# Valeo secures EUR 4B in thermal system orders from Stellantis and other automakers

Valeo has secured more than EUR 4 billion in orders for thermal systems for electric vehicles, including heat pumps, air conditioning and battery cooling, from Stellantis and other European and Chinese automakers.

- Type: Contract
- Announced: 2022-10-24
- Value: $4.20B (4.00B EUR)
- Status: announced
- Products: heat pumps, air conditioning, battery cooling
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Valeo](https://endata.com/companies/655.md) (supplier)
- [Stellantis](https://endata.com/companies/7966.md) (customer)

## Sources

- [endata.com](https://endata.com/announcements/8527-valeo-wins-record-thermal-systems-orders-for-ev-heat-pumps-and-cooling-from), 2022-10-24: "Valeo has secured more than 4 billion euros in orders for its thermal systems dedicated to vehicle electrification"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.