Vitesco Technologies increases investment in electrification business, with total order backlog reaching 58 billion euros

In its 2023 financial report, Vitesco Technologies showed that the company's consolidated sales increased to 9.23 billion euros, of which the sales of electrification business were about 1.3 billion euros. The company recorded more than 12 billion euros in new orders during the year, of which about 8.3 billion euros came from electrification-related products.