New Delhi: German car parts group, Continental is making a big move towards electric mobility by putting a stronger focus on electrified drive systems.
This is due to the tightening of political targets, that are leading to an increasingly disruptive market in which future technologies are determined by regulations, the company said in a release.
“Our customers are increasingly and consistently turning to the electrification of combustion engines through hybrid drives as well as to pure battery-powered vehicles. We have long been a technological leader in the field of electronic control units and related functional software. In keeping pace with our customers and markets, we are now focusing more rapidly and systematically on our strengths and are targeting the future of electric mobility with our broad and successfully applied experience,” says Andreas Wolf, head of Continental’s Powertrain division, which in the future will operate under the name Vitesco Technologies with Wolf as CEO.
“With this strategy and gradual optimizations to the portfolio, we aim to ensure that the powertrain business remains financially strong, competitive and sustainable in the long term,” he adds.
The powertrain division of the company includes efficient technologies for 48-volt electrification, electric motors and power electronics for hybrids and battery-powered all-electric vehicles, as well as those for fuel-cell vehicles, intelligent energy and thermal management systems.
“In the medium term, we will make transportation for the masses even cleaner by offering comprehensive support for mild- and full-hybrid solutions. The next generation of technology for long-term, CO 2 -free mobility is already being developed in our laboratories and workshops. This includes e-drives as well as technologies for CO 2 -neutral, hydrogen-based fuels, fuel cells and synthetic fuels,” Andreas Wolf explains.
He adds “We will gradually shape our future-oriented transition in the powertrain sector and from a position of strength. In the future, Vitesco Technologies will concentrate primarily on areas where we can benefit from competitive advantages and develop attractive business models. With a focused portfolio, Vitesco Technologies will be very well positioned for this and we are confident that this will allow us to successfully harness the growth opportunities offered by the growth of electrification.”