The eAutomotive poke the Valeo Powertrain Systems Business Group. The company is hugely invested in the latest trend of electric vehicles. The growing electrification market attracted the Valeo group to integrate Valeo Siemens eAutomotive into Valeo’s Powertrain Systems business group.
The eAutomotive group is represented by the mass and premium market of 21 car manufacturers. The goal is to deliver more than 90 electric and plug-in hybrid models by the end of 2022. The vehicle models are well equipped with electric drive systems, motors, inverters, or onboard chargers.
An agreement between the Valeo Group and Siemens was announced with the agenda to acquire Siemen’s 50% stake in Valeo Siemens eAutomotive. The newly formed collaboration, known as Valeo siemens eAutomotive is integrating a full 10% into Valeo’s Powertrain Systems business group. The joint venture headquarter is located in Erlangen.
Valeo will acquire the Siemen’s stake on a debt-free basis. The adventure cost for the newly acquired stake of Siemens was EUR 277 million for the Valeo group.
As stated by the Christophe Périllat, Chief Executive Officer of Valeo,
“This transaction and the integration of Valeo Siemens eAutomotive into our Powertrain Systems business strengthens our position as a key player in the field of electrification by creating a champion that has all the associated technologies. It also makes us more innovative, competitive, and profitable as we do our part to decarbonize mobility. I would like to thank Siemens for the work we have done together over the past few years that have positioned Valeo Siemens eAutomotive as a champion of high-voltage electrification”.
As you can see, the electrified market open the door for an unexpected collaboration between two different groups. It is interesting to see Valeo Siemens competition with the already established car manufacturers from Germany.
The competition to the traditional car manufacturer players is not just from other countries. The market is not yet stagnant with new players joining their forces for new launches.
The joint venture equipped with the eDrive supports the vehicle to reach 0-100kph in 4 seconds without any CO2 emissions. The eDrive system supports the vehicle to reach 300 kW of peak power at 400 V with a fully integrated electric motor, inverter, and mechanical reducer combined with a complete powertrain system. The design and the development led to the system being more compact and efficient than the combustion engine.
Valeo group is also in partnership with X-Charge. The partnership is working on recovering the electric energy from vehicles to send the power to the electricity grid or home to use it in peak demand.
Valeo technology companies also developed the first immersive communication system for vehicles. The vehicles are equipped with numerous sensors to become a communication tool for the driver and people outside the vehicle.
The vehicle is equipped with a virtual reality headset and hand controller. The passengers are tele-transported into the backseat of the vehicle. The video below describes the cool technology embedded inside the vehicle:-