Valeo Applauded by Frost & Sullivan for Minimizing Resource Consumption, Supporting Greener Mobility, and Its Competitive Strategies
SAN ANTONIO, Jan. 25, 2024 /PRNewswire/ -- Recently, Frost & Sullivan researched the circular economy and sustainability initiatives for the mobility industry and, based on its findings, recognizes Valeo with the 2023 European Competitive Strategy Leadership Award.
- In 2022, Valeo established the Circular Electronics Lab in Nevers, focusing on a unique Reman approach for rapid, high-quality product development, testing, and delivery.
- Collaborating with Stellantis, Valeo successfully launched a remanufactured video camera within a year, saving up to 99% of natural resources compared to new ones.
- This camera, the first of its kind from Valeo, offers the same 2-year warranty and performance as new parts.
- With its strong overall performance, Valeo earns Frost & Sullivan's 2023 European Competitive Strategy Leadership Award for executing circular economy and sustainability initiatives in the mobility industry.