Aumovio will offer electronic products and advanced mobility solutions for what Continental calls the “software-defined vehicle,” providing safe, exciting, connected and autonomous mobility to a wide range of global customers.
According to a market analysis by Berylls, the value of solutions per vehicle in these segments is expected to grow at an average annual rate of 4.7% until 2029, surpassing the production of passenger cars and light commercial vehicles worldwide (based on a market forecast by S&P Global Mobility).
At Auto Shanghai this year, the group sector presented its “in the market for the market” approach alongside several innovative technologies tailored for Chinese customers and the Chinese market.
Following approval at Continental’s annual shareholders’ meeting on April 25, Aumovio is scheduled to list on the Frankfurt Stock Exchange in September this year.
“As an independent company, we gain significantly more creative power and speed,” says Philipp von Hirschheydt, a member of the executive board of Continental and CEO of Group Sector Automotive.
“Aumovio will be characterized by a triad of technologically leading products, a consistent value creation strategy and a global synergetic network, combined with a strong local presence for our customers,” he explains.
“Our aim is to further expand our position in the future fields and growth markets of mobility. This strategy is particularly evident in China. Among other things, we are relying on our strong local presence by producing and developing locally for the Chinese market,” von Hirschheydt says.
“We have consistently aligned automotive with future technologies and are picking up on market developments quickly, innovatively and from a strong competitive position. This means that we are consistently on our way to becoming an adaptive automotive powerhouse. Our future brand also reflects this ambition,” he adds.
Continental’s Group Sector Automotive has been present in China for 30 years and employs around 10,000 people there. In the 2024 financial year, the unit generated around 14% of its global sales in China.
China is the world’s largest automotive market, and according to internal forecasts and estimates by market research companies, it is expected to grow faster than the global market over the next five years.
Continental’s Group Sector Automotive has continued to expand its value chain in China in recent years, supporting both Chinese and international automakers with local manufacturing, local supply chains, and, in particular, local innovations and developments.
At Auto Shanghai, Automotive presented the Luna and Astra driver assistance systems, among others. Both were developed by Horizon Continental Technology (a joint venture between the Beijing-based Horizon Robotics and Continental AG and headquartered in Shanghai) for the Chinese market.
Luna is an assistance system that supports active safety, as well as basic driving and parking functions, to enhance safety and comfort. Astra is an advanced assistance system and enables, among other things, assisted driving without a high-resolution map and parking assistance with a memory function.
Aumovio says it will offer highly developed electronic products and modern mobility solutions. In addition to its strong market position with innovative sensor solutions, displays, and technologically leading braking and comfort systems, the spin-off has significant expertise in software, architecture platforms and assistance systems for the rapidly growing future market of software-defined and autonomous vehicles.
Group Sector Automotive employs around 92,000 people and generated sales of around EUR 19.4 billion in the 2024 financial year.
The German multinational automotive parts manufacturing company Continental AG develops pioneering technologies and services for the sustainable and connected mobility of people and their goods. Founded in 1871, the company says it offers “safe, efficient, intelligent and affordable solutions for vehicles, machines, traffic and transportation.” It is headquartered in Hanover, Lower Saxony, and is the world’s third-largest automotive supplier and the fourth-largest tire manufacturer. In 2024, Continental generated sales of EUR 39.7 billion and currently employs around 190,000 people in 55 countries and markets.
This article was first published in the Budapest Business Journal print issue of June 16, 2025.
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