Our strategy

Driving Change Together and growing in key geographies

 

Valeo is consolidating its position as a global leader in the key future car technologies. The Group is fully aligned for a future of electrified, safer and software-defined cars, and is growing in all geographies including China, India, and North America.

Building on our existing strengths as an industrial champion and a technological powerhouse, we have spent the last few years making Valeo into a global leader fit for success.

Christophe Périllat, Director and Deputy Chief Executive Officer

“Since 2022, our Move Up plan has ensured that we are well positioned in terms of technology to succeed in the market, and has laid the foundations for significant financial improvements resulting in a steady improvement in Group profit and cash. With Elevate 2028, we intend to capitalize on these achievements and to further improve our financial fundamentals.”

Chief Executive Officer of Valeo

Christophe Périllat

With Elevate 2028 plan, Valeo continues the transformation that was achieved under Move Up, targeting stronger financial fundamentals. It will be powered by three engines:

  • Steadily improving profits from 2022 onwards;
  • Generating higher cash, from 2025 onwards;
  • Returning to sales growth, which is anticipated from 2027.

Future growth will be supported by Valeo’s strategic positioning, both in terms of technologies and geographies.

Driving the Future: Valeo’s Best-in-Class Technologies

The car of tomorrow will have to be electrified, safer, and software defined, in order to effectively address the challenges that current modes of road transportation are creating for our societies, in terms of CO2 emissions and road safety. Valeo and its three divisions – Power, Brain, and Light – offer the best in class technologies in all the key areas that are required to meet those demands.

  • POWER Division is poised for significant growth driven by the accelerating, albeit delayed, shift to electrification. Valeo now offers a comprehensive product portfolio covering the full range of electric powertrain types and boasts a competitive global footprint in manufacturing and development.
     
  • BRAIN Division offers a comprehensive range of sensors, interior experience solutions, computing units and software which is enabling the division to dramatically increase its value contribution per car.
     
  • LIGHT Division is a solid business, capitalizing on a strong position in a market which is expecting to show value per car increasing by 30% from 2024 to 2030. LIGHT offers technologies that are perfectly aligned with key market drivers, which are style, performance, safety, and sustainability.

All three divisions are backed up by Valeo Service, an organization progressively transforming from a largely aftermarket operation to a provider of a wider range of support services.

Beyond automotive, Valeo is leveraging its expertise to prepare for the future of mobility by offering motors for e-bikes, charging solutions, displays for 2-wheelers, and motors for light urban e-cars. Applications also extend to areas such as data center cooling, defense and agriculture.

Growing in Key Geographies

As new dynamics redefine the global automotive market, Valeo will be expanding its market shares in key geographies with a particular focus on China, India, and North America:

  • China is a “fitness center” where we are equipping ourselves in the world’s toughest market place for global success.
  • In India, the market is undergoing a deep-seated transformation and Valeo is perfectly positioned to benefit from the increasing demand for advanced features and the electrification of vehicles.
  • In North America, Valeo is benefiting from its strong position in a market place which is accelerating in terms of technological innovation.

Christophe Périllat | ELEVATE 2028 CEO Message