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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.
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.
AD Plastik Group secured new orders from Volkswagen worth EUR 7.5 million and from Stellantis worth EUR 2.3 million, totalling EUR 9.8 million (USD 11.88 million), according to a press release of 10 May 2021.