The joint venture by Valeo and Siemens dedicated to high voltage powertrains starts operation
Valeo and Siemens announce the closing of the joint venture dedicated to high voltage powertrains named Valeo Siemens eAutomotive. It will become a strong player in the fast growing market of automotive electrification.
Valeo acquires a 50% stake in CloudMade
Valeo announced its acquisition of a 50% stake in the capital of CloudMade, a developer of smart and innovative big data-driven automotive solutions such as a machine learning platform. The purpose is to improve and personalize vehicle comfort and safety.