Valeo and Navya Strengthen Their Technological and Industrial Collaboration
17 Giugno 2021 - 8:00AM
Business Wire
Regulatory News:
Valeo and Navya (Paris:NAVYA) have decided to step up their
technological and industrial collaboration in the field of
autonomous shuttles.
The Navya shuttles (180 units sold as at December 31, 2020)
which are operated worldwide are already equipped with Valeo
technologies. The aim is to ramp up the Research and Development
program to build level 4 autonomous driving systems that can be
brought to market within the next three years.
Valeo will provide Navya with the sensors and associated
algorithms that will enable the vehicle to closely perceive its
surroundings, and Navya will share the technical and functional
data collected during experimentations. At the end of this phase,
Valeo will manufacture and supply the selected components, so that
they can be integrated in the autonomous driving solutions marketed
by Navya.
From a technological perspective, the collaboration will focus
in particular on the following components: cameras, artificial
intelligence softwares and electronic control units (ECUs).
In terms of driving assistance (ADAS), Valeo has the most
extensive portfolio of technologies on the market, all of which are
manufactured on a large scale. They include ultrasonic sensors,
cameras, radars and the first 3D LiDAR to enter series production
and meet the demanding specifications of the automotive
industry.
Valeo also provides the brain of the technology – the control
unit – which combines and processes the data collected. The control
unit maps out a detailed 360° image of the vehicle’s surroundings
and uses algorithms to detect objects and provide safety
functions.
This technological, industrial and commercial partnership builds
on the longstanding cooperation agreements between the two
companies, particularly those concerning the sensors used on the
Autonom® Shuttle. The applications resulting from the first phase
of development are expected in the third quarter of 2022.
Etienne Hermite, CEO of Navya, said: “I would like to
thank our partner and shareholder Valeo for its ongoing support.
This collaboration with one of the world leaders in the automotive
industry illustrates the added value of our technology. With this
agreement, Navya will open up new opportunities for Valeo’s
components and subsystems while enhancing its autonomous mobility
solutions, all with the goal of reinforcing our position as a
leading supplier of level 4 autonomous driving systems for
passenger and goods transportation.”
Geoffrey Bouquot, Chief Technology Officer and Vice
President, Strategy at Valeo, stated: “Stepping up our
collaboration with Navya, an innovative and pioneering company at
the heart of autonomous mobility, will allow us to test our latest
ADAS technologies in real-life situations. Our partnership is a
concrete illustration of Valeo’s DNA: developing innovations that
are driving the future of mobility toward cleaner, safer, smarter
solutions.”
About Navya
Created in 2014, Navya is a leading French name specialized in
the supply of autonomous driving systems and associated services.
With 280 employees in France (Paris and Lyon), in the United States
(Michigan) and in Singapore, Navya aims at becoming the leading
player in level 4 autonomous driving systems for passenger and
goods transport. Since 2015, Navya has been the first to market and
put into service autonomous mobility solutions. The Autonom®
Shuttle, the main development axis, is dedicated to passenger
transport. Since its launch, more than 180 units have been sold in
23 countries as of 31 December 2020. The Autonom® Tract is
dedicated to goods transport. The Valeo and Keolis groups are among
Navya’s historical shareholders.
Valeo is listed on Euronext Paris (ISIN code: FR0013018041 -
Navya). For more information visit: www.navya.tech
About Valeo
Valeo is an automotive supplier, partner to all automakers
worldwide. As a technology company, Valeo proposes innovative
products and systems that contribute to the reduction of CO2
emissions and to the development of intuitive driving. In 2020, the
Group generated sales of 16.4 billion euros and invested 12% of its
original equipment sales in Research and Development. At December
31, 2020, Valeo had 187 plants, 20 research centers, 43 development
centers and 15 distribution platforms, and employed 110,300 people
in 33 countries worldwide. Valeo is listed on the Paris Stock
Exchange. www.valeo.com
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Navya Marketing & Communication Manager
Mélanie Voron melanie.voron@navya.tech +33 (0)6 68 23 82
84
Chief Financial Officer Benoit Jacheet
finance@navya.tech
NewCap Investor Relations Thomas Grojean Nicolas
Fossiez navya@newcap.eu +33 (0)1 44 71 94 94
NewCap Media Relations Nicolas Merigeau navya@newcap.eu
+33 (0)1 44 71 94 98
Valeo 43 rue Bayen 75017 Paris www.valeo.com
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