- French auto parts manufacturer Valeo announced on Thursday its strategic decision to increase its utilisation of Google Cloud and implement advanced AI technologies, highlighting the growing importance of such innovations in the automotive sector.
- With plans to integrate AI across various facets including vehicle design and customer support, Valeo aims to incorporate Google Cloud’s suite of AI products into the tools utilised by its software development teams, signaling a commitment to enhancing efficiency and competitiveness in the industry
- Geoffrey Bouquot, Valeo’s chief technology officer, affirmed the partnership’s pivotal role in advancing the relevance, security, and productivity of generative AI.
French auto parts manufacturer Valeo announced on Thursday that it will use more Google Cloud and introduce new AI technologies, underscoring rising significance in the automotive industry.
Valeo empowers innovation with AI adoption
Valeo plans to leverage AI in vehicle design, and customer support, and integrate Google Cloud’s AI products into the toolkit used by its software development teams.
Valeo’s chief technology officer Geoffrey Bouquot commented: “Together, we will play an essential role in how we make generative AI as relevant, secure, and productive as possible to support Valeo’s growth.”
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About Valeo
Valeo, a global automotive supplier, is headquartered in France.
Supplying a diverse array of products to both automakers and the aftermarket, Valeo boasts a workforce of 113,600 individuals across 29 countries worldwide. Additionally, it operates 186 production plants, 66 research and development centres, and 15 distribution platforms.
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In February, Valeo revised its projected net sales for 2025 due to subdued growth in the automotive sector, specifically within the electric vehicle segment, which fell short of initial expectations.
Valeo’s latest forecast for 2025 net sales now stands between 24.5 billion to 25.5 billion euros ($26.49 billion-$27.57 billion), marking a downward adjustment from the earlier projection of around 27.5 billion euros.
