Vitesco Technologies and Infineon Deepen Partnership to Boost E-Mobility Efficiency with Billion-Euro Deal

Vitesco Technologies and Infineon Deepen Partnership to Boost E-Mobility Efficiency with Billion-Euro Deal

(IN BRIEF) Vitesco Technologies and Infineon Technologies are deepening their longstanding partnership to enhance efficiency and system costs in electrified vehicles. Under a multi-year agreement set to commence in 2027, Vitesco Technologies will integrate Infineon’s AURIX™ TC4x microcontroller family into its next-gen master and zone controllers for electric-electronic vehicle architectures (E/E architectures) and electrification system solutions. The planned order volume exceeds one billion euros. This collaboration aims to drive efficiency improvements in electrified vehicles while prioritizing functional safety and cybersecurity compliance. The strengthened partnership secures essential components for Vitesco Technologies in the automotive industry’s transition to electromobility, benefiting from Infineon’s broad microcontroller product portfolio and system expertise.

(PRESS RELEASE) MUNICH/REGENSBURG, 18-Oct-2023 — /EuropaWire/ — Vitesco Technologies, a leading international manufacturer of modern drive technologies and electrification solutions, and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY), worldwide leading vendor of automotive semiconductors, are strengthening their long-time partnership. Vitesco Technologies will use the AURIX™ TC4x microcontroller family from Infineon in its next generation of master and zone controllers for electric-electronic vehicle architectures (E/E architectures) as well as in its new electrification system solutions. The multi-year agreement takes effect starting in 2027. The order volume is planned to reach more than one billion euros. The companies intend to work together to further improve the efficiency and system costs of future electrified vehicles while taking functional safety and cybersecurity in compliance with ISO 26262 and ISO/SAE 21434 into account.

The intensified partnership guarantees Vitesco Technologies a long-term supply of important components for the transformation of the automotive industry to electromobility. At the same time the company will benefit from the broad high-performance product portfolio of the microcontroller family AURIX, from Infineon’s system expertise and from the company’s investments in manufacturing capacities for increased supply reliability.

“Microcontrollers are core components in our electronic systems. Our partnership with Infineon gives us the tremendous advantage of being able to define at an early stage the properties and capabilities that the future automotive microcontrollers will have. This allows us to help proactively shape the path leading to the software-defined vehicle of tomorrow,” said Thomas Stierle, member of the Executive Board of Vitesco Technologies and head of the Electrification Solutions division of Vitesco Technologies.

“The system know-how and expertise of leading innovation drivers like Vitesco Technologies are helping establish our microcontroller family AURIX TC4x as an important component in the development of the next generation of E/E architectures,” said Peter Schiefer, President of Infineon’s Automotive Division. “We are proud to further intensify our collaboration with Vitesco Technologies and to work together on the future of mobility.”

Microcontrollers are key components in the automotive industry, controlling and monitoring a wide variety of systems in the automobile such as electric powertrain, E/E architecture, ADAS, radar and chassis. The AURIX TC4x microcontrollers from Infineon combine power and performance enhancements with the latest trends in the fields of virtualization, AI-based modeling, functional safety, cybersecurity and network functions and pave the way for new E/E architectures as well as the next generation of software-defined vehicles.

About Vitesco Technologies

Vitesco Technologies is a leading international developer and manufacturer of cutting-edge drive systems for sustainable mobility. With intelligent system solutions and components for electric, hybrid, and internal combustion drive systems, Vitesco Technologies is making mobility clean, efficient, and affordable. The product portfolio includes electric drives, electronic controls, sensors and actuators, and exhaust gas treatment solutions. In 2022, Vitesco Technologies generated sales of around €9.07 billion and employs a workforce of around 38,000 employees at 50 locations. Vitesco Technologies is headquartered in Regensburg, Germany.

About Infineon

Infineon Technologies AG is a global semiconductor leader in power systems and IoT. Infineon drives decarbonization and digitalization with its products and solutions. The company has around 56,200 employees worldwide and generated revenue of about €14.2 billion in the 2022 fiscal year (ending 30 September). Infineon is listed on the Frankfurt Stock Exchange (ticker symbol: IFX) and in the USA on the OTCQX International over-the-counter market (ticker symbol: IFNNY).

Media Contact:

Reinhard von Faltin
Tel: +49 89 234 39694
mailto:Reinhard.vonFaltin@infineon.com

Contact for journalists

Simone Geldhäuser
Head of Media Relations, Press Spokesperson
Technology and Innovation
Telephone: +49 (0) 941 2031-61302
simone.geldhaeuser@vitesco.com

SOURCE: Infineon Technologies AG

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