# Valeo wins over €4 billion in thermal system orders for EVs

Valeo has won orders for thermal systems for electric vehicles worth more than €4 billion since the start of 2022, with a major new contract from Stellantis for heat pump systems.

- Type: Contract
- Announced: 2022-10-13
- Value: $4.00B (4.00B EUR)
- Status: announced
- Products: thermal systems, heat pumps, air conditioning systems, battery cooling systems, electric compressors
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

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

## Sources

- [electrive.com](https://www.electrive.com/2022/10/13/valeo-doubles-sales-in-thermal-solutions-for-evs/), 2022-10-13: "Valeo has won orders for its thermal systems for vehicle electrification worth more than four billion euros since the beginning of this year."

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