DGAP-News: Vitesco Technologies Group AG
/ Key word(s): Alliance
Renault Group and Vitesco Technologies join forces to develop power electronics for electric and hybrid powertrains
Boulogne-Billancourt (France) and Regensburg (Germany), July 12, 2022. Renault Group, a major player in the automotive industry, and Vitesco Technologies, a leading international manufacturer of modern drive technologies and electrification solutions, today announced the signing of a strategic partnership for the joint development and the production of power electronics in a so-called “One Box” for electric and hybrid powertrains. 2 The On Board Charger (OBC) is a power circuit that allows the recharging of the high voltage DC traction battery from the electrical network. 3 The inverter is a power electronics circuit that drives the electric motor in AC from the DC voltage of the traction battery. It controls motor speed, traction and energy recovery during braking. Simone Geldhäuser Head of Media Relations, Vitesco Technologies Phone: +49 941 2031-61302 simone.geldhaeuser@vitesco.com Renault Group Relations Medias Phone: +33 6 01 92 12 26 amelie.le-gall@renault.com https://www.vitesco-technologies.com/en-us/press https://www.renaultgroup.com/en/ Social Media www.linkedin.com/company/vitesco-technologies www.facebook.com/VitescoTechnologies www.instagram.com/vitesco_technologies
12.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Vitesco Technologies Group AG |
Siemensstraße 12 | |
93055 Regensburg | |
Germany | |
Phone: | +49 941 2031 0 |
E-mail: | ir@vitesco.com |
Internet: | www.vitesco-technologies.com |
ISIN: | DE000VTSC017 |
WKN: | VTSC01 |
Indices: | SDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 1396539 |
End of News | DGAP News Service |
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1396539 12.07.2022
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1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.