# Valeo wins record thermal systems orders for EV heat pumps and cooling from automakers

Valeo announced contracts with Stellantis and other European and Chinese automakers for thermal systems for electric vehicles, including heat pumps, air conditioning and battery cooling. Valeo has secured more than EUR 4 billion in such orders since the start of 2022.

- Type: Contract
- Announced: 2022-10-24
- Value: $4.20B (4.00B EUR)
- Status: announced
- Products: heat pumps, electric vehicle air conditioning units, front-end cooling modules, battery cooling systems, electric compressors, electric heating solutions
- 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

- [erticonetwork.com](https://erticonetwork.com/valeo-announces-two-record-order-intakes-for-its-thermal-systems-dedicated-to-the-electrification-of-vehicles/), 2022-10-24: "Valeo has secured more than 4 billion euros in orders for its thermal systems dedicated to vehicle electrification, a 100% increase compared with the same period in 2021."

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