French supplier Valeo has developed an electric turbocharger that it says eliminates “turbo lag.” The new turbocharger is powered by an electric motor instead of exhaust gases.
Tag Archives: Valeo
Valeo raises 2014 profit forecast
French car parts supplier Valeo has raised its full-year earnings forecast following a 21 percent rise in first-half profit, due mainly to overseas expansion and increased demand for fuel-saving technologies.
A 25 percent surge in new orders “confirms once again the company’s strong organic growth potential,” CEO Jacques Aschenbroich said in a statement.
Valeo opens starter plant in China
French supplier Valeo has opened a starter plant in Shanghai, China, IHS Automotive reported in its weekly supplier newsletter.
Driver assistance systems to increase through 2018
Research and Markets has announced the addition of the “Driver Assistance Systems Market: Global Trends and Forecast to 2018” report to its offering.
The global demand for automobiles is increasing at a significant rate in recent years. Due to the global economic downturn, the automobile industry witnessed a slight downfall from 2008, where global sales of vehicles decreased to 68.1 million units from 71.2 million units (2007).
Win €100,000 in Valeo innovation challenge
Valeo is inviting engineering students to take part in the global Valeo Innovation Challenge. The goal is to design equipment that, between now and 2030, will make the car more intelligent and intuitive. Participants can sign up now at https://valeoinnovationchallenge.valeo.com.
