Valeo Merges Powertrain & Thermal Activities to Create Valeo Power Unit

France's Valeo has merged its thermal and powertrain activities into a single entity to better address the electrification market and increase the range, performance and comfort of the vehicles. The Valeo Power division will be based on seven of Valeo's regional operations and will progressively replace the former Valeo Thermal Systems and Powertrain Systems business groups.

Xavier Dupont has been appointed Chief Executive Officer of the Valeo Power division and Valeo Group Executive Vice President.

At the same time, Valeo has updated the names of two other divisions to reflect the evolution of its activities:

The Valeo Comfort and Driving Assistance business group becomes the Valeo Brain division.

The Valeo Visibility business group becomes the Valeo Light division.

Valeo’s new operational structure is now organised around these three divisions that will become the financial reporting segments of the Group starting at the 2024 half-year results.

Christophe Périllat, Valeo CEO, says: “Today is an important milestone in the story of Valeo with the creation of our new Valeo Power division, born from the merger of our former Powertrain Systems and Thermal Systems Business Groups. As we further accelerate in electrification, our Valeo Power division will enable us to offer our customers technologies tailored to market expectations in terms of performance and cost. The new division will also contribute to our efforts to improve our competitiveness and financial performance. “ 

Valeo is an automotive supplier and partner to automakers worldwide.

As a technology company, it designs innovative solutions for smart mobility, with a particular focus on intuitive driving and reducing CO₂ emissions.