Nina Caldwell
Valeo is a French global automotive supplier headquartered in Paris, France. It is a technology company and partner to all automakers and new mobility players worldwide. The company innovates to make mobility safer, smarter, and more sustainable. It has a strong focus on electrification, intuitive driving assistance systems, reinvented interiors, and lighting systems. With a history dating back to the early 20th century, Valeo has been a part of the automotive industry for over a century. The company designs, produces, and sells components, integrated systems, and modules for automobiles, including lighting and wiper systems, powertrain systems, and driving assistance technologies. So, while Valeo is not specifically a golf brand, it does play a significant role in the automotive industry and has contributed to innovations in mobility.
| Characteristics | Values |
|---|---|
| Type of company | Technology company and partner to automakers and new mobility players worldwide |
| Area of operation | Design, production, and sale of components, integrated systems, and modules for the automobile industry |
| Business segments | Powertrain Systems, Thermal Systems, Comfort and Driving Assistance Systems, and Visibility Systems |
| Headquarters | Paris, France |
| Number of employees | 113,601 people in 33 countries |
| Number of production plants | 184 |
| Number of R&D centers | 55 |
| Number of distribution platforms | 15 |
| Sales in 2018 | €19.1 billion |
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What You'll Learn
Valeo's history in the automotive industry
Valeo is a French global automotive supplier headquartered in France, with a listing on the Paris Stock Exchange (CAC Next 20 Index). The company has a vast global footprint, with operations in 29 countries, 186 production plants, 66 R&D centres, and 15 distribution platforms. Employing over 113,000 people, Valeo supplies a diverse range of products to automakers and the aftermarket.
The origins of Valeo can be traced back to 1923, when the Société Anonyme Française de Ferodo (SAFF) was established in Saint-Ouen, near Paris. Initially, the company distributed brake linings and clutch facings under license from Ferodo. Ferodo itself was founded in 1897 by British entrepreneur Herbert Frood, specialising in brake linings, a crucial component for automobile braking. In 1932, SAFF began manufacturing clutches and was listed on the Paris Stock Exchange. The company expanded across France in the 1950s, establishing new factories and growing its workforce to 2,500 employees. During this period, they also ventured into the production of braking systems, thermal systems, and lighting systems.
Over the years, Valeo has built a strong reputation for innovation in the automotive industry. They have consistently ranked as France's leading patent filer, investing significantly in research and development. In the early 2000s, Valeo introduced parking assistance systems utilising ultrasonic sensors. The company's commitment to innovation was further demonstrated by their low-voltage prototype electric vehicle, showcased at the Consumer Electronics Show in Las Vegas in 2017.
Valeo's strategic focus under CEO Jacques Aschenbroich since 2009 has been twofold. Firstly, on innovation linked to reducing CO2 emissions and intuitive driving, and secondly, on geographical expansion into high-growth potential countries, particularly in Asia and emerging markets. This strategy has yielded remarkable results, with Valeo's sales increasing from €7.5 billion to €19.1 billion between 2009 and 2018. The company continues to adapt to the evolving automotive industry, focusing on key trends such as electrification, advanced driver assistance systems, interior reinvention, and lighting innovations.
In February 2021, Valeo announced a $5 million investment in a new assembly plant in Bessemer, Alabama, creating 70 new jobs. The company's commitment to health and safety is also noteworthy, with high standards in place to monitor employees and retired personnel, as agreed upon with the French government in 2009.
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Valeo's lighting systems
Valeo is a French global automotive supplier that provides a wide range of products to automakers and the aftermarket. The company is headquartered in France and is listed on the Paris Stock Exchange (CAC Next 20 Index).
One example of Valeo's innovative lighting technology is its PictureBeam Monolithic technology, which is the first high-definition LED artificial intelligence (AI) lighting solution to improve road safety at night. This technology projects around 4,000 pixels onto the road in a single light module, creating a very wide lighting beam that improves visibility without causing glare. The system also has an anti-glare function that detects pedestrians or cyclists and automatically sends more light to their area without dazzling them.
In addition to its lighting systems, Valeo offers a range of other automotive products and systems, including parking assistance systems, electric vehicles, and intuitive controls such as touchscreens, gesture recognition, and driver monitoring systems. The company has a strong focus on innovation and geographical expansion, with a particular emphasis on reducing CO2 emissions and improving driving experiences.
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Valeo's driving assistance systems
Valeo is a French global automotive supplier that provides a wide range of products to automakers and the aftermarket. The company is headquartered in France and listed on the Paris Stock Exchange. Valeo's driving assistance systems are known as Advanced Driver Assistance Systems (ADAS). These systems are designed to improve road safety, driving comfort, and vehicle intelligence. ADAS uses a combination of sensors, cameras, radar, LiDAR, and intelligent algorithms to monitor the surrounding environment and provide real-time alerts and assistance to drivers.
One example of an ADAS feature is the Lane Keeping Assist System (LKAS), which uses lane detection algorithms and cameras to detect lane markings and gently correct the vehicle's trajectory if it deviates from its intended path. Another feature is Blind Spot Detection (BSD), which alerts drivers to the presence of vehicles in their blind spots, preventing potential accidents during lane changes.
The Complete ADAS Solution offered by Valeo also includes advanced parking features, such as Automatic Parking Assistance, which enables the vehicle to steer itself into parallel or perpendicular parking spaces. Ultrasonic sensors are used to accurately measure available parking spaces and guide the vehicle safely into position.
In addition to safety and parking assistance, ADAS also provides driving assistance. For example, Adaptive Cruise Control (ACC) maintains a safe distance from the vehicle ahead by automatically adjusting the speed, reducing the risk of rear-end collisions.
Valeo has been developing driving assistance sensors since the 1990s and is the world's leading manufacturer of these sensors. The company has produced over 1.5 billion ADAS sensors in the past 30 years and plans to produce another 1.5 billion in the next five years. Valeo's commitment to innovation and geographical expansion has contributed to its growth, with a significant presence in high-growth potential countries like China.
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Valeo's global presence
Valeo is a French global automotive supplier headquartered in France. It supplies a wide range of products to automakers and the aftermarket. The company was founded in 1923 in Saint-Ouen, near Paris, as the Société Anonyme Française de Ferodo. It distributed brake linings and clutch facings under license from Ferodo and was listed on the Paris Stock Exchange in 1932.
Since then, Valeo has expanded globally and now has a presence in 29 to 33 countries worldwide. It has 184 to 186 production plants, 55 to 66 R&D centers, and 15 distribution platforms. The company employs 113,600 to 113,601 people globally.
In 2018, Valeo's sales rose 4% to €19.1 billion, with strong development in China. The company invests 11.8% of its sales in R&D and innovation, employing 17,900 people in these areas. Valeo frequently ranks as France's leading patent filer and is known for its innovations in electrification, driving assistance systems, interior design, and lighting systems.
Valeo's global expansion strategy focuses on high-growth potential countries, particularly in Asia and emerging markets. In 2021, the company announced a $5 million investment to open a new assembly plant in Bessemer, Alabama, creating 70 jobs. This expansion reflects Valeo's commitment to innovation linked to the reduction of CO2 emissions and intuitive driving.
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Valeo's focus on sustainability and innovation
Valeo is a French global automotive supplier that has been focusing on sustainability and innovation. The company's growth strategy is designed to take advantage of hyper-growth market trends emerging in the fields of electrification, automation, interior design, and lighting.
Valeo's commitment to sustainability is evident through its "CAP 50" plan, which aims to reduce the company's greenhouse gas emissions from 50 Mt in 2019 to zero by 2050. The company also set two targets for 2050: contributing to carbon neutrality across its operating activities and supply chain globally and during the product use phase in Europe. Valeo's unique manufacturing process reduces the weight of side members by 30%, offering greater rigidity than metal structural parts. Additionally, they introduce bio-sourced composite materials, such as replacing glass fibres with hemp fibres.
The company's focus on innovation is exemplified by its "Move Up" plan, which aims to increase original equipment sales by 13% annually from 2021 to 2025. This strategy targets major changes in electrification, advanced driver assistance systems (ADAS), interior design, and lighting. Valeo Siemens eAutomotive's integration has positioned the company as a leader in electrification, offering a comprehensive range of low- and high-voltage electric powertrain solutions.
Valeo's commitment to sustainability and innovation is further demonstrated by its work in driver assistance systems. Their Smart Safety 360 system offers safety, driving, and parking assistance functions, with a smart front camera acting as the central computer. The system connects ultrasonic sensors, radars, and a camera for driver monitoring.
The company's lighting innovations are also noteworthy. They offer various lighting features, such as road projection, improved vehicle-to-vehicle communication, and custom lighting designs. Valeo's expertise in exterior and interior visibility positions them to leverage these trends for profitable growth.
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Frequently asked questions
No, Valeo is not a golf brand. It is a French global automotive supplier and technology company headquartered in Paris, France. It supplies a wide range of products to automakers and the aftermarket.
Valeo innovates to make mobility safer, smarter, and more sustainable. It enjoys technological and industrial leadership in electrification, driving assistance systems, the reinvention of the interior experience, and lighting.
Valeo was founded on February 10, 1923, as the Société Anonyme Française de Ferodo. It first distributed brake linings and clutch facings under license from Ferodo. In 1932, the company began producing clutches and was listed on the Paris Stock Exchange. In the 1950s, the company expanded outside the Paris area, opening new factories in France. The firm produced braking systems in 1961, thermal systems in 1962, and lighting systems and electrical systems between 1971 and 1984.
