Valeo invests hard in its Powertrain Systems
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 per cent of Valeo Siemens eAutomotive, which has been integrated into its Powertrain Systems business. This strategic transaction strengthens Valeo’s position as a player in electrification with a full range of low[Read More…]