Valeo Group (China)
Company Profile
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Business Overview
-The Chinese operation of the French Valeo Group, which has been operating in China since 1994.
-Valeo Group sales for the fiscal year ended December 31, 2023 were EUR 22.044 billion.
-In China, the Company has 35 plants, 14 R&D Centers, and nearly 20,000 employees. About 4,000 employees are engineers.
-In the fiscal year ended December 31, 2023, Valeo Group sales to OEMs in China reached RMB 30 billion, an year-over-year increase of 10.4%, accounting for 17% of the group's total sales.
>>> Click here for a detailed report of Valeo Group (headquarters)
Products
-The Company conducts business in four sectors.
Business sector | Product groups | Main competitors |
Comfort and Driving Assistance Systems | -Driving assistance -Intuitive controls -Connected cars |
-Aptiv -Robert Bosch -Continental -Denso -Hella -Kostal -Tokai Rika -ZF |
Powertrain Systems | -Powertrain electrification systems -Transmission systems -Powertrain actuator systems |
-Aisin (BluE Nexus) -BorgWarner -Robert Bosch -Denso -Magna -Melco -Nidec -LuK (Schaeffler group) -Vitesco -ZF |
Thermal Systems | -Thermal climate control -Thermal powertrain -Thermal compressor -Thermal front End -Thermal commercial vehicles |
-Denso -Mahle -Hanon |
Visibility Systems | -Lighting systems -Wiper systems |
-Robert Bosch -Denso -Koito Manufacturing -Marelli -Hella -Mitsuba -Shenhuabo -Trico |
Powertrain Systems
Powertrain Electrification Systems
-Starters
-Alternators
-Lithium-ion batteries
-Belt-driven starter generators
-12V starter generators
-48V starter generators
-Battery management systems
-On-board battery chargers
-Electric superchargers
-48V electric superchargers
-Electric retarders for trucks and buses
-Charger-inverters
-Stop-start systems
-Electric rear axle drives
-Crankshaft motor generators
-Gearbox motor generators
-48V starter-alternators
-12 V and 48 V mild-hybrid solutions
-High-power plug-in hybrid vehicle solutions above 60V
-Full hybrid/rechargeable hybrid systems
-Electronic control units
-DC-DC converters
-Inverters
-Sensors
-Battery voltage stabilizers
-Charging stations
-Complete engine management systems for gasoline and diesel engines
-Engine control units
-Electric motor drives
-Ignition components
-Emission control systems
-Injectors
-Range extenders
-Air circuits
-Exhaust gas recirculation valves
-EGR valves with air intake module and water charge air cooler
-EGR valves with air intake module, water charge air cooler and electric supercharger
Powertrain Actuators and Sensors
-Clutch master cylinders
-Clutch slave cylinders
-Clutch pipes
-Vibration cancellers
-Concentric slave cylinders
-Dual concentric slave cylinders
-Displacement sensors
-Gear speed sensors
-Gear shift cylinders
-Gear shift modules
-Electric transmission oil pumps
-Hydraulic actuators
Transmission Systems
-Cover assemblies
-Discs
-Clutch facings
-Release bearings
-Hydraulic clutch actuators
-Dry dual-clutch systems
-Wet dual-clutch systems
-Dual mass flywheels
-Flexible flywheels
-Systems for automated manual transmissions
-Torque converters
-Electro-mechanical and electro-hydraulic actuators
-Blade dampers
-Lock-ups
-Dry double clutches
Thermal Systems
Thermal Climate Control
-Air-conditioning systems and modules; air-conditioning loops and modules, including evaporators and heater cores
-Dual-layer HVAC systems
-Ultra-thin HVAC systems
-Decentralized interior comfort modules; rear air conditioning devices, boosters, additional comfort modules
-Aquarius cooling mist diffusers
-Positive temperature coefficient heaters for hybrid and electric vehicles
-Holistic Entelligence climate control systems for buses with lightweight air conditioning and advanced power electronics
-FlexHeater flexible surface heating systems
-Energy-storage evaporators for mild-hybrid vehicles or vehicles with stop-start systems
-Thermodynamic heating systems utilizing heat-pump principles for fully electric vehicles
-Air quality products; air filtration and purification systems
-Ultra-high performance filters
-Cabin filters
-Pollution sensors
-Air purifiers
-Thermal bus systems
-Heat exchangers
-Heat pumps
-Radiant heated surfaces
-Encapsulated air flow modules
-R-744 air conditioning systems
-Fans
-Air distribution shutter systems
Thermal Powertrain
-Thermal management systems for powertrains
-Battery thermal management systems
-Cooling modules
-Flat and light engine cooling modules
-Condensers
-Water-cooled condensers
-Chillers
-Composite battery casings
-Water-circuit coolers for battery cells
-Lateral battery coolers in low-profile pouch cells
-Battery plate liquid coolers
-Brushless fan systems
-Exhaust gas recirculation cooling systems
-Exhaust gas coolers
-Evaporators
-Heater cores
-Charge air coolers
-Plastic water charge air coolers
-Fuel coolers
-Oil exchangers
-Oil temperature management systems
-Fans/Motor systems
-Charge air cooler modules
-Front end modules
-Active grille shutters
-Radiator tanks
-Air intake modules
-A/C black boxes
Thermal Compressors
-Pallet compressors
-Fixed-cylinder compressors
-Variable cylinder compressors
-Electric and scroll technology compressors
-External control compressors
-Universal compressors
Thermal Front End
-Modules which include fan motors, heat exchangers, lighting systems, safety features, horn, cables, radar and cameras
-Lightweight bolsters
-Electronically controlled shutters
-Safe and green front ends
Thermal Commercial Vehicles
-Roof-mounted air conditioning units
-Split air conditioners
-Heating systems based off heat-pump principles
-Positive temperature coefficient heaters
-Heating systems using alternative energy sources
-Ventilation systems
-Roof hatch systems
Comfort and Driving Assistance Systems
Driving Assistance
-360Vue multi-camera systems
-Front camera systems
-Sightstream camera wing mirror replacement systems
-Xtravue Trailer rear view camera systems
-Lane change assistance systems
-Cross traffic alert systems
-LaneGuide lane departure warning systems
-Semi-automatic parking assistance systems
-Park4U automated parking systems
-Cruise4U automated driving systems
-Road sign detection systems
-Automated high/low-beam switching systems
-Emergency braking systems
-Ultrasonic sensors
-Infrared sensors
-Radar sensors
-Rain-light-humidity sensors
-Infrared laser scanners
-SCALA laser scanners
-Scalable control unit architecture
-Domain controllers
Connected Car
-Short-range hands-free access and start systems
-Long-range connectivity through telematic systems to mobile phone networks
-Access to car sharing services and remote parking systems
-Body controllers
-4G and 5G telematics modules
-Passive entry and start systems
-InBlue passive entry and start systems utilizing Bluetooth
-V2X communication systems
-Personal voice assistance systems
-Vehicle acoustic solutions
Intuitive Controls
-Top column modules
-Cabin comfort controls and control panels
-Steering angle sensors; angle and torque sensors
-Electronic control units (ECUs)
-Integrated faceplates
-Steering column switch modules
-Window lift switches
-HMI systems such as switches or touchscreens
-HUDs
-Displays with Thin-Film Transistor technology
-Touchscreens with haptic feedback technology
-Driver monitoring systems
-Intelligent steering-wheel controls
-Steering wheel switches
-Steering sensors
-Torque angle sensors
-Interior cameras
-Smart faceplates
Visibility Systems
Lighting Systems
-Main and auxiliary headlamps; halogen and Xenon
-LED front lighting systems
-BiLED Access Matrix module combining high- and low-beam functions
-Matrix beam lighting
-Adaptive front lighting systems
-Fog lights
-LED daytime running lamps
-ThinLens monofunction lighting modules
-Leveling devices and lamp wipers
-Lighting controllers
-Rear lighting including LED rear lamps and center high-mounted stop lamps
-Cabin lighting
-Adaptable interior and ambient lighting systems
-OLED surface lighting
-PeopLED affordable lighting solutions
-Cigar lighters
-LED rear lighting systems
-Lighting system control electronics
-Monolithic LEDs
-Illuminated logos and grilles
-Communication-capable lighting systems
-ISELED
Wiper Systems
-Arms
-Blades
-Linkages
-Motors
-Reversible motors
-Wash systems
-Front and rear wiper modules
-Electronic wiper systems
-Flat, hybrid, and traditional arm and blade sets
-Clean4U remote windshield defrosting and cleaning systems
-AquaBlade digital camera wiper solution to provide unobstructed view for automated vehicles
-Optical sensor cleaning systems
-Dual direct drive motors
-Complete wiper systems
-Pumps
-Nozzles
-Solenoid valves
History
June 1994 | Valeo Wenling Automotive Systems Co. Ltd. was established in Zhejiang Province and began manufacturing wiper systems. |
July 1994 | Valeo Automotive Air Conditioner Hubei Co., Ltd. was established to manufacture car air conditioning systems in Shashi, Hubei Province. |
Aug. 1994 | Valeo established Valeo Group China in Beijing, which will function as the Group's regional headquarters in China. |
Oct. 1994 | FAW-Zexel Climate Control Systems Co., Ltd., was established in Changchun. |
1995 | Valeo and SAIC Motor jointly established Shanghai Valeo Automotive Electrical Systems Co., Ltd. to manufacture starters and alternators. |
1995 | Valeo established a joint venture, Hubei Valeo Auto Lighting Co., Ltd., to manufacture automotive lamps in Wuhan City. |
June 1996 | Valeo and Shanghai STEC Transportation Electric Co., Ltd. (STEC) jointly established Valeo Shanghai Automotive Electric Motors & Wipers Systems Co., Ltd. |
Dec. 1996 | Huada-Zexel Automotive Air Conditioner Co., Ltd. was established in Loudi City, Hunan Province. |
1997 | Valeo and Nanjing Automobile Group jointly established Nanjing Valeo Clutch Co., Ltd. to manufacture clutches. |
June 2004 | R&D center was established in Wuhan for developing automotive lighting systems. |
Dec. 2004 | Telma (Valeo subsidiary at the time) established a wholly owned subsidiary, Telma Vehicle Braking Systems (Shanghai) Co., Ltd., to manufacture retarders in Shanghai. |
Jan. 2005 | Valeo made Valeo Wenling Automotive Systems Co. Ltd. its wholly owned subsidiary by acquiring 100 percent of the share capital held by its joint venture partner. |
Mar. 2005 | Valeo made Zexel Valeo Climate Control (ZVCC) and Valeo Zexel China Climate Control SA (VZCCC) its wholly owned subsidiaries by acquiring the remaining shares held by Bosch Automotive System. |
April 2005 | Valeo Thermal Systems and Fawer Automotive Parts jointly established Valeo Fawer Compressor (Changchun) Co., Ltd. |
May 2005 | Valeo provided 100 percent of the capital needed to establish Valeo Automotive Security Systems (Wuxi) Co., Ltd. to manufacture security systems in Wuxi. |
Dec. 2005 | Valeo established Shenzen Valeo Interior Controls Co., Ltd. to manufacture switches and detection systems in Shenzhen, Guangdong Province. |
Jan. 2006 | Valeo provided 100 percent of the capital and established Valeo Automotive Transmissions Systems (Nanjing) Co., Ltd. to manufacture torque converters in Nanjing. |
Mar. 2006 | Valeo and Ichikoh Industries, Ltd. jointly established Foshan Ichikoh Valeo Auto Lighting Systems Co., Ltd. in Foshan, Guangdong Province. |
July 2006 | R&D center was established in Shanghai for developing car air conditioning systems. |
Dec. 2007 | Valeo established Guangzhou Valeo Engine Cooling Co., Ltd, a wholly owned subsidiary to manufacture engine cooling modules in Guangzhou. |
July 2008 | Established Hubei Valeo Auto Lighting Co., Ltd. Foshan Branch, a wholly owned subsidiary to manufacture fog lamps, in Foshan, Guangdong Province. |
Mar. 2009 | Changed the company name of FAW-ZEXEL Climate Control System Co., Ltd. to Faw-Valeo Climate Control Systems Co., Ltd. |
Mar. 2009 | Established Valeo Engine Cooling (Foshan) Co., Ltd., a subsidiary to produce engine cooling systems in Foshan, Guangdong Province. |
Nov. 2009 | Acquired the remaining shares in Valeo Fawer Compressor (Changchun) Co., Ltd., making it into its wholly owned subsidiary and renaming it Valeo Compressor (Changchun) Co., Ltd. |
Mar. 2010 | Sold Telma Vehicle Braking Systems (Shanghai) Co., Ltd., one of its non core businesses. |
Oct. 2010 | Valeo Niles (Guangzhou) Electronics Co., Ltd. was established. |
Apr. 2011 |
Set up an electric technical center in Shenzhen. Shenzhen plant expansion project was finished. |
Jul. 2011 | Acquired Niles from RHJ International SA. |
Nov. 2011 | Acquired 80% shares of the Chery Group's Ruby Lighting. |
Valeo Automotive Air Conditioner Hubei Co., Ltd. Guangzhou Branch was established. | |
May 2012 | Guangzhou Valeo Niles Motor plant was opened. |
Aug. 2012 | Valeo Wenling Automotive Systems Co. Ltd. Shanghai Branch was established. |
Valeo Automotive Air Conditioner Hubei Co., Ltd. Powertrain Heating System Branch was established. | |
Jan. 2013 | Valeo Automotive Air Conditioner Hubei Co., Ltd. Tianjin Branch was established. |
May 2013 | Shenyang Valeo Pyeong Hwa Transmission Systems Co, Ltd. was established. |
Jun. 2013 | Wuxi Valeo Automotive Components Systems Co., Ltd. Shanghai Branch was established. |
Nov. 2013 | Wuxi Valeo Automotive Components Systems Co., Ltd. was established. |
Dec. 2013 | Valeo Engine Cooling (Foshan) Co., Ltd. Yantai Branch was established. |
Jun. 2014 | Valeo Friction Materials (Nanjing) Co., Ltd. was established. |
Jul. 2014 | Valeo Engine Cooling (Foshan) Co., Ltd.) Sanshui Branch was established. |
Nov. 2014 | Valeo Automotive Air Conditioner Hubei Co., Ltd. Changchun Branch was established. |
Jan. 2015 | Beijing Siemens Automotive e-drive Systems Co., Ltd. Changzhou was established. |
Jul. 2015 | Valeo Interior Controls (Shanghai) Co., Ltd. was established. |
Nov. 2015 | Guangzhou Valeo Engine Cooling Co., Ltd. Wuhan Branch was established. |
Jan. 2016 | Changshu Valeo Automotive Wipers Systems Co., Ltd. was established. |
Apr. 2016 | Foshan Valeo Electronic Auto Parts Co., Ltd. was established. |
Jun. 2016 | Siemens Automotive ePowertrain Systems (Shanghai)Co., Ltd. was established. |
Jul. 2016 | Siemens Automotive ePowertrain Systems (Shanghai) Co., Ltd. Tianjin Branch was established. |
Guangzhou Valeo Engine Cooling Co., Ltd. Tianjin Branch was established. | |
Aug. 2016 | Valeo Siemens eAutomotive Systems (Shenzheni)Co., Ltd. was established. |
Sep. 2016 | Valeo China R&D center settled in Wuhan Development Zone. The new center will become the Group’s comprehensive R&D facility in China based on Valeo Lighting Systems Hubei Technical Center as a founding body. |
Nov. 2016 | Changshu Valeo Automotive Wipers Systems Co., Ltd., Valeo's new subsidiary, began operations. |
Apr. 2017 | Valeo began operations of Valeo China Technical Center, a new and the largest R&D center in central China. |
Jul. 2018 | The Company signed contract with Valeo Siemens eAutomotive Parts Germany to establish Fawer Valeo Simens aAutomotive Parts (Changshu) Co., Ltd. |
Oct. 2018 | New Valeo Siemens Changshu plant opened. |
Oct. 2019 | Valeo Wuhan Technology Center completed the second-phase expansion. |
Nov. 2019 | Suzhou Dongfeng Valeo Pyeong Hwa Clutch Co., Ltd. started operations in the Suzhou Industrial Park in Jiangsu. |
May 2023 | The Shanghai Comfort and Driving Assistance Systems R&D Center was completed. |
Supplemental Information 1
>>>Business Report FY2005-FY2006
>>>Business Report FY2007-FY2008
>>>Business Report FY2009-FY2010
>>>Business Report FY2011
>>>Business Report FY2012
>>>Business Report FY2013
>>>Business Report FY2014
>>>Business Report FY2015
>>>Business Report FY2016
>>>Business Report FY2017
>>>Business Report FY2018
>>>Business Report FY2019
>>>Business Report FY2020
>>>Business Report FY2021
>>>Business Report FY2022
Note: A figure in brackets ( ) indicates a loss