Q. How are you contributing to the reduction of CO2 emissions and the development of safer driving? Which products in the portfolio are contributing to this vision?
A. 94 per cent of our turnover comes from technologies reducing CO2 emissions and improving safety. 10 years ago, Valeo committed to making CO2 emissions reduction its growth driver. Thanks to more than Euro 10 billion that we have invested in electrification, we have become the world leader in the field. Both in low and high voltage. Nearly 60 per cent of our sales now stem from technologies that contribute to reducing CO2 emissions. As a pioneer and world number one in vehicle electrification, Valeo boasts the widest technologies portfolio to support this revolution. Technologies that cover all segments and all use cases, from affordable hybrid solutions to the most powerful systems.
Valeo develops electrification technologies and efficient thermal management systems for EVs but also works on weight reduction and efficiency improvements to reduce CO2 emissions. Valeo is committed to achieving carbon neutrality by 2050 and reach 45 per cent of its objective by 2030. In concrete terms, this means that by 2030 we will have nearly halved our carbon footprint across our entire value chain, be it emissions from our plants, our manufacturing processes and our energy supply, or the emissions from our suppliers and the end-use of our technologies.
Improving safety on the roads is certainly the other major challenge of mobility. For a long time, Valeo has developed technologies able to help the driver to perceive its environment. Our driving assistance technologies currently equip one in four new vehicles worldwide. We were pioneers in this field, with the invention, 30 years ago, of the first ultrasonic sensor for parking assistance. Since then we have developed the broadest sensor portfolio on the market including ultrasonic sensors, radars, cameras and the one and only LiDAR on the automotive market in series production and fitted in series production vehicles.
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