France’s Valeo lent €600m for research into reducing vehicle emissions

The funds will be allocated to the company’s Europe-based research projects, primarily in France but also in Germany, the Czech Republic and Ireland

Siemens-Valeo form joint venture for EV engines

German engineering giant Siemens and French automotive supplier Valeo are to create a joint venture to develop powertrains for electric cars. The 50:50 partnership will develop and sell high-voltage electric motors and power electronics products required for electric passenger cars and light commercial vehicles. It will combine the French company’s power electronics business, which employs […]

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