Vitesco Technologies' electrification business sales have a compound annual growth rate of 39%, surpassing Schaeffler

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Over the past six years, Vitesco Technologies' electrification business sales have grown from 250 million euros in 2018 to 1.313 billion euros, with an average annual compound growth rate of 39%. This achievement has enabled Vitesco Technologies to surpass its competitor, Schaeffler Group, in the field of electrification.