Valeo takes a new step towards electric mobility and announces its new Valeo Power division
PRESS RELEASE Paris - 22 April, 2024 Valeo takes a new step towards electric mobility and announces its new Valeo Power division Earlier this year, Valeo announced a project to merge its thermal and powertrain activities into a single entity to better address the electrification market...
ca.finance.yahoo.com
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The Valeo Comfort and Driving Assistance business group becomes the Valeo Brain division.
Mobility is evolving towards the Software Defined Vehicle, the acceleration of advanced driving assistance systems (ADAS) and the new opportunities they open for in-vehicle experience. They all rely on software and on powerful computing units acting like “brains” of the vehicles. Marc Vrecko is appointed Chief Executive Officer of the Valeo Brain division and Valeo Group Executive Vice President