About Vitesco Technologies
Vitesco Technologies is a company based in Hannover (Germany) founded in 2018 was acquired by Dumarey Group in January 2024. The company has 1,219 employees as of April 07, 2024. Vitesco Technologies offers products and services including Electrification Solutions, Combustion Technologies, and Software-Defined Vehicle. Vitesco Technologies operates in a competitive market with competitors including IRP Systems, Hexagon Purus, Saietta Electric Drive, Equipmake and eLeapPower, among others.
- Headquarter Hannover, Germany
- Employees 1219 as on 07 Apr, 2024
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
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Phone
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Website
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Social
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- Legal Name Vitesco Technologies India Private Limited
- Date of Incorporation 15 Jul, 2005
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$203.28 M (USD)26.9as on Mar 31, 2023
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Net Profit
$16.4 M (USD)50.85as on Mar 31, 2023
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EBITDA
$32.89 M (USD)54.56as on Mar 31, 2023
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Latest Funding Round
$17.69 M (USD), Grant
Aug 11, 2024
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Investors
European Union
& 3 more
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Employee Count
1219
as on Apr 07, 2024
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Acquired by
Dumarey Group
(Jan 10, 2024)
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Products & Services of Vitesco Technologies
Vitesco Technologies offers a comprehensive portfolio of products and services, including Electrification Solutions, Combustion Technologies, and Software-Defined Vehicle.
Offers systems for electric vehicle electrification and energy efficiency.
Develops advanced combustion engines for automotive applications.
Provides software for vehicle connectivity and autonomous features.
Funding Insights of Vitesco Technologies
Investors in Vitesco Technologies
Vitesco Technologies has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include European Union, Dumarey Group and Ministry of Economy, Finance and Industrial and Digital Sovereignty.
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A digital platform for public administration services in Czech Republic.
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Vitesco Technologies
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Investments & Acquisitions by Vitesco Technologies
Investment portfolio details for Vitesco Technologies
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Financial Statements - Vitesco Technologies
Detailed financials for Vitesco Technologies
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Vitesco Technologies Comparisons
Peer comparison for Vitesco Technologies
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Competitors of Vitesco Technologies
Vitesco Technologies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as IRP Systems, Hexagon Purus, Saietta Electric Drive, Equipmake and eLeapPower, among others.
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Software-defined electric powertrain systems for micromobility are provided.
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Hydrogen-based batteries and systems for electric vehicles are manufactured.
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Electric powertrain systems with motor technology are developed and manufactured.
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Electronic equipment is designed and developed for powertrain components.
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Powertrain systems for multi-category electric vehicles are developed.
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Detailed competitors of Vitesco Technologies
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Latest news on Vitesco Technologies
Complete news archive for Vitesco Technologies
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Frequently Asked Questions about Vitesco Technologies
Vitesco Technologies was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Vitesco Technologies is headquartered in Hannover, Germany. It is registered at Hannover, Niedersachsen, Germany.
Andreas Wolf is the current CEO of Vitesco Technologies.
As of Apr 07, 2024, the latest employee count at Vitesco Technologies is 1,219.
Annual revenue of Vitesco Technologies is $203.28M as on Mar 31, 2023.
Vitesco Technologies was established in 2018 and is headquartered in Hannover, Germany. Focus is placed on the automotive sector, where powertrain systems are developed for passenger cars, commercial vehicles, and two-wheeled transport. The portfolio encompasses 48-volt electrification solutions, electric drives, and power electronics designed for hybrid and battery-electric vehicles. Additional offerings include combustion engine systems and broader electrification technologies to support diverse vehicle applications.
Vitesco Technologies's top competitors include IRP Systems, Hexagon Purus and Equipmake.
Vitesco Technologies offers Electrification Solutions, Combustion Technologies, and Software-Defined Vehicle.
Vitesco Technologies has 4 investors. Key investors include European Union, Dumarey Group, Ministry of Economy, Finance and Industrial and Digital Sovereignty, and Portál veřejné správy.