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The Latest Breaking News from Valeo

Firm shuts 'remote' Scottish factory and moves production to England

A FIRM has announced plans to close its factory in north east Scotland, claiming its "remote" location has made it unviable ...

The National (Scotland)

Next stop, Berlin: ACT car tech company grows its influence in Europe

Seeing Machines joins forces with German machine learning

The Canberra Times

At Texas Arts And Tech Fest, Virtual Reality Is Perfectly Human

At South by Southwest -- the gargantuan Texas festival for cinema, music and tech -- artists this year embraced virtual reality as a way to better connect with humanity, not escape it.

International Business Times

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read the most diverse news in one place.

French E-Bike Specialist Valeo Rolls Out Updates To Cyclee Motor-Gearbox System

French e-bike specialist Valeo has updated its Cyclee system. The motor-gearbox system is reportedly quieter, more efficient, and more high-tech than before.

InsideEVs

French firm Valeo bets big on T.N., plans to invest ₹1,000 crore over next 5 years

Valeo to invest ₹1,000 crore in Tamil Nadu, creating 3,000 jobs & expanding product portfolio.

The Hindu

TechScape: Why billions in sanctions can’t bring down Binance

In this week’s newsletter: Changpeng Zhao has pleaded guilty to breaking US anti-money-laundering laws but will the enforcement end there?

The Guardian - UK

Nvidia sued after senior employee accidentally showed off confidential files taken from previous employer during a video meeting

French tech firm Valeo accused Nvidia of using stolen information as a "blueprint for future corporate espionage."

Fortune

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3 Auto Stocks Beating NIO (NIO)

NIO saw reduced sales, wider losses, and a steep gross margin decline in the second quarter. While it expects solid long-term growth, expensive valuation, poor fundamentals, and increased competition will likely keep it under pressure. Therefore, it could be wise to buy auto stocks Nissan Motor (NSANY), Renault SA (RNLSY),…

StockNews.com

3 Auto Stocks Investors Are Eyeing

As the automotive sector flourishes on the backs of improving consumer demand and adoption of EVs, fundamentally sound auto stocks, Valeo SE (VLEEY), Standard Motor Products (SMP), and Commercial Vehicle Group (CVGI) have gained traction among investors. Hence, these stocks could be solid buys now. Continue reading….

StockNews.com

4 ‘BUY NOW’ Auto Stocks Under $15

The demand for auto parts is expected to grow as auto sales are projected to return to pre-pandemic levels this year. In addition, the demand for new technologies is fuelling the growth of auto parts. Amid this backdrop, it could be wise for investors to buy fundamentally strong stocks Valeo…

StockNews.com

BMW And Valeo Partner To Create Level 4 Automated Parking System

A person would be able to leave the vehicle, and it would park itself. Automated charging and car washing are possible, too.

Motor1

Siemens Clocks 17% Revenue Growth In Q1; Discloses Asset Divestment Plans

Siemens AG (OTC:SIEGY) reported first-quarter FY22 revenue growth of 17% year-on-year to €16.5 billion. Orders rose 52% Y/Y to €24.2 billion. Orders increased 42%, and revenue rose 9% on a comparable basis. Profit Industrial Business increased 12% Y/Y, to €2.5 billion, and the corresponding profit margin came in at 15.7% (Q1 2021: 16.5%). The basic…

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