PTC's Windchill+ Powering HOLON's Development of One of the World's First Automotive-Standard Level-4 EVs

PTC (NASDAQ: PTC) announced that HOLON, a BENTELER Group subsidiary, is using Windchill+ cloud PLM to develop the HOLON urban, an automotive‑standard Level‑4 autonomous electric vehicle designed for up to 15 passengers with barrier‑free access.

Rhea-AI Summary

PTC (NASDAQ: PTC) announced that HOLON, a BENTELER Group subsidiary, is using Windchill+ cloud PLM to develop the HOLON urban, an automotive‑standard Level‑4 autonomous electric vehicle designed for up to 15 passengers with barrier‑free access.

HOLON implemented Windchill+ in six months, replacing manual, paper‑based workflows with a fully digital product development environment to connect teams across design and future manufacturing sites in Germany and the United States. The company says this digital foundation supports a five‑year production timeline and aims to accelerate AI‑driven transformation, quality, and regulatory compliance.

Positive

• Windchill+ implemented in six months
• Level‑4 autonomous EV development for up to 15 passengers
• Digital PLM to connect design and future manufacturing in Germany and the United States

Negative

• None.

Argus Dec 11 session

+1.33% close to close Open Argus

Details

News Market Reaction – PTC

On Dec 11, the day this news came out, PTC closed 1.33% above the previous close.

Data tracked by StockTitan Argus for the Dec 11 session.

Market Context

This announcement underscores PTC’s push to embed Windchill+ at innovative manufacturers, with HOLON...

Analysis

This announcement underscores PTC’s push to embed Windchill+ at innovative manufacturers, with HOLON using the SaaS PLM platform to develop an autonomous Level-4 EV carrying up to 15 passengers on a five-year timeline. Recent history shows multiple strategic updates and strong FY25 results with robust cash flow, yet often followed by muted or negative price reactions. Investors may watch how additional design wins, progress on divestitures, and execution on the Intelligent Product Lifecycle vision translate into sustained demand for PTC’s SaaS portfolio.

Key Figures

Passenger capacity: up to 15 passengers Production timeline: five-year production timeline Implementation time: six months +5 more

Passenger capacity

up to 15 passengers

HOLON urban autonomous Level-4 EV design

Production timeline

five-year production timeline

Target for HOLON urban development using Windchill+

Implementation time

six months

HOLON’s Windchill+ implementation period

Automotive expertise

nearly 150 years

BENTELER Group automotive experience cited by HOLON

Current price

$175.66

Pre-news trading price for PTC

Daily move

1.44%

24-hour price change before article publication

52-week range

$133.38 – $219.69

52-week low and high for PTC

Market cap

$20,684,855,357

Pre-news equity value

Historical Context

5 past events · Latest: Dec 09

5 events

1. Dec 09

   AI product launch

   24h Move

   -0.7%

   Introduction of Arena AI Engine to automate PLM and QMS workflows.

2. Dec 04

   CFO transition

   24h Move

   -2.5%

   Announcement of new CFO effective Jan 1, 2026 with guidance affirmed.

3. Nov 19

   Customer expansion

   24h Move

   -0.7%

   Garrett Motion expanding use of Codebeamer+ and Windchill+ with Onshape.

4. Nov 05

   Business divestiture

   24h Move

   -1.1%

   Agreement to sell Kepware and ThingWorx to focus on core lifecycle stack.

5. Nov 05

   Earnings results

   24h Move

   -1.1%

   Strong Q4/FY25 results with double-digit cash flow growth and FY26 guidance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

electric vehicle (ev), product lifecycle management (plm), software-as-a-service (saas), cloud-based plm, +3 more

7 terms

electric vehicle (ev) technical

"an autonomous Level-4 electric vehicle (EV) that complies with automotive"

An electric vehicle (EV) is a car, truck, or other road vehicle that uses one or more electric motors powered by rechargeable batteries instead of a gasoline or diesel engine. Investors care because EVs can shift revenue and cost patterns across automakers, parts suppliers, energy companies and infrastructure providers; adopting EVs is like a new smartphone platform that creates winners and losers across an industry and can drive long-term growth or disruption.

product lifecycle management (plm) technical

"Windchill+® product lifecycle management (PLM) software-as-a-service (SaaS) solution"

Product lifecycle management (PLM) is the set of tools and processes a company uses to manage a product from idea and design through manufacturing, support and eventual retirement. It matters to investors because good PLM cuts development costs, speeds time-to-market and reduces product failures by keeping teams and suppliers aligned; think of it as a GPS plus a checklist that helps protect and grow a product’s revenue over time.

software-as-a-service (saas) financial

"PLM) software-as-a-service (SaaS) solution to help develop and bring"

Software-as-a-service (SaaS) is a way of delivering software over the internet where customers pay a subscription to use applications hosted and maintained by a provider, like renting a tool or streaming a service rather than buying and installing it. For investors it matters because subscriptions create predictable, recurring revenue and can scale quickly with low distribution costs, while metrics like customer retention and churn directly affect future cash flow and valuation.

cloud-based plm technical

"manual processes with cloud-based PLM to speed up development, enhance"

Cloud-based PLM (Product Lifecycle Management) is an online system that stores and organizes everything related to a product — designs, specifications, revisions and supplier information — and coordinates the processes from concept to retirement. Think of it as a shared, always-updated digital blueprint and project manager that teams can access from anywhere. Investors care because it can lower upfront IT costs, speed time-to-market, improve product quality and collaboration, and often generates steady subscription revenue for providers.

oem technical

"HOLON is evolving into a next-generation OEM with a clear focus"

OEM stands for Original Equipment Manufacturer, which is a company that produces parts or components used in the final products made by other companies. For investors, understanding OEMs is important because their performance can impact the supply chain and overall success of major industries, especially those relying on specialized parts. Think of OEMs as the suppliers that provide the building blocks for larger products, like the engine parts for a car.

ai-driven transformation technical

"companies like HOLON can also accelerate AI-driven transformation across their"

AI-driven transformation is the process of redesigning a company’s operations, products, or strategies around artificial intelligence so tasks that relied on human judgment, repetition, or manual systems are performed or enhanced by machine learning and automation. Investors pay attention because this shift can lower costs, speed decision-making, create new revenue streams, and change a company’s competitive value—like swapping a hand tool for a smart assistant that works faster, learns, and scales.

regulatory and compliance standards regulatory

"manage product complexity, meet regulatory and compliance standards, and much"

A set of government and industry rules, internal policies, and routine checks that a company must follow to operate legally and safely; think of them as road rules and vehicle inspections that keep a business driving on public roads. Investors care because strong compliance reduces the risk of fines, shutdowns, or reputational damage and can affect costs, ability to sell products or services, and the company’s long‑term value and predictability.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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• Leveraging Windchill+ to develop the HOLON urban for emission-free, safe, comfortable, and inclusive passenger transportation
• Replacing manual processes with cloud-based PLM to speed up development, enhance productivity, and connect teams to achieve a five-year production timeline

BOSTON, Dec. 11, 2025 /PRNewswire/ -- PTC (NASDAQ: PTC) today announced that HOLON, a subsidiary of the BENTELER Group, is using its Windchill+^® product lifecycle management (PLM) software-as-a-service (SaaS) solution to help develop and bring to market an autonomous Level-4 electric vehicle (EV) that complies with automotive industry requirements.

HOLON is dedicated to reshaping public transportation with inclusive, autonomous, and sustainable mobility solutions. Its first vehicle, the HOLON urban, will offer fully barrier-free access and space for up to 15 passengers and is designed for scheduled routes, on-demand service, ride-pooling, and goods transport. To support development, HOLON has introduced a flexible production concept that allows multiple vehicle variants to be built on the same assembly line, improving efficiency while advancing the company's sustainability goals.

HOLON implemented Windchill+ in six months, creating a fully digital product development environment that replaces manual, paper-based processes with modern workflows. With real-time access to accurate product information through cloud-based PLM, teams can collaborate more efficiently across the development center and future manufacturing sites in Germany and the United States. This digital foundation enables HOLON to move from design to production of the HOLON urban vehicle with the speed and agility needed to achieve its five-year vision of sustainable, inclusive mobility at scale.

"Building on nearly 150 years of BENTELER's automotive expertise, HOLON is evolving into a next-generation OEM with a clear focus on people and the planet," said Dr. Sven Herzig, Chief Sales Officer, HOLON. "The go-live of Windchill+ is a key milestone in the development of the HOLON urban and reflects our commitment to delivering EV vehicles that redefine mobility for communities around the world."

"Automakers are navigating a pivotal moment as vehicles become increasingly electric, connected, autonomous, and software-defined," said Robert Dahdah, Chief Revenue Officer, PTC. "With Windchill+, HOLON has the foundation to manage that complexity and drive toward their vision of transforming public mobility."

With Windchill+ and the rest of its portfolio, PTC is delivering on its vision for the Intelligent Product Lifecycle: enabling manufacturers and product companies to build a product data foundation in engineering and extend the value of that data across their enterprise. With a product data foundation, companies like HOLON can also accelerate AI-driven transformation across their organization. Broader use of product data enables companies to bring higher quality products to market faster, better manage product complexity, meet regulatory and compliance standards, and much more.

To learn more about Windchill+, visit www.ptc.com/en/products/windchill-plus.

About HOLON
HOLON is one of the first vehicle manufacturers for autonomous movers with the standards and scaling potential that we know from the automotive industry. With their platform technology, vehicle expertise and strong partner network, their goal is to redefine passenger transport. To this end, HOLON works with technology companies, local public transport companies and mobility-as-a-service providers. HOLON is a subsidiary of the BENTELER Group and TASARU. 

About PTC
PTC (NASDAQ: PTC) is a global software company that enables manufacturers and product companies to digitally transform how they design, manufacture, and service the physical products that the world relies on. Headquartered in Boston, Massachusetts, PTC employs over 7,000 people and supports more than 30,000 customers globally. For more information, please visit www.ptc.com. 

Media Contact
Greg Payne
gpayne@ptc.com

Investor Contact
Matt Shimao
mshimao@ptc.com

PTC, Windchill+ and the PTC logo are trademarks or registered trademarks of the PTC Inc. and its subsidiaries in the United States and other countries.

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SOURCE PTC Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PTC announce about Windchill+ and HOLON on December 11, 2025?

PTC announced HOLON is using Windchill+ cloud PLM to develop the HOLON urban Level‑4 autonomous EV.

How long did it take HOLON to implement Windchill+ for the HOLON urban development?

HOLON implemented Windchill+ in six months to create a fully digital product development environment.

What are the passenger capacity and access features of the HOLON urban vehicle?

The HOLON urban is designed for up to 15 passengers and offers fully barrier‑free access.

What production timeline did HOLON link to Windchill+ deployment?

HOLON said the digital foundation supports a five‑year vision to move from design to production at scale.

Which locations will Windchill+ support HOLON's development and manufacturing?

Windchill+ will connect HOLON teams across its development center and future manufacturing sites in Germany and the United States.