Valeo is Launch Partner for new Automotive Software Marketplace

Valeo is partnering with GM, Magna, and Wipro to launch the SDVerse Vehicle Software Marketplace, a platform aimed at transparency and interoperability, bringing software developers and mobility players together.

“We are at the heart of the software defined vehicle revolution, and we are excited about joining the diverse group of members of SDVerse,” said Valeo North American President Jeffrey Shay. “As we accelerate toward electrification and autonomous driving, the software marketplace will make it easier for customers to define and acquire the specific software solutions they need, and we feel confident Valeo technology will shine.”

With the development of electric, autonomous and connected cars, software has become a key component to modern mobility, and car manufacturers are moving from a hardware-based architecture to a software-based architecture, the Software Defined Vehicle.

Valeo has more than 30 years of experience in providing software solutions for safer, cleaner, affordable mobility. It has one of the largest software offerings in the market, including embedded software and software as a product and as a service.

Today, more than 40% of Valeo’s 20,000 engineers are dedicated to software and systems, and we are growing our forces. In North America, Valeo currently has 60 software engineers working at its North American headquarters in Troy, Mich and its Mobility Tech Center in San Mateo, Calif. With a new technical center in Queretaro, Mexico opening in early 2024, that number will jump to more than 300, with an expectation to grow to 800 over the next few years.

www.valeo.com

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