Continental Secures Multi-Million Euro Contract to Supply Electric-Heating Tech
12 März 2020 - 1:01PM
Dow Jones News
By Jessica Sier
Continental AG's powertrain division Vitesco Technologies will
supply electric-heating elements to a major European van maker, the
German car-parts supplier said Thursday.
The deal marks the first high-volume order for this technology
and Vitesco Technologies will start production in late 2022. The
company said it is a multi-million euro contract.
Vitesco Technologies' electric-heating elements will be used in
two of the manufacturer's 48-volt hybrid van models to assist the
company in meeting the Euro-7 requirements, a CO2 emissions target
of 95 grams per kilometer, which will be implemented in 2020.
Write to Jessica Sier at jessica.sier@wsj.com
(END) Dow Jones Newswires
March 12, 2020 07:46 ET (11:46 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
Continental (TG:CON)
Historical Stock Chart
Von Mär 2024 bis Apr 2024
Continental (TG:CON)
Historical Stock Chart
Von Apr 2023 bis Apr 2024