Valeo Leads Deployment And Industrialization Of Automotive LiDAR

Valeo Leads Deployment And Industrialization Of Automotive LiDAR

Figure 1: A Valeo 'Cockpit Lighting' is pictured at the research and development center of France's ... [+] multinational automotive supplier Valeo, November 20, 2017. PHOTO / STEPHANE DE SAKUTIN/AFP via Getty Images) Valeo is an automotive Tier 1 parts supplier to global automotive OEMs. Headquartered in France and listed on the Paris Stock Exchange (FR. PA), it generates ~$20B in annual sales, and employs 110, 000 employees in 33 countries and 187 geographical locations. Key areas of focus include ADAS (Advanced Driver Assistance Systems) and intuitive driving for which sensors, electronic controls and data intelligence play key roles. LiDAR is an important element of this portfolio. LiDAR has been an exciting business for the past 5 years, witnessing significant technology disruptions, billion-dollar investments, multi-billion dollar lawsuits, and entertaining management drama. Significant private and venture investments have occurred, and a total of six companies have gone public via SPAC transactions. Automotive LiDAR is a key driver for this excitement - both for ADAS and AVs (Autonomous Vehicles). A few companies have publicly announced design wins into automotive sockets. These include Valeo (in Daimler's Mercedes S Series), Cepton (in the GM Cadillac), Innoviz (in the BMW 7 Series), and Luminar (in