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Valeo, Siemens JV for high-voltage electric powertrains starts operation: Valeo Siemens eAutomotive GmbH

Green Car Congress

The portfolio comprises e-motors, range extenders, onboard chargers, inverters and DC/DC converters, destined for the entire range of on-road electric vehicles including hybrids, plug-in hybrids and full electric vehicles. Valeo Siemens eAutomotive will be managed by Louis Pourdieu (CEO) and Peter Geilen (CFO).

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Siemens and Valeo to form joint venture in high-voltage electric powertrains

Green Car Congress

Siemens and Valeo have signed an agreement to form a joint venture in high voltage powertrains for the entire range of electric vehicles including hybrids, plug-in hybrids and full electric vehicles. Siemens said that the electric vehicle components market is expected to grow with a compound annual growth rate of more than 20% until 2020.

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