrified vehicles. This is where the growth is
happening and it’s also where there is real potential for the
sustainable and increasingly carbon-neutral mobility of the future,”
says Thomas Stierle, Member of the Executive Board and head of
the Electrification Technology business unit at Vitesco Technologies.
“The latest orders clearly prove the point . The electrification of
automotive drive systems is progressing faster than ever − and
Vitesco Technologies is among the prime movers and beneficiaries
of this global trend”.