Valeo’s big bet in motors for electric cars

Posted on Sep 28, 2021 at 7:10 Updated on Sep 28, 2021 at 7:32

Valeo persists and signs on the interest of joint venture created at the end of 2016 with Siemens in electric motors. Despite several difficult years and the recurring skepticism of analysts, the French equipment manufacturer now believes that the hardest part has passed for this activity considered strategic.

“We now equip two out of three electric vehicles, and we are four years ahead of the majority of our competitors! »Insists in an interview with« Echos »its president Xavier Dupont – who is also the boss of the division” Powertrain “(powertrains) of Valeo.

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