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Valeo: Alliance for Digital Mobility

Valeo: Alliance for Digital Mobility

Electrification and autonomous motorists are also presenting suppliers with new challenges. With such complex topics, it makes sense to have a competent partner on board. The technology company Valeo, for example, has now regained Bpifrance as a long-term shareholder. This should support the group in the implementation of their strategy, Valeo said.

Bpifrance's investment also demonstrates its confidence in the success of Valeo's strategic direction and in its growth potential. The common goal is to position the group in the three key areas that currently challenge the industry as a whole: electrification, autonomous vehicles and digital mobility.

"We are delighted to have regained Bpifrance as a long-term shareholder for our company, which will accompany the group as we move forward," commented Jacques Aschenbroich, Valeo's chairman and CEO. The renewal of Bpifrance's stake in Valeo's share capital sends out a strong message that speaks for the solid quality of the strategy. Together, they wanted to create innovative products for a fast-moving automotive market. It remains exciting.

The article "Valeo: Alliance for Digital Mobility" was published on 15.05.2019 in the category Environment by Ralf Loweg with the keywordsElectromobility, Autonomous Driving, Digitization, Suppliers, Environment,released.

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