Founded in 1923, Valeo initially started as a manufacturer of brake linings and clutch facings. Today, the company has diversified its product portfolio to include a wide range of components for both internal combustion engine and electric vehicles. These products include lighting systems, wiper systems, air conditioning systems, and more.
One of Valeo’s key strengths is its commitment to innovation. The company invests heavily in research and development, with over 13,000 engineers working across its 45 research and development centers around the world. Valeo has also made strategic acquisitions to bolster its technological capabilities, including the acquisition of FTE Automotive in 2017 to strengthen its position in clutch systems and actuators.
In recent years, Valeo has been at the forefront of developing technologies for autonomous and electric vehicles. The company’s Cruise4U autonomous vehicle, which uses cameras and ultrasonic sensors to navigate traffic, has completed successful tests on the streets of Paris. Valeo is also developing a range of electrification solutions, including 48V systems and high-voltage electric powertrains.
Sustainability is another key focus for Valeo. The company is committed to reducing the environmental impact of its products and operations, with a goal to become carbon neutral by 2050. Valeo has developed a range of eco-friendly products, including lightweight materials for vehicles and thermal systems that reduce fuel consumption.
Valeo has also been recognized for its commitment to corporate social responsibility. The company has been included in the Dow Jones Sustainability Index for the past eight years, and has been recognized for its efforts to promote diversity and inclusion in the workplace.