Valeo wins GM's Supplier of the Year award in ADAS
Valeo has sold more than 1.5 billion ADAS sensors over the past 30 years and plans to sell more than 3 billion sensors over the next 5 years.
Valeo, a France-based firm focused on technologies for driver assistance, has been awarded by General Motors as Supplier of the Year in the category of Advanced Driver Assistance Systems (ADAS).
The company has extensive technological and industrial expertise in Advanced Driver Assistance Systems (ADAS), enabling it to produce very efficient solutions at optimal cost. The company has sold more than 1.5 billion ADAS sensors over the past 30 years and plans to sell more than 3 billion sensors over the next 5 years.
Vehicles are offering more ADAS functionality to ensure the safety of passengers and to gradually pave the way for autonomous driving. ADAS technology ranges from automatic emergency braking in the event of danger, to monitoring driver alertness, maintaining the vehicle in the correct lane, adapting speed automatically, and adjusting the lighting.
“This award is an exceptional milestone in Valeo's long-standing relationship with GM and we are honored to be recognized. The acceleration of ADAS technology is a core focus for Valeo and for GM to acknowledge us in this category - it’s truly special,” said Jeffrey Shay, President of Valeo North America.
RELATED ARTICLES
Samvardhana Motherson Issues Rs 200 Crore Commercial Paper
Samvardhana Motherson lists 83-day unsecured short-term debt instrument to Kotak Mahindra Bank.
CAFE III Eases Small-Car Burden Through Flatter Target Curve
Final norms drop the earlier 3g/km concession for sub-909kg cars but give lighter vehicles relatively softer targets, ju...
e-SPRINTO to Launch Consumer Electric Scooter in October
e-SPRINTO, which has so far served business customers, plans to launch a consumer electric scooter in October with a cla...



27 Mar 2023

Angitha Suresh