Mumbai, Sept. 25 -- French tier 1 supplier Valeo has announced that it has secured a significant contract to supply its Dual Layer HVAC (Heating, Ventilation and Air Conditioning) system to a major Chinese automaker.
The contract is one of 10 new deals Valeo has secured in China with five different customers, bringing the total value of these contracts to EUR 700 million. The project is currently in the design phase, with production slated to begin in 2026. This collaboration not only strengthens Valeo's ties with Chinese manufacturers but also positions the company at the forefront of automotive HVAC technology.
Valeo's Dual Layer system is designed to provide better thermal comfort while reducing energy consumption. According to the c...
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