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Vitesco Technologies wants to invest over EUR 576 million (CZK 14.4 billion) into sustainable mobility across Czechia by 2027. Company to build EUR 188 million (CZK 4.7 billion) plant with fully automated logistics center in Ostrava, production to start (SOP) at end of 2024 with 150 employees. New 38,000-40,000 sqm factory leased by CTP to source silicon carbide (SiC) semiconductors from Onsemi in Rožnov pod Radhoštěm and supply high-voltage electronic systems/control units (inverter, onboard charger, rapid charging module, energy distribution unit) for battery electric vehicles (BEVs) of well-known European car manufacturers. Number of Vitesco Technologies Czech Republic employees in CTPark Ostrava Hrušov (former brownfield site revitalized by CTP) to continuously grow up to full capacity of over 1,000 people in 2027. Government of Czech Republic supported construction with investment incentive of CZK 528.6 million (EUR 21 million). Company is thus expanding its activities in Czechia (4,000 employees in Frenštát pod Radhoštěm, Trutnov, Ostrava) and Ostrava (nearly 300 engineers in R&D center in CTOffice Ostrava Hrabová)
September 20, 2024 | 10:54am CETflash
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