Information
45-29 Saeum-ro, Icheon, Gyeonggi-do, South Korea
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Overview
- Summary
- Vitesco Technologies Korea Co., Ltd. is a leading global developer and manufacturer of advanced powertrain systems and electrification solutions for sustainable mobility. The company primarily supplies electrified drive systems, electronic control units, sensors, and actuators, contributing to a clean, efficient, and economical mobility environment. Headquartered in Regensburg, Germany, it operates with approximately 37,000 employees across more than 50 locations worldwide, functioning as a global automotive component supplier. Vitesco Technologies emerged as an independent entity in 2019, spun off from Continental AG's powertrain division.Vitesco Technologies Korea Co., Ltd. is a leading global developer and manufacturer of advanced powertrain systems and electrification solutions for sustainable mobility. The company primarily supplies electrified drive systems, electronic control units, sensors, and actuators, contributing to a clean, efficient, and economical mobility environment. Headquartered in Regensburg, Germany, it operates with approximately 37,000 employees across more than 50 locations worldwide, functioning as a global automotive component supplier. Vitesco Technologies emerged as an independent entity in 2019, spun off from Continental AG's powertrain division.
- Key Products/Technologies
- Electrified Drive Systems: Offering a diverse range of electrification solutions, including 48V electrification, hybrid systems, and electric drive systems (e-Axle Drive) that integrate electric motors, reducers, and all necessary electronics for pure electric vehicles. A key focus is on developing the modular EMR4 (Electronics Motor Reducer) platform with 800-volt technology and integrated axle drives to reduce system complexity.Electrified Drive Systems: Offering a diverse range of electrification solutions, including 48V electrification, hybrid systems, and electric drive systems (e-Axle Drive) that integrate electric motors, reducers, and all necessary electronics for pure electric vehicles. A key focus is on developing the modular EMR4 (Electronics Motor Reducer) platform with 800-volt technology and integrated axle drives to reduce system complexity.
- Electronic Control Units: Production of electronic control units for vehicles and transmission control units utilizing overmolding technology. This innovative process results in devices that are more robust, lighter, and require significantly fewer production steps compared to conventional units.Electronic Control Units: Production of electronic control units for vehicles and transmission control units utilizing overmolding technology. This innovative process results in devices that are more robust, lighter, and require significantly fewer production steps compared to conventional units.
- Sensors and Actuators: Development and production of high-precision sensor technology and actuators for various drive systems. These components are applicable across all types of drive systems, including all-electric vehicles, plug-in hybrids, and electrified combustion engines.Sensors and Actuators: Development and production of high-precision sensor technology and actuators for various drive systems. These components are applicable across all types of drive systems, including all-electric vehicles, plug-in hybrids, and electrified combustion engines.
- Power Electronics: Capabilities in developing and manufacturing critical components for electrified vehicles, such as high-voltage axle drives and power electronic modules. This area is central to the expansion of its electrification portfolio.Power Electronics: Capabilities in developing and manufacturing critical components for electrified vehicles, such as high-voltage axle drives and power electronic modules. This area is central to the expansion of its electrification portfolio.
- Core Advantages
- Leadership in Electrification Technology: Over 10 years of experience in the electric vehicle sector with a portfolio covering all major electrification scenarios. The company stands as one of the few system providers capable of supplying complete electrification solutions.Leadership in Electrification Technology: Over 10 years of experience in the electric vehicle sector with a portfolio covering all major electrification scenarios. The company stands as one of the few system providers capable of supplying complete electrification solutions.
- Global Production and Development Network: Operating with approximately 37,000 employees across over 50 locations worldwide, with strategic production and development hubs in key automotive production and EV adoption centers like Greater China, Europe, and North America. Expansion of international presence through new production facilities such as the Debrecen plant in Hungary.Global Production and Development Network: Operating with approximately 37,000 employees across over 50 locations worldwide, with strategic production and development hubs in key automotive production and EV adoption centers like Greater China, Europe, and North America. Expansion of international presence through new production facilities such as the Debrecen plant in Hungary.
- Focus on Sustainability and Eco-friendly Technologies: 'Clean Mobility' is a core element of the corporate strategy, emphasizing climate-friendly driving technologies. The company aims for carbon neutrality across all business activities by 2040 and targets complete carbon neutrality for its electricity consumption by 2030.Focus on Sustainability and Eco-friendly Technologies: 'Clean Mobility' is a core element of the corporate strategy, emphasizing climate-friendly driving technologies. The company aims for carbon neutrality across all business activities by 2040 and targets complete carbon neutrality for its electricity consumption by 2030.
- Customer-Centric B2B Business Model: Operating in a pure B2B environment with global automotive OEMs as primary customers. The strategy involves deep technical collaboration and long-term contractual integration for customer acquisition and retention.Customer-Centric B2B Business Model: Operating in a pure B2B environment with global automotive OEMs as primary customers. The strategy involves deep technical collaboration and long-term contractual integration for customer acquisition and retention.
- Innovative Manufacturing Processes and Quality Control: Implementation of advanced manufacturing processes like overmolding technology, enhancing product robustness, lightness, and production efficiency. The company's flexible factory designs, autonomous transport robots, and intelligent warehouse management systems reflect an Industry 4.0 approach to advanced manufacturing.Innovative Manufacturing Processes and Quality Control: Implementation of advanced manufacturing processes like overmolding technology, enhancing product robustness, lightness, and production efficiency. The company's flexible factory designs, autonomous transport robots, and intelligent warehouse management systems reflect an Industry 4.0 approach to advanced manufacturing.
- Strong R&D Investment and Technology Development: Significant R&D investment in next-generation electrified drive systems, including 800-volt technology, integrated axle drives, and the EMR4 platform. Development of software-defined power architectures and field-upgradable driver technologies.Strong R&D Investment and Technology Development: Significant R&D investment in next-generation electrified drive systems, including 800-volt technology, integrated axle drives, and the EMR4 platform. Development of software-defined power architectures and field-upgradable driver technologies.
- Target Industrie
- Automotive Industry: Applicable to all types of vehicle drive systems, including electric vehicles, hybrid vehicles, plug-in hybrid vehicles, and internal combustion engine vehicles.Automotive Industry: Applicable to all types of vehicle drive systems, including electric vehicles, hybrid vehicles, plug-in hybrid vehicles, and internal combustion engine vehicles.
- Commercial Vehicles and Special Vehicles: Potential application of electrification and powertrain solutions across various transportation sectors.Commercial Vehicles and Special Vehicles: Potential application of electrification and powertrain solutions across various transportation sectors.
- Major Markets
- China (approximately 38% of total sales, driven by 60% share of global EV production), South Korea, Japan, IndiaChina (approximately 38% of total sales, driven by 60% share of global EV production), South Korea, Japan, India
- Germany (headquarters and traditional market), Hungary (new production plant), France, Italy, SpainGermany (headquarters and traditional market), Hungary (new production plant), France, Italy, Spain
- United States (key growth region, representing 18% of sales), Mexico, CanadaUnited States (key growth region, representing 18% of sales), Mexico, Canada
- Certifications/Patents
- LEED (Leadership in Energy and Environmental Design) Certification: Pursuing internationally recognized Gold category LEED certification for the new Debrecen plant in Hungary, emphasizing eco-friendly construction and sustainability.LEED (Leadership in Energy and Environmental Design) Certification: Pursuing internationally recognized Gold category LEED certification for the new Debrecen plant in Hungary, emphasizing eco-friendly construction and sustainability.
- Sustainability Report Publication: Publishing sustainability reports that incorporate recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) and achieving validation for short-term climate targets by the Science Based Targets initiative (SBTi).Sustainability Report Publication: Publishing sustainability reports that incorporate recommendations from the Task Force on Climate-related Financial Disclosures (TCFD) and achieving validation for short-term climate targets by the Science Based Targets initiative (SBTi).
- German Design Award 2024: Winner of the German Design Award 2024 for its brand sound, with previous awards in 2021 for 'Corporate Identity' and 'Brand Identity'.German Design Award 2024: Winner of the German Design Award 2024 for its brand sound, with previous awards in 2021 for 'Corporate Identity' and 'Brand Identity'.
- 5S Best in Class Audit Achievement: The Limbach plant achieved a 99% score in the 5S Best in Class audit by Kaizen Institute Germany, demonstrating excellence in production management systems.5S Best in Class Audit Achievement: The Limbach plant achieved a 99% score in the 5S Best in Class audit by Kaizen Institute Germany, demonstrating excellence in production management systems.
Introduction
Location
45-29 Saeum-ro, Icheon, Gyeonggi-do, South Korea
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