Valeo is an automotive supplier, partner to all automakers worldwide. As a technology company, Valeo proposes innovative products and systems that contribute to the reduction of CO2 emissions and to the development of intuitive driving. In 2020, the Group generated sales of 16.4 billion euros and invested 12% of its original equipment sales in Research and Development. At December 31, 2020, Valeo had 187 plants, 20 research centers, 43 development centers and 15 distribution platforms, and employed 110,300 people in 33 countries worldwide. Valeo is listed on the Paris Stock Exchange.
We have entered a new era. The challenges of rapid urbanization across the world coupled with environmental issues are creating new forms of mobility. New technologies are providing solutions that are reshaping our cities, our lifestyles and the way we travel. Always a pioneer and tech leader, the automotive supplier Valeo has been able to anticipate the changes redefining the auto world. The Group develops innovative systems and technologies designed to reduce CO2 emissions and develop autonomous, connected mobility that is widely affordable and closely matched to individual needs. At the center of the automotive industry's revolutions, Valeo has fundamentally transformed its product portfolio to strengthen its leadership position in electrification and advanced driver assistance systems (ADAS}, two segments that are expected to grow rapidly over the next few years.
By 2030, hybrid and electric cars are expected to account for one-third of global automotive production as demand for combustion engines declines. A pioneer and world leader in the field of vehicles electrification, Valeo already equips one out every three cars in the world with electrical systems that reduce CO2 emissions. Its innovative technologies cover all types of motorization - from low voltage and light hybridization to high voltage full-electric.
While half of the planet live in cities and the world's population continues to grow, urban densification creates any challenges, notably in terms of the mobility of goods and people. Autonomous driving will help alleviate traffic and increase safety by reducing the risk of collision. The automotive supplier Valeo is world-leader in producing sensors that enable vehicles to understand their environment. The Group is also preparing for new uses, with the autonomous and connected vehicle becoming a platform of services more than just a mere means of transport.
Digitalization and hyper-connectivity are disrupting usage and reinventing mobility. A pioneer in the sector, Valeo is committed to anticipating the needs of tomorrow, be it autonomous driving, the development of community-based models (carpooling, car sharing, chauffeurdriven transport) or smart cities and their "always in the move" citizens. The Group's mission? Create technologies and systems that serve people's needs.
Mr. Geoffrey Bouquot
Group CTO & VP Strategy
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