Valeo's strategy focuses on two areas:
- innovative technologies related to the reduction of C02 emissions and intuitive driving
- geographical expansion in high growth regions, specifically in Asia and emerging countries
Innovating to reduce CO2 emissions
The CO2 legislation in place in all regions of the world, with ambitious objectives for 2020, will influence automakers’ choice of technologies to develop.
A priority for automakers
“Each vehicle generation must be on average 10% to 15% more efficient, and technologies such as stop-start will be deployed as standard [...].”
Dr. Winterkorn, Chairman of the Board of Directors of Volkswagen, March 2012
A priority for consumers
With the information now readily available, consumers are aware of the level of emissions of vehicles and their fuel consumption. In addition, there has been a rise in fuel prices and the introduction in some countries of systems to encourage people to buy low-emission vehicles.
Reducing CO2 emissions is a priority for Valeo’s innovations
The principal technological developments that our R&D teams are working on aim to reduce vehicle fuel consumption. This is achieved by increasing internal combustion engine performance, using electric propulsion systems, reducing the energy consumption of the various systems, and reducing the weight of parts.
All these solutions perform effectively on numerous vehicles equipped with Valeo technologies. These include the following systems that are particularly popular with automakers and drivers alike:
- Stop-Start, which stops the engine when the vehicle is stationary (at a red light, for example), increasing fuel efficiency by up to 15% in congested urban conditions with a full load.
- More advanced hybrid solutions from the recovery of energy from braking to the ability to run the vehicle entirely off electricity for several kilometers.
- Optimized thermal management of electric vehicles.
- LED lighting, which consumes less energy, particularly for daytime running lights, and offers new styling possibilities for designers.
- Driving assistance systems, ranging from the detection of obstacles to fully automated parking, as well as systems that offer an aerial view around the vehicle, particularly useful during low-speed maneuvering.
Greater presence in high-growth regions
As well as developing innovative technologies, Valeo is now focusing its commercial and industrial efforts on attracting new customers and winning market share in high-growth regions. This is the case in Asia, which in 2012 represented more than 50% of global automotive production. The continent’s growth is led by China, now the world’s major automobile market, by India, which is expected to see similar expansion in the coming years, and also by South-East Asia. Asia will account for half of Valeo’s growth between now and 2015.
Valeo also operates on other fast growing automotive markets: South America, Turkey and Russia.