Continental Automotive Announces New Mission 'Aumovio'
Apr 28, 2025
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To implement future mobility, "Aumovio" provides customers around the world with electrical equipment and advanced mobility solutions for software-defined vehicles (SDVs). "Aumovio" will be listed on the Frankfurt Stock Exchange in September this year after the final approval of the Continental annual shareholders' meeting to be held on the 25th.
"As an independent company, 'Aumovio' will have enhanced creativity and faster execution," said Philippe von Hirshheit, a member of the Continental Management Board and General Manager of Automotive Group. "Based on our solid position in the region, we plan to pursue three key strategies: ▲ products incorporating advanced technologies ▲ strategies for continuous value creation ▲ networks that create global synergy." Through this, 'Aumovio' will further expand its growth in the future mobility sector, he said.
"Aumovio" is providing advanced electrical equipment and modern mobility solutions. In addition to its strong market position based on innovative sensor solutions, displays, advanced braking, and ride-hailing systems, it has high technical expertise in software, architecture platforms, and auxiliary systems for the burgeoning SDV and autonomous vehicle markets. The Automotive Group segment currently has approximately 92,000 employees, with revenue of approximately 19.4 billion euros as of fiscal 2024.
Meanwhile, the Continental Automotive Group division unveiled various innovative technologies based on its "in the market for the market" strategy for Chinese customers and markets in AutoShanghai. In particular, it introduced innovative driver assistance systems "Luna" and "Astra" jointly developed with a joint venture "Horizon Continental Technology" for the Chinese market. "Luna" is a driver assistance system that supports basic driving and parking functions as well as active safety functions to increase safety and convenience. "Astra" is an advanced driver assistance system that provides driving assistance without a high-resolution map and supports functions such as parking assistance with memory functions.
This article was translated by Naver AI translator.