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    FISITA World Mobility Conference 2025: Key themes and concerns for the automotive industry
    One thing is abundantly clear after the FISITA World Mobility Conference (WMC) last week. Megatrends impact everything. No longer can chassis development, braking, safety validation and so forth stand alone without impact from the broader drive towards electrification, the AI revolution or SDVs, to name a few.  The event’s sessions gave the impression that electrification is already baked into the industry, particularly in Europe where the debate on (regulation-pushed) direction is ...
    Beyond horsepower: Compute becomes the new competitive edge for OEMs
    Automotive compute power is becoming a defining metric of vehicle capability — not just for autonomy, but across cockpit systems, connectivity and life-cycle software deployment. As vehicles transition toward centralized electrical/electronic (E/E) architectures and software-defined platforms, silicon performance is now a core determinant of what a vehicle can do — and how long it will remain competitive in the field. Two metrics have emerged as industry standards for measuring this compu...
    Valeo provides VSS360 system for European premium OEM vehicle platform
    Valeo has been chosen to provide its Valeo Smart Safety 360 (VSS360) for a premium European original equipment manufacturer vehicle platform, the company reported June 25. The system combines Valeo's expertise in hardware, software development and system integration to enhance vehicle safety, reduce accidents and support the progression of autonomous vehicles. VSS360 offers optimized driver and parking assistance in a scalable advanced driver assistance system solution, allowing OEMs to ...
    5GAA showcases connected vehicles using non-terrestrial networks in Paris demonstration
    In a groundbreaking demonstration, 5GAA members showcased connected vehicles employing non-terrestrial networks (NTN) alongside existing 4G and 5G networks. This event marked the first live-traffic demonstration of 5G-V2X Direct technology for connected mobility services. The technology aims to enhance road safety with vehicle-to-network (V2N) technologies in real traffic conditions. The demonstration, held in Paris on May 15, featured connected vehicles using NTN for emergency messaging and ...
    Valeo and PanGood partner to innovate axial flux generator for electric powertrains
    Valeo and PanGood have announced their partnership to develop a high-efficiency integrated Axial Flux Generator System, marking a significant advancement in electric powertrain design. The new generator, revealed at Auto Shanghai 2025, integrates a motor and inverter into a compact, scalable solution suitable for all electric vehicles, particularly extended-range electric vehicles (EREVs). This collaboration combines PanGood's expertise in axial flux architecture with Valeo's knowledge in inv...
    Valeo partners with Appotronics to develop next-generation front lighting systems
    Valeo has entered a strategic partnership with Appotronics, a mainland China-based company specializing in laser display technology, to develop next-generation front lighting systems. The collaboration will bring together Valeo’s expertise in lighting system design, along with its software capabilities, and Appotronics’ knowledge in projection systems design based on laser display technologies. The new front lighting system that the two partners will jointly develop will incorporate Appot...
    Auto Shanghai 2025: Valeo to present innovations in smart electrification, ADAS, lighting and sustainable mobility
    At the upcoming Auto Shanghai 2025, scheduled to be held from April 23 to May 2 in Shanghai, Valeo will present its innovations across four strategic areas of smart electrification, advanced driver assistance systems and user experience, lighting styling, and commitment to sustainable mobility. In the field of smart electrification, Valeo will present an ultracompact On-Board Charger and DC-DC Converter Combo ready for bidirectional charging; the Predict4Range software capable of boosting ran...
    Valeo inaugurates new manufacturing lines for EV technology in Pune, India
    Valeo has expanded its manufacturing operations in Pune, India, by inaugurating new advanced manufacturing and assembly lines, Autocar Professional reported April 4. This expansion is particularly geared toward the production of the 3-in-1 Combo unit, an innovative integrated solution for electric vehicles, which consists of onboard chargers, DC-DC converters and power distribution units. This move by Valeo is aimed at strengthening the local supply chains and contributing significantly to the g...
    Valeo supplies Renault Grand Koleos with Valeo Smart Safety 360
    The Renault Grand Koleos model has been awarded First Grade (highest score of safety level) in the Korea-New Car Assessment Program (KNCAP) tests. This latest model is equipped with a Valeo Smart Safety 360 system including a smart front camera, radars, detection algorithms and advanced functionalities. The Renault Grand Koleos also received the best score on advanced driver assistance systems among all vehicles tested by KNCAP in 2024 in the D-sport utility vehicle category....
    Volkswagen Group cooperates with Valeo and Mobileye to enhance driver assistance in future MQB vehicles
    As reported in a press release on March 25, Volkswagen Group has announced a collaboration with Valeo and Mobileye to upgrade the advanced driver assistance systems to Level 2+ for its future vehicles built on the MQB platform. The enhancement aims to increase safety and driving comfort in high-volume vehicles, aligning with customer expectations and regulatory demands. According to Dirk Große-Loheide, a member of the management board of the Volkswagen brand responsible for procurement, this...
    How software-defined vehicles are shifting gears: Insights from Valeo Brain's CTO
    The emergence of software-defined vehicles (SDVs) is transforming the automotive industry by integrating advanced technologies, enhancing connectivity, and redefining the relationships between original equipment manufacturers and suppliers. SDVs leverage software to provide enhanced driving automation and improved user experiences, facilitated by advanced driver assistance systems and innovative vehicle interiors. The increasing reliance on data sharing between OEMs and suppliers is paramount, a...
    Valeo collaborates with TactoTek to advance vehicle lighting applications
    Valeo has entered a strategic partnership with TactoTek, a Finland-based company specializing in in-mold structural electronics (IMSE) technology, to enhance vehicle lighting solutions. The collaboration will enable Valeo to use TactoTek's IMSE technology to develop advanced interior and exterior lighting applications that offer both safety and style, catering to the growing consumer and original equipment manufacturer demand for personalized and differentiated vehicle designs. The integratio...
    Valeo FY 2024 sales up 2.5% year over year to €21.5 billion
    Valeo’s sales declined 2.5% year over year to €21.5 billion in the financial year ended Dec. 31, 2024, the French supplier said in a press release. On a like-for-like basis, the company’s sales decreased 0.5%. Original equipment (OE) sales declined 4% year over year to €17.95 billion and was equivalent to 84% of Valeo’s total sales in 2024. At €2.3 billion, aftermarket sales remained stable at the 2023 level and accounted for 11% of the company’s total sales during the fi...
    Valeo and Virta team up to enhance EV charging solutions
    Valeo and Virta have announced a partnership to promote their positions in the electric vehicle and energy management market. Valeo, recognized for its expertise in automotive technology and electrification, including a range of charging solutions under the Valeo Ineez brand, will combine its technology with Virta's, a company known for its smart EV charging services and Charging Point Management System (CPMS) platform. This platform is widely used across various industries in 36 countries withi...
    CES 2025: Valeo to unveil future mobility solutions
    Valeo is set to showcase its innovative solutions at the CES 2025 next month in Las Vegas, the US, continuing its tradition of participating in the event since 2014. The French supplier will held exhibitions at two locations: the Central Plaza booth CP709, focusing on electrification, ADAS, lighting, and sustainability, and a live demonstration area at Piero's parking lot, where Valeo will present its range of SDV solutions. Among the key solutions on display include vOS, Valeo’s middleware...
    Valeo and AMS Osram collaborate on innovative vehicle interior lighting technology
    Valeo and AMS Osram have announced a collaboration involving the innovative Open System Protocol (OSP) technology aimed at revolutionizing interior vehicle lighting. This partnership combines AMS Osram's advanced OSIRE E3731i intelligent LED with Valeo's dynamic ambient lighting systems, setting new benchmarks for vehicle interior design and functionality. The growing trend toward cabin customization and the demand for vehicles that offer ease of use, personalization and adapti...
    Valeo Q3 sales drops 5% year over year to €5 billion
    Valeo reported a 5% year-over-year decline in sales to €5 billion in the third quarter ended Sept. 30, 2024, the French supplier said in a press release. Sales on a like-for-like basis, excluding foreign exchange translations and scope of consolidation, declined 2%. Changes in the group negatively impacted sales by 1.6%, mainly related to the sale of Thermal Commercial Vehicles activity.   Original equipment (OE) sales fell 5% year over year to €4.2 billion but outperformed automotiv...
    TotalEnergies and Valeo strengthen partnership to develop solutions for improving battery performance
    At the Paris Motor Show, TotalEnergies and Valeo revealed plans to enhance their partnership focusing on the advancement of electric vehicles. This collaborative effort aims to develop innovative solutions that improve EV battery performance and reduce vehicles' carbon emissions. Since initiating their partnership in 2022, both companies have been engaged in creating an immersive cooling solution for EV batteries. This liquid dielectric technology aims to maintain optimal battery temperature,...
    Valeo and Mahle join forces to develop magnet-free EV motors
    Valeo and Mahle have advanced their collaboration in the field of magnet-free electric motors by signing a joint development agreement, aimed at developing an innovative magnet-free electric axle system for upper-segment electric vehicles with peak power ranging from 220 kW to 350 kW. The two companies introduced the inner brushless electrical excitation (iBEE) system, with cutting-edge technology that aims to revolutionize performance and efficiency of magnet-free electric motors...
    Valeo and HERE to unveil Valeo Smart Safety 360 with Navigation on Pilot at Paris Motor Show 2024
    At the upcoming Paris Motor Show 2024, Valeo and HERE Technologies will unveil an updated version of the Valeo Smart Safety 360 (VSS 360) system, integrating a Navigation on Pilot (NOP) function, according to a press release on Oct. 14. The advanced driver assistance system, developed by Valeo, is designed to enhance safety and driving convenience across various vehicle models by integrating a comprehensive array of cameras, radars and ultrasonic sensors into a single front-camera-based syste...
    Valeo opens new facility in Pune to boost India's EV market
    Valeo, a prominent global tier 1 supplier specializing in mobility technology, has recently inaugurated a new production facility in Pune, India, marking a significant expansion of its operations in the country. This new facility, covering over 7,000 square meters, is dedicated to power electronics products and aims to bolster Valeo's capabilities in the electrification sector in India. This development follows Valeo's recent contract with Mahindra & Mahindra (M&M) on Nov. 13, 2023, t...
    Valeo opens Mobility Technical Center in Mexico
    Valeo has inaugurated its Valeo Mobility Technical Center (VMTC) in Queretaro, Mexico, according to a report by ProMexico Industry on Aug. 30. The VMTC, representing a $165 million investment, aims to bolster Valeo's capability in electrification alongside the advancement of assisted and autonomous driving, focusing primarily on serving the North American market. The center will engage in developing software, innovation, embedded systems and other technological applications. VMTC center curre...
    Seeing Machines acquires Asaphus and partners with Valeo
    As reported in a press release on July 8, Seeing Machines has recently acquired the Berlin-based company Asaphus, a move announced alongside a strategic collaboration with Valeo, a prominent figure in the automotive industry. The partnership aims to fortify their stance in the driver and occupant monitoring systems market. As part of the agreement, Valeo will transfer its driver monitoring perception software activity, stemming from its acquisition of Asaphus, to Seeing Machines. This is intende...
    ICAP Group acquires Valeo's Ferentino site
    Valeo and ICAP Group have signed an agreement to take over Ferentino Automotive Transition Srl in Italy, according to a press release dated May 7. ICAP Group will acquire Ferentino Automotive Transition, the Valeo subsidiary that owns the Ferentino site. This move is part of ICAP Group's plan to expand its presence in the growing industry of sustainable collective mobility, where it is already a key player with its subsidiary Tecnobus, an Italian manufacturer of electric minibuses. “We are ...
    Valeo's innovation and Patent filings in mobility sector recognized by European Patent Office
    Valeo, a French company, has been recognized for its innovation and patent filings in the mobility sector. According to a report by the European Patent Office (EPO), Valeo ranked first in France and 33rd overall in terms of patent filings in Europe in 2023, for the second year in a row. The company filed 564 patent applications in Europe in 2023, accounting for 40% of its priority patent applications filed worldwide. Additionally, Valeo was ranked as the number one French patent applicant wor...
    Valeo restructures to lead electrification market with new division and leadership
    Valeo has restructured its operations to better address the electrification market expectations and improve its competitiveness and financial performance, it said in a press release dated April 22. The company has created a new division called Valeo Power, which combines its thermal and powertrain activities. Xavier Dupont has been appointed the chief executive officer of the Valeo Power division and Valeo Group executive vice president. The company has also updated the names of its other two...
    Valeo opens new plant in Daegu, South Korea, for production of advanced driver assistance systems
    In a press release announcement on March 28, Valeo has opened a new manufacturing facility in Daegu, South Korea, for the production of sensors for vehicle automation. The facility was officially launched in the presence of Daegu Metropolitan Mayor Hong Joon Pyo, Valeo executives and French Ambassador of Korea Philippe Bertoux. In July 2022, Valeo signed an investment agreement worth $56 million with the Daegu Metropolitan Government to mass-produce advanced driver assistance systems (ADAS) p...
    Valeo, Google Cloud partner to develop AI tools for process efficiency
    Valeo, a global leader in mobility technologies, has expanded its partnership with Google Cloud to develop new cloud-based generative AI tools and solutions. The collaboration aims to boost Valeo's process efficiency and productivity with dedicated use cases, leveraging Google Cloud's generative AI solutions. Valeo will gain early access to Google Cloud's latest generative AI technologies and contribute to technological developments. The partnership will also enable Valeo to embed generative ...
    Forvia Hella secures orders for Smart Car Access system with enhanced security features
    French automotive supplier Forvia Hella has further expanded its market position in the field of digital access systems with additional customer orders, with a series production goal of 2025 in Romania and Mexico. The Smart Car Access system from Forvia Hella is based on ultrawide-band (UWB) technology, allowing the end user to open and close the car completely hands-free and start the engine without having to pick up their smartphone. The integrated UWB technology also protects the vehi...
    Valeo joins SDVerse marketplace for software collaboration in mobility industry
    Valeo, a leading automotive supplier, has joined the SDVerse Vehicle Software Marketplace as a launch partner. The platform, founded by General Motors, Magna and Wipro, aims to bring software developers and mobility players together in a matchmaking system that promotes transparency and interoperability. Valeo will bring its innovative software solutions to the platform later in 2024. Speaking on the development, Jeffrey Shay, president of Valeo North America, said, “We are at the heart of ...
    Valeo unveils a new extended reality in-car gaming experience developed with Unity
    Valeo, a global leader in mobility technology, is set to unveil a revolutionary in-car gaming experience at South by Southwest 2024 in Austin, Texas. The new extended reality (XR) game, called Valeo Racer, combines real-time video and the vehicle's actual surroundings, providing unique experiences and challenges for passengers every time they ride. Valeo Racer leverages the vehicle's existing advanced driving assistance systems (ADAS) and AI perception algorithms to generate the game in real ...
    Valeo posts 11% YOY increase in FY 2023 sales to $23.87 billion
    Valeo has reported an 11% year-over-year increase in fiscal year 2023 sales to €22.04 billion, it said in a press release dated Feb. 29. Net income for the year fell to €221 million from €230 million a year earlier. Research and development expenses for the year increased by 8% to €2.04 billion. The company’s aftermarket sales was little changed at €2.27 billion. Sales was driven by growth across all business verticals — the Comfort & Driving Assistance Systems Business...
    Valeo to showcase innovative mobility solutions at SXSW
    Valeo will make its debut at South by Southwest (SXSW) in Austin, Texas, with a demonstration area at Comedor from March 10–12. The company aims to showcase its innovative technology in mobility, which is evolving rapidly to meet user expectations and address climate challenges. As a key technology partner for automakers and mobility actors worldwide, Valeo is developing affordable solutions for safer, more sustainable, more connected and more diverse mobility. At SXSW, Valeo will unveil an...
    Valeo receives ISO/SAE 21434 automotive cybersecurity certificate from UTAC
    French Technology firm Valeo on Jan. 31 said in a press release that it has received ISO/SAE 21434 automotive cybersecurity from UTAC. The certification is the reference standard for automotive cybersecurity. It covers the management of cybersecurity risks throughout the entire life cycle of their products, including the maintenance and dismantlement of onboard vehicle systems. The company’s activities worldwide, including its four Business Groups, derived products and aftersales business...
    Valeo plans to merge hybrid and EV units, resulting in 1,150 jobs cut
    Valeo, a France-based automotive supplier, will slash about 1,150 white-collar jobs worldwide, as it amalgamates its hybrid and electric vehicle units, the firm's trade unions said, Autocar Professional reported Jan. 19, quoting news agency AFP. The report further stated that the plan, which was presented to trade unions, had measures to support the people who would be laid off.  "We want to reinforce our competitiveness by having a more agile, coherent and complete organisation," s...
    Valeo bolsters AI thanks to Google Cloud tools
    Valeo, a world leader in mobility technologies, reinforces its close collaboration with Google Cloud on generative AI. The company makes the most of Google Cloud's technologies, expertise and infrastructure, and focuses on generative AI use cases for application across the company. Valeo is leveraging opportunities offered by the development of AI and the creativity of its teams worldwide to identify and develop more innovative, efficient and cost-effective solutions to meet customer needs, i...
    CES 2024: Valeo to showcase wireless charging technology for EVs
    Valeo plans to showcase its patented wireless charging solution for electric vehicles, called Valeo Ineez Air Charging, for the first time at Consumer Electronics Show (CES) 2024 in Las Vegas, the company said Jan. 4. According to the company, its innovative wireless EV charging solution is the only wireless solution that uses an ultralow operating frequency of about 3 kHz, offering a unique, lighter (50% of other systems’ weight) and simpler charging experience. The company sa...
    CES 2024: Valeo and Sennheiser to present in-vehicle immersive sound and light experience
    Valeo and Sennheiser have collaborated to create an immersive sound and light experience for vehicles, it said in a press release on Jan. 4. The companies will showcase the solution at Consumer Electronics Show (CES) 2024 in Las Vegas. The two companies have combined their technologies to transform car interiors into informative, entertaining and immersive zones for passengers. Valeo has developed improved technologies for daytime projection, including projection modules, a smart adaptab...
    Valeo partners with Teledyne FLIR for thermal-imaging technology used in night vision ADAS
    Valeo and Teledyne FLIR have formed a strategic partnership to integrate thermal-imaging technology into the automotive industry to enhance road safety, according to a press release dated Jan. 4. The collaboration aims to provide advanced driver assistance systems (ADAS) with thermal-imaging cameras, which will complement Valeo’s existing sensor technologies and leverage Teledyne FLIR’s expertise in thermal imaging. The first Automotive Safety Integrity Level (ASIL)-B thermal-imaging technol...
    CES 2024 Preview
    As we kick off the new year, S&P Global Mobility analysts are covering the anticipated trends to expect at CES 2024 in Las Vegas next week. Our team will be on the ground covering the event, with some daily shared content available via our platforms and channels. Additionally, meetings with the team are available if you’ll be at the show; we’d love to connect. Please reach out to your account representative or mobility@spglobal.com to make arrangements for a meeting.  Connected C...
    Valeo appoints Edouard de Pirey as CFO
    Valeo has appointed Edouard de Pirey as the new CFO, it said in a press release dated Jan. 2. De Pirey will replace Robert Charvier, who will retire on March 29 after 24 years with the company. Charvier will remain with Valeo in an advisory capacity until his departure. De Pirey began his career as a civil servant in New Caledonia before joining the French Ministry of Economy, Finance and Industry in 2006. He joined Valeo in 2009 as group vice president of Corporate Planning and Str...
    CES 2024:Valeo to showcase cutting-edge innovation, reaffirming its commitment to future of mobility
    Valeo, a leading automotive technology company, will showcase its cutting-edge innovations at CES 2024, solidifying its commitment to shaping the future of mobility. Its SCALA™ 3 LiDAR, a CES 2024 Innovation Award Honoree, will provide visitors with the opportunity to experience and learn more about Valeo's AI-based perception software and how it helps classify objects identified by the LiDAR in its point cloud, the company said on Dec 19. Valeo Predict4Range, is a software solution that pr...
    Valeo invests $163 million in Mexico tech center, creating 510 jobs
    Valeo, a global automotive technology company, has announced an investment of over $163 million in its Technical Development Center (MTeC) in Querétaro, Mexico, over the next five years. This investment is expected to create 510 jobs in the automotive sector and underscores the growing confidence of companies in the state, Mexico Now reported Nov. 17. According to Marco Antonio Del Prete Tercero, head of the Ministry of Sustainable Development (SEDESU), this project represents a substantial ...
    Valeo to supply electric powertrain to Mahindra & Mahindra
    Valeo has announced that India-based Mahindra & Mahindra (M&M) has selected the company to provide the electric powertrain for a certain range of Born Electric passenger vehicle platform and onboard charger (OBC) combo for electric utility vehicles, according to a company press release dated Nov. 13. The total order is worth about $1 billion. “The collaboration with Valeo is in alignment with our 'Born Electric' vision. Valeo’s electrification technology compliments our purpose-bu...
    Valeo sells Thermal Systems business in Russia to NPK Avtopribor
    French auto-component supplier Valeo said that as part of its decision to divest its production activities in Russia, it has signed an agreement with NPK Avtopribor for the sale of all production assets of its Thermal Systems business in the country. According to the company’s press release dated Oct. 31, the completion of this transaction is subject to obtaining the necessary regulatory approvals. It will enable the 124 Russian employees in this business to keep their jobs. This sale will ...
    Renault, Valeo jointly develop an innovative electric motor E7A, to debut in 2027
    French carmaker Renault and component supplier Valeo have jointly developed a new generation of rare-earth-free electric motor, according to an announcement made by Renault on October 26. The company said that while it harnessed its expertise in wound-rotor motors, Valeo contributed to the project with its expertise in stators to develop a more powerful, more compact and cleaner electric motor called the E7A. The E7A is still at the prototype stage currently and is expected to debut in 202...
    IAA Mobility 2023: Valeo launches anSWer to provide software solutions and services on demand
    French auto-component major Valeo has launched anSWer, a new offer of software as a product and as a service at the ongoing Internationale Automobil-Ausstellung (IAA) Mobility 2023 show, a company press release announced September 4. The company plans to offer a range of services through this new open, scalable module including modern applications, middleware and services to its customers. Valeo's anSWer provides software stacks as building blocks for leading applications, appl...
    IAA Mobility 2023: Valeo to display software-defined vehicle and the future of mobility
    Technology firm Valeo, focused on greener and safer mobility, will display its range of products, solutions and technologies from hardware to software, to support the transformation of the industry at the upcoming Internationale Automobil-Ausstellung (IAA) Mobility 2023 event, the company said in a press release dated August 30. Valeo will present its new 6-in-1 eAxle, bringing together the inverter, onboard charger, DC/DC converter, a power distribution unit, eMotor and reducer, leverag...
    Valeo sells its propulsion systems business in Russia to NPK Avtopribor
    French automotive supplier Valeo Group announced August 18 that as part of its decision to divest its production activities in Russia, it has signed an agreement with NPK Avtopribor for the sale of all Valeo's production assets of its Powertrain Systems business in Russia. The company said completion of this transaction is subject to obtaining the necessary regulatory approvals. It will enable the 158 Russian employees in the business to keep their jobs. This sale will be carried ou...
    Valeo reports €11.2 billion sales in H1 2023, up 19%
    Backed by a strong performance in two business areas like advanced driver-assistance systems (ADAS) and powertrain electrification, France-headquartered auto component maker Valeo’s first-half 2023 sales jumped by 19% to €11.2 billion. OEM sales were up 19% in the quarter against the industry average of 8%, and the company also reported strong growth in aftermarket sales, which was 5% on an adjusted basis. The operating margin of 3.2%, up 200 basis points compared with first-half 2022 res...
    Valeo increases India’s ultrasonic sensor manufacturing capacity to 7 million
    French automotive supplier Valeo has set up a second manufacturing line for Ultrasonic Sensors at its facility in Sanand, Gujarat. The company started its first production line at the plant in November 2021. This additional line will increase the total production capacity from 3 million units to 7 million units annually. The plant is equipped with a semi-automatic lean manufacturing line installed in a dust-free production environment, The Financial Express reported on July 28. The new produc...
    Valeo expands R&D capabilities in India with a new technical center
    Expanding its India research and development (R&D) footprints, Valeo opened its Satellite Technical Centre in Bengaluru, which will be part of its Global Tech Centre in Chennai. The Satellite Centre will focus on end-to-end software and system engineering, electronics and mechanical engineering, addressing the core market trends in electrification, autonomous driving, reinvention of interior experience and lighting everywhere, a report in Autocar Professional dated July 6 said. ...
    Valeo develops a new Canopy wiper blade to reduce CO2 emissions
    As part of its CAP 50 goal to reduce the carbon footprint of its entire value chain, auto component supplier Valeo plans to launch Canopy, the first wiper designed to reduce CO2 emissions. The company said the new wiper design reduces 61% of emissions as compared to its current wiper blades used commercially in Europe, a claim verified by Bureau Veritas, an independent organization, it said in a press release June 29. The Canopy’s rubber blade is made of more than 80% natural...
    SIA Powertrain Paris 2023: Valeo to display 800V technology portfolio
    Valeo will present its latest electric-mobility technologies at SIA Powertrain Paris 2023, it said in a press release dated June 8. The event will take place June 14 and 15. It includes a new 800V technology portfolio for technologies such as eAxle, eMotor, inverter, onboard charger and DC/DC converters. Valeo has also mass-produced structural parts made of thermoplastic with reinforced glass-fibers composite materials. These are 30% lighter and have a carbon footprint half that of ...
    Renault partners with Valeo to develop software-defined vehicle
    Renault Group and Valeo on May 23 announced a partnership on the development of the electrical and electronic (E/E) architecture of the next generations of Renault Group's vehicles. The software-defined vehicle (SDV) architecture will make it possible to offer vehicles that are always up-to-date throughout their lifetime and capable of integrating new functionalities without hardware modification. Significance: As part of this partnership, Valeo will supply essential electrical...
    Auto Shanghai 2023: Valeo to showcase new automotive technologies
    Valeo will display numerous automotive products and technologies at the Auto Shanghai Conference this week, according to an April 14 press release. The supplier will showcase technologies in the areas of access (phone as a key), monitoring (interior and driver monitoring system) and interactive surfaces. Valeo Lighting Experience and the Digital Twin will also be presented. The artificial intelligence (AI) systems visualize holistic designs in real time by combining style, functionality&...
    Valeo displays its immersive technologies at Laval Virtual in France
    French automotive supplier, Valeo is displaying its range of Virtual Reality (VR) and Mixed Reality (MR) that are key to the automotive industry at the Laval Virtual event taking place in France between April 12–16. The Valeo Group is looking to showcase its innovations for accelerating the design of solutions and for in-vehicle applications, the company said on April 11. Virtual Reality (VR) and Mixed Reality (MR) are proving to be valuable tools for automotive designers and engineers...
    Valeo gets two new orders for its third-generation lidar
    Valeo secured two new orders for its SCALA 3 lidar from an Asian manufacturer and a leading US robo-taxi company. The SCALA 1 and 2 lidar had made conditional autonomous driving in traffic jams a reality. SCALA 3 significantly increases the operation domain of private vehicles due to a wider scope of use and higher speed support. Valeo is emerging as a key player in robo-taxis equipment, as SCALA 3 enables its clients to make robo-taxis a reality at scale by usin...
    Valeo reports 16% y/y increase in FY 2022 sales to USD21.31 billion
    Valeo has posted a 16% year-on-year (y/y) growth in sales for fiscal 2022, according to a filing on 23 February. Sales came in at EUR20.04 billion (USD21.31 billion) compared with EUR17.26 billion a year earlier. Net income was EUR230 million versus EUR175 million last year. Research and development (R&D) expense for the year was EUR1.88 billion compared to EUR1.51 billion a year earlier. “Leveraging the acceleration in these two sustainable mobility megatrends, we are targeting strong ...
    C2A Security Partners with Valeo for automotive cybersecurity
    C2A Security has partnered with Valeo to enhance the automotive supplier’s cybersecurity offerings, it said in a press release dated 4 January. Valeo will leverage C2A's Cybersecurity DevOps and Automation Platform to scale its cybersecurity software lifecycle management and offer cybersecurity for vehicles. “This partnership enables Valeo to enhance its cybersecurity management of its products, adds another layer of confidence to Valeo's customers and turns cybersecurity to a real busine...
    India Auto Expo 2023: Valeo showcases electrification, ADAS solutions
    Valeo has showcased its latest technologies for greener, safer, and smarter mobility at the Auto Expo 2023 in New Delhi, according to a company press release dated 12 January. The company demonstrated solutions with a focus on the four pillars of its Move Up Strategy, which are, Electrification Acceleration, ADAS Acceleration, Interior Experience Reinvention, and Lighting Everywhere. Significance: Expanding on the Move Up Strategy, which was a key part of its demonstrations in India...
    India Auto Expo 2023: Highlights from French suppliers
    In a release dated 10 January, French suppliers updated on their participation in the Auto Expo 0223 in New Delhi, as a part of a notice from Business France India—the trade and investment commission of the French Embassy in India. Among the participating companies, Plastic Omnium will showcase its latest electrification and hydrogen solutions. Until now, it had only focused on traditional and hybrid fuel systems and emission reduction systems in the Indian domestic market. At the Auto E...
    Valeo teams up with NTT DATA and Embotech to develop automated parking solutions
    Valeo has partnered with NTT DATA and Embotech to provide automated parking solutions, it said in a press release on 4 January. The three companies have formed a consortium, VEN.AI, which aims to be the go-to solutions provider for production-ready parking automation. VEN.AI will offer infrastructure for vehicles to use via sensors, connectivity such as 5G, and offboard computing to a dedicated parking spot. “We are excited to participate in this automated valet parking project...
    CES 2023: Valeo to showcase third-generation lidar laser scanner
    Valeo will unveil the third generation of its lidar laser scanner, SCALA 3 LiDAR, it said in a press release on 3 January. This new version allows vehicles to achieve approval for Level 3 conditional driving automation. The new version lidar can see objects which are over 150 meters away. It can identify an object left on an unlit black asphalt road that neither cameras, radars nor the driver can detect. The company first unveiled the technology in 2021, with Stellantis selecting the lidar to...
    Valeo, TotalEnergies partner on innovative thermal management of EV batteries
    TotalEnergies and Valeo have signed an agreement to develop an innovative thermal management solution for EV batteries, Valeo said in a media note on 20 October 2022. According to the company, TotalEnergies has developed a new, innovative, high-performance dielectric coolant that can come in direct contact with battery cells for cooling applications. Valeo said it will contribute its expertise in the related thermal systems to design and build the best solution to integrate the coolant within...
    Valeo, SRG global partner to develop vehicle exterior illuminated front panels
    Valeo has announced via press release on 19 October that it partnered with SRG Global to develop next generation exterior illuminated panels for the automotive industry serving automakers in North America and Europe. Maurizio Martinelli, president, Valeo Visibility Systems Business Group, said, “I look forward to enforcing this strategic partnership that puts Valeo and SRG Global among the biggest players in the automotive exterior front central area that will grow with vehicle electrificat...
    Valeo wins two major orders to supply thermal systems for EVs
    French auto component supplier Valeo announced on 12 October 2022 that the company has secured large orders to supply thermal systems for electric vehicles (EVs) recently. It said that the company signed a contract with Stellantis to supply thermal systems for electric cars in September 2022. The Valeo Group has been supplying the automaker with heat pump solutions since 2019 and now plans to provide a new generation of the technology for its next electric platform. According to Valeo, the ne...
    Aeluma, Baraja, Ibeo, Valeo join Lidar Coalition to advance autonomous vehicles
    Aeluma, Baraja, Ibeo Automotive Systems, and Valeo have joined the Lidar Coalition, which was formed to advocate for policies promoting lidar’s role in enhancing safety on the US roadways and infrastructure, including mitigating the rise in pedestrian fatalities on roadways and for autonomous vehicle operations, according to a press release on 3 October 2022. The Coalition was founded in April of 2021 by AEye, Cepton, Continental, Innoviz, Ouster, Quanergy Systems, and Velodyne. “Lidar-ba...
    Valeo partners with CEA for advanced research in automotive power electronics
    Valeo has partnered with French Alternative Energies and Atomic Energy Commission (CEA) on next generations of automotive power electronics, it said in a press release on 13 September. The objective is to improve electric vehicle efficiency, increase driving range, improve powertrain and reduce the weight of onboard power electronics. “The world of mobility is undergoing an unprecedented transformation, leading to a significant acceleration in electrification. Valeo is at the heart of this ...
    Valeo, French National Centre for Scientific Research partner to advance R&D on safer mobility
    Valeo and the French National Centre for Scientific Research (CNRS) has signed an initial five-year framework agreement outlining their cooperation on shared research programs, according to a press release on 8 July 2022. The collaboration intends to accelerate the development of solutions that will result in cleaner and safer mobility for both people and goods. The new framework agreement includes the commencement of new research projects and theses, and it can potentially result in the esta...
    Valeo supplies BMW Group with ADAS domain controller, sensors and software
    Valeo and BMW Group have entered into a major collaboration for which Valeo will provide the Advanced Driver Assistance Systems (ADAS) domain controller, sensors and software for parking and maneuvering for BMW's upcoming platform generation "Neue Klasse", due to launch in 2025, according to a press release by Valeo on 28 June 2022. The ADAS domain controller, developed and manufactured by Valeo, will be able to manage all data flows from all ADAS sensors in BMW Group cars built on the "Neue ...
    Valeo plans to debut third-generation lidar in 2024, will support level 4 autonomous driving
    Lidar technology company Valeo has been developing a more advanced version of its lidar safety systems to debut in 2024 with increased resolution, better range, and a wider viewing angle, according to a report published by Automotive News on 19 May 2022. Recently, Valeo showcased how Scala lidars and a front camera, along with vehicle-to-infrastructure communication, could automatically drive through congested boulevards, navigating between trucks and speeding passenger cars while avoiding pe...
    Valeo plans to produce over 20 million automotive nearfield cameras per year
    Valeo has said that it has produced its one hundred millionth automotive nearfield camera, which gives the car its rear and surround vision, at its Tuam site in Ireland, according to an official press release on 29 April 2022. The company said that the Tuam location is at the center of this industrial achievement, which has been aided by three additional Valeo operations throughout the world (another in Europe, one in North America, one in Asia). Marc Vrecko, President of Valeo’s Comfo...
    Valeo reports Q1 2022 net sales at USD5.10 billion, up 1.84% y/y
    Valeo has reported first-quarter net sales at EUR4.75 billion with a year-on-year (y/y) reduction of 1.84% compared to EUR4.66 billion in the first quarter of 2021 for the three months ended 31 March 2022, according to a filing by the company on 26 April 2022. The comfort and driving assistance systems business sales increased by 6% to EUR975 million in the first quarter of 2022 because of the start-up of various advanced driver assistance systems (ADAS) projects, particularly in North...
    Mercedes-Benz DRIVE PILOT SAE-Level 3 system to feature Valeo’s lidar technology
    Valeo has announced that the Mercedes-Benz S-Class will be equipped with Valeo SCALA 2 lidar, the company said in a press release on 22 March. The second-generation LiDAR system will be integrated into the Mercedes-Benz DRIVE PILOT system for SAE-Level 3 (L3) autonomous driving. The Valeo SCALA 2 lidar creates a 3D image of the vehicle’s surroundings. The image, called a “point cloud” then enables the device to distinguish between moving and static objects. Valeo SCALA 2 removes data th...
    Motherson and Valeo partner on interior lighting solutions
    Motherson company, Samvardhana Motherson Automotive Systems Group BV (SMRP BV) and Valeo have signed a Memorandum of Understanding (MoU) to create the automotive interior for the future, according to a press release published by Valeo on 22 February.   Vivek Chaand Sehgal, chairman of Motherson Group, said, “Our entrepreneurial spirit encourages us to offer ever more innovative products. To do this, we are aware that we must seek new partners that allow us to create value for our custo...
    Renault, Valeo, Valeo Siemens eAutomotive team up to codevelop electric motors in France
    Renault Group, Valeo and Valeo Siemens eAutomotive have signed a memorandum of understanding (MoU) to form a strategic partnership on jointly designing, developing and manufacturing new generation electric motors in France, Renault said in an official release on 10 February 2022. The vehicle manufacturer said that the said electric motors would be designed and developed with an intent of eliminating the use of rare earth materials. “The three partners will combine their know-how and recogni...
    Valeo appoints Christophe Périllat as CEO
    Valeo has appointed Christophe Périllat as chief executive officer, it said in a press release on 26 January. Périllat will replace Jacques Aschenbroich, who will continue to act as chairman of the board of directors. Périllat joined Valeo Group in 2000 and held several management positions in separate group companies. He became the chief operating officer in 2011, associate CEO in October 2020, and deputy CEO in May 2021. “I am fully aware of my responsibility to all our stakeho...
    CES 2022: Valeo unveils intelligent interior solutions
    Valeo unveils the company’s intelligent interior and in-cabin filtration systems for safer transport at CES 2022 in Las Vegas, it said in a press release on 20 December. Significance: Valeo’s offerings extend to support and protect vehicle occupants by creating the intelligent interior solution systems. The technology suite combines: Identifying the driver and alerting in the event of distraction or drowsiness Recognizing when passengers are in the vehicle and reminding them to bu...
    Auto parts supplier Huayu sells stake in JV with Valeo
    Shanghai SIIC Transportation Electric Co., Ltd. (STEC), subsidiary of China’s automotive parts supplier Huayu Automotive Systems Company Limited, agreed for a stake transfer agreement with Valeo International Holdng, the company announced in a statement released by Gasgoo on 28 December. Significance: As per the transaction agreement STEC will sell the company’s 27% stake in Valeo Shanghai Automotive Electric Motors & Wiper System Co., Ltd. at CNY397,955,733.48 (USD62,479,050) to VALE...
    CES 2022: Valeo to showcase autonomous driving technologies
    Valeo has announced that it will debut its third-generation lidar scanner at CES 2022 at Las Vegas January 2022, according to a company press release on 20 December. The lidar will be available in 2024. The lidar scanner has a laser-based system that can detect objects invisible to humans, cameras, and radars, located at distances of more than 200 m. Valeo will also display its lidar for near-vehicle vision, the Valeo NFL (Near Field lidar). On a highly automated car, it provides periphe...
    Valeo provides lidar for new Mercedes-Benz S-Class for Level 3 automation
    According to an official press release dated 23 December, Valeo announces that the new Mercedes-Benz S-Class, capable of reaching Level 3 automation, is the world's first car to be equipped with its second-generation Valeo SCALA lidar. Two innovations are showcased on the new Mercedes-Benz S-Class. To begin, the device includes a deicing feature that works by heating the telescopic nozzle that sprays the cleaning fluid. Second, it cleans the front of the lidar by spraying a curtain of liquid ...
    Valeo presents third-generation scanning lidar
    According to an official press release dated 23cNovember, Valeo presented its third-generation scanning lidar, which is set to hit the market in 2024. This new technology, which significantly improves performance, makes autonomous mobility a reality while also providing previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s SVP, R&D and Strategy said: “Valeo’s third-generation lidar is a major technological advance toward the autonomous vehicle. This upgrade strengthens ...
    Valeo launches first multitask fisheye camera to enhance automated driving
    Valeo has launched fisheye camera technology “WoodScape,” which contains over 10,000 images that will be captured by multiple Valeo vehicles across Europe using automotive-grade cameras, it said in a press release on 15 November. The technology is leveraged by the use of four surround-view fisheye cameras and annotations that vary across tasks such as semantic segmentation, depth estimation, 2D object detection, visual odometry, motion segmentation, soiling detection, and end-to-en...
    Valeo and Leoni announce partnership for zone controllers
    According to an official press release dated 7 September, Valeo, a leader in advanced driver assistance systems (ADAS) sensors and related functional software, and Leoni, a leading supplier of wiring systems and power distribution, will combine their strengths to bring the best in class solution for zone controllers, which are key components of future vehicles. According to the suppliers, there is a lot of interest in the market for zone controllers, and they are in close contact with several...
    Valeo to present multiple innovations at IAA Mobility 2021
    France-based automotive components supplier, Valeo, has announced that it will showcase six new innovations at the IAA Mobility 2021 event which begins today in Munich, Germany. According to a press release issued by Valeo on 6 September, the company stated that these innovations will span multiple automotive verticals. The company will present highly effective air filters that block 96% of allergens and 99.4% of viruses, including coronaviruses. Valeo has also developed a vital sign detector...
    Valeo to showcase innovative electric mobility solutions at IAA Mobility 2021
    French automotive supplier, Valeo plans to showcase several innovative technologies at the upcoming IAA Mobility 2021, which will be held in Munich this year from 7 to 12 September, the company said in a press release on 26 July. Valeo said that with the help of its joint venture (JV) with Siemens (Valeo-Siemens eAutomotive JV), it has developed technological electrification platforms that can offer solutions for all segments and applications, ranging from the affordable 48V systems to the mo...
    Valeo to present multiple innovations at IAA Mobility 2021
    According to an official press release dated 26 July, Valeo plans to showcase multiple innovations at IAA Mobility in September, including a series of technologies that can create a "health shield" within the interior of a vehicle and a smart lighting system. The Valeo innovations to be presented from 7–12 September 2021 include: Automated Valet Parking: The feature, which was developed in collaboration with BMW, allows a vehicle to park itself in a parking lot. Valeo Drive4U: The V...
    Valeo posts 27.4% y/y increase in first half 2021 sales at USD10.60 billion
    Valeo has posted a 27.4% year-on-year (y/y) growth in sales for the first half of fiscal 2021, according to a filing on 22 July. Sales came in at EUR8.99 billion (USD10.60 billion) compared with EUR7.06 billion a year earlier. Net profit was EUR90 million, versus a loss of EUR1.22 billion last year. “Leveraging our unique positioning in electrification and ADAS, we outperformed automotive production by more than 10 percentage points in all regions compared to first half 2019. In a chal...
    Valeo, Navya step up collaboration on autonomous vehicles
    French automotive supplier Valeo and the seven-year old self-driving vehicle startup Navya have decided to step up their technological and industrial collaboration in the development of autonomous shuttles, the company said in a press release on 17 June. Navya, which sold 180 units of its shuttles as of the end of December 2020, already sources technologies developed by Valeo. Deepening collaboration between both the companies aims to ramp up the research and development program to build the ...
    Navya announces autonomous shuttle project with Valeo in Germany
    Navya, a leader in autonomous driving systems, is launching new experimental projects in Germany with 16 shuttles sold, of which nine were sold in 2020, according to a press release issued on Business Wire dated 8 June. Etienne Hermite, CEO of Navya, concludes: “These new deployments within sites providing major technological challenges confirm Navya’s strong momentum on the German market and consolidate its position as the leading company for the supply of Level 4 autonomous driving...
    Valeo appoints Christophe Périllat as deputy CEO
    In a Board of Directors’ meeting held on 26 May, Valeo appointed Christophe Périllat deputy CEO of the company. Périllat was also appointed director of Valeo by the General Meeting on 31 May. Valeo said in a statement that the appointments as deputy CEO and as Director are in line with the succession plan of Jacques Aschenbroich as detailed in the press release of October 27, 2020 and in Valeo’s 2020 Universal Registration Document. The succession plan provides that the separation ...
    Valeo Q1 2021 sales rise 4% y/y to USD5.67 billion
    France-based automotive components and systems supplier, Valeo, has published its financial results for the first quarter of 2021. According to a press release issued by Valeo on 28 April, the company reported sales of EUR4.67 billion (approximately USD5.67 billion) for the first quarter of the 2021 period, which implies a rise of 4% year-over-year (y/y) from the EUR4.49 billion registered during the first quarter of the last fiscal year. The company reported that changes in exchange rates ha...
    Are we ready for light projection technology in and around a vehicle?
    Light projection can be used to transform a vehicle and its surroundings. Not only does light have the ability to increase safety and functionality but it also offers manufacturers the ability to differentiate their vehicles with lighting design and create customizable driving experiences. Nowadays, a number of cars, mostly premium, are offering what is called projection lighting. Such technology can be used for light carpets, for instance,&...
    2021 Shanghai Auto Show: Valeo showcases thermal, lighting solutions
    Valeo is presenting innovative thermal and lighting technologies at the ongoing 2021 Shanghai Auto Show in mainland China, according to a company press release on 19 April. In the field of thermal, Valeo is showcasing new heat pump and FlexHeater smart heating technology. In the field of lighting, the company is displaying its 360° lighting solution that surrounds the vehicle with a band of light, which will project clear, simple, and instantaneous indications that can be seen by nearby ro...
    Valeo’s FY 2020 sales down 16% y/y to USD20.2 billion
    Valeo has reported financial results for the fiscal year ended 31 December 2020. According to a company press release dated 18 February 2021, Valeo’s sales declined 16% year-on-year (y/y) to EUR16.4 billion (about USD20.2 billion). The company’s OE sales and aftermarket sales declined 16% and 12% y/y to EUR13.8 billion and EUR1.7 billion, respectively. The company posted a net loss of EUR1 billion compared with net income of EUR313 million in the previous fiscal year. EBITDA also fell by 40%...
    EIB grants USD727 million loan for Valeo’s R&D projects
    France-based automotive components supplier, Valeo, has been granted a loan of EUR600 million (over USD727 million) by the European Investment Bank (EIB) in order to fund its research and development (R&D) projects. According to a press release issued by Valeo on 10 February, these research projects focused on reducing carbon dioxide (CO2) emissions and improving vehicle safety. The funds, of which an initial loan of EUR300 million has just been signed, are to be allocated to Valeo’s Eu...
    Valeo to expand technologies that contribute to low carbon mobility
    Valeo will continue to expand its portfolio of technologies that contribute to low carbon mobility, the French automotive supplier said in a press release on 4 February. The company will invest mainly in the field of developing solutions for vehicle electrification. Over the past 10 years, Valeo claims to have invested more than EUR10 billion in technologies that reduce CO2 emission. The company has strong presence in solutions for automotive powertrain, including powertrain for hybrids and e...
    Valeo reports preliminary results for Q4 2020; total sales amount to USD6.1 billion
    Valeo has reported preliminary results for the fourth quarter of 2020, according to a company press release on 14 January. Despite the acceleration of the second wave of the COVID-19 pandemic, Valeo recorded like-for-like growth in OE sales of 5.3% in the fourth quarter of 2020 to EUR4.2 billion. Total sales for the fourth quarter 2020 amounted to EUR5 billion (USD6.1 billion). In the second half of 2020, the EBITDA margin was more than 13.5% of sales. The company recorded a free cash fl...
    Valeo testing Level 4 autonomy in Japan
    Valeo is testing level 4 autonomous driving technology in Japan, Nikkei Asia reported on 4 January. The trial includes a combination of 3D maps and data from communications between the vehicle and traffic lights. Valeo is assessing its lidar’s capability and reliability to achieve Level 4 autonomy limited to specific locations and/or conditions. Significance: The prototype vehicle is fitted with a second-generation SCALA installed in the front, three first-generation SCALAs each in the fron...
    Valeo’s CEO Jacques Aschenbroich to step down after 2021
    Valeo’s existing CEO Jacques Aschenbroich will retire from the post on 31 December 2021, according to a company press release on 27 October. Christophe Périllat, who is currently acting as chief operating officer of Valeo, will succeed Aschenbroich as CEO starting in January 2022. Also, Jacques Aschenbroich will continue to act as Chairman of the Board of Directors until the end of his current term of office as Director, i.e., until May 2023. Additionally, Valeo appointed Christophe Périllat...
    Valeo’s Q3 2020 sales fall 8% y/y to USD5.1 billion
    Valeo’s net sales fell 8% year-on-year (y/y) to EUR4.4 billion (USD5.1 billion) for the third quarter ended 30 September 2020, according to a company press release on 27 October. Original equipment (OE) sales totaled EUR3.7 billion, a decline of 7% y/y. In terms of business groups, sales of Comfort & Driving Assistance Systems declined 5% y/y, to EUR873 million, and sales of Powertrain Systems fell 8% y/y, to EUR1.1 billion. Valeo’s sales of Thermal Systems and Visibility Systems drop...
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