Vitesco Technologies Group AG published its 2022 annual report on March 23, 2023. The virtual Annual Press Conference took place on March 23, 2023, as part of this. Did you miss the live stream? Here you can find the recording.
Annual Press Conference 2023 Recording
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Analyst & Investor Conference Recording
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Video message of Andreas Wolf, CEO
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Video message of Werner Volz, CFO
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Vitesco Technologies received a major order from the Hyundai Motor Group in 2022, among others. In total, the order has a volume in the region of €2 billion.
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In the financial year 2022, Vitesco Technologies was able to book orders worth €14 billion, around 75 percent of which related to e-mobility.
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At the end of 2022, Vitesco Technologies had an order backlog of €58.6 billion, around 46 percent of which related to e-mobility.
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Forecast for 2023: Increase in sales to €9.2 to 9.7 billion and improvement in the adjusted EBIT margin to 2.9 to 3.4 percent.
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We have around 80 percent of the components required in electrified vehicles in our portfolio.
For example: inverters, electric axle drives, battery management, master/zone controllers, DC/DC converters, on-board chargers, thermal management.
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Vitesco Technologies is a leading international developer and manufacturer of cutting-edge drive systems for sustainable mobility. Vitesco Technologies is headquartered in Regensburg/Germany.
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EMR4 is a highly integrated 3-in-1 platform: consisting of electric motor, power electronics and gearbox, and supports particularly high scalability
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High-voltage box, as central electronics for the charging technology of electric vehicles as well as for the energy supply in the vehicle
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Master controller, provides like a small server, everything an electric vehicle needs to drive
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Power electronics, a key component of any electrified drive, because it supplies power not only to the electric motor but also to the high-voltage battery
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The core functions of the battery management are divided between two types of control units: the battery management controller and the cell supervising circuits
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