Valeo Research Program for Emissions Reduction to Receive Significant Funding From French Industrial Innovation Agency

PARIS, March 5 -- Valeo (OTC: VLEEY) today announced that the French Industrial Innovation Agency (Agence de l'Innovation Industrielle, AII) has agreed to provide 61 million euros in funding for its research program LOwCO2MOTION(TM), which aims to improve vehicle engine efficiency and contribute to reducing CO2 emissions.

Thierry Morin, Valeo Chairman & CEO, commented: "This funding recognizes the value of the work that Valeo engineers have been undertaking in this field for several years and will allow us to offer the market new solutions that can provide up to 30% fuel savings with a significant reduction in CO2 and pollutant emissions."

The program focuses on two major innovations. The first is the camless system, in which the camshaft in engines is replaced by electromagnetic actuators that operate each valve independently. By controlling residual gases, minimizing pumping losses and deactivating cylinders and valves, this technology reduces fuel consumption and pollutant emissions by 20% for gasoline engines. It also provides enhanced performance and driving comfort due to an increase in low-end engine torque. A version for diesel engines will also be developed.

The second major innovation, totally compatible with the camless system, is a next-generation mild hybrid based on Valeo's StARS+X technology. In addition to the Start-Stop function which cuts off the engine when the vehicle is at a standstill, this system features a regenerative braking function, where energy generated during braking is recovered. The program includes the development of a new high-efficiency, high-power alternator technology as well as ultracapacitors, enabling a 10 to 15 % reduction in fuel consumption. These innovations will be enabled by new mechatronic technologies which are also part of the program

The LOwCO2MOTION(TM) program represents a total investment of 212 million euros over a four-year period. The AII funding is subject to the approval of the European Commission.

Valeo is an independent industrial group dedicated to the design, production and sale of components, integrated systems and modules for cars and trucks. It is one of the world's leading automotive suppliers. The Group has 129 production sites, 68 R&D centers, 9 distribution platforms, and employs 69,800 people in 29 countries worldwide.

For all additional information, please contact:

Kate Philipps, Group Communications Director, Tel: +33-1-40-55-20-65

Remy Dumoulin, Investor Relations Director, Tel: +33-1-40-55-29-30

For all additional information, please contact: Kate Philipps, Group Communications Director, Tel: +33-1-40-55-20-65; Remy Dumoulin, Investor Relations Director, Tel: +33-1-40-55-29-30

Home | Buyers Guides By Make | New Car Buyers Guide | Used Car Super Search | Total New Car Costs | New Car and Truck Reviews
Automotive News | TACH-TV | Media Library | Discount Auto Parts

Copyright © 1996-2014 The Auto Channel. Contact Information, Credits, and Terms of Use. These following titles and media identification are Trademarks owned by The Auto Channel, LLC and have been in continuous use since 1987 : The Auto Channel, Auto Channel and TACH all have been in continuous use world wide since 1987, in Print, TV, Radio, Home Video, Newsletters, On-line, and other interactive media; all rights are reserved and infringement will be acted upon with force.

Privacy Statement | Size Does Matter | Media Kit | Affiliates

Send your questions, comments, and suggestions to Editor-in-Chief@theautochannel.com.

Submit Company releases or Product News stories to submit@theautochannel.com.
Place copy in body of email, NO attachments please.

To report errors and other problems with this page, please use this form.

Link to this page: http://www.theautochannel.com/