From March 6 to 9, 2024, at the Taipei Cycle Show 2024 Valeo presents its innovative 48V electric assistance system for all types of bicycles and adapted to a rapidly transforming market.

This milestone comes only 12 months after reaching the 10th million front camera in November 2022. Up to 40.000 front cameras a day are manufactured in 3 production sites in Europe and China serving 12 OEMs.

Today, Valeo acquired Siemens’ 50% stake in Valeo Siemens eAutomotive, as provided for in the agreement signed with Siemens on February 9. As a result, Valeo now holds 100% of Valeo Siemens eAutomotive, the leader in high-voltage electrification, which has been integrated into its Powertrain Systems business.

Valeo, the world leader in automotive electrification technology, and Omega Seiki Mobility (OSM), part of Anglian Omega Group, have signed a Memorandum of Understanding (MoU), through which Valeo will provide the electric powertrains for OSM Vehicle Range.

Valeo welcomes the measures announced by the French government under the automotive recovery plan, which was prepared rapidly and involved constructive collaboration with the French automotive industry. With a focus on the transition towards greener mobility, the plan combines measures to encourage both supply and demand and leverages the industrial and innovative resources available on the French market.