Infineon, Vitesco Expand Partnership, Plan on Generating More Than $1 Billion in Sales Volume
Provided by
Dow Jones
By Pierre Bertrand
Infineon Technologies and Vitesco Technologies have signed an agreement to deepen their partnership and to generate more than 1 billion euros ($1.06 billion) in planned sales volume.
The multi-year agreement, taking effect in 2027, is to further improve the efficiency and system costs for future electrified vehicles, Infineon said in a statement.
As part of the partnership, Vitesco will use microcontroller technology from Infineon in its new electrification system solutions as well as in its next-generation master and zone controllers, the company said.
Write to Pierre Bertrand at pierre.bertrand@wsj.com
(END) Dow Jones Newswires
October 17, 2023 04:36 ET (08:36 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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