Valeo's sales in 2023 will exceed RMB 30 billion, a year-on-year increase of 10.4%

In 2024, Valeo will celebrate its 30th anniversary in China. After years of development, Valeo has become an important partner of Chinese OEMs and the automotive innovation ecosystem. Valeo China's sales in 2023 exceeded RMB 30 billion, a year-on-year increase of 10.4%. Partners include traditional automakers and new car companies. Among them, orders from Chinese OEM customers accounted for more than 50% of the group's orders in China in 2023.