Sunday 16 - Dec - 2018
Valeo is ramping up its operations in Egypt with the inauguration of a second building for its R&D software development center in Smart Village, Cairo, making it the largest R&D center in the country. The opening ceremony took place with Jacques Aschenbroich, Chairman and CEO of the Group.
To support Valeo’s growth worldwide, the R&D center in Cairo is growing fast with the recruitment of 400 additional engineers by 2020 to reach a total of 2,000.
As an innovative company offering systems for CO2 emissions reduction and automated driving, Valeo is at the epicenter of the three revolutions that are shaping the automotive industry: electrification, autonomous vehicles, and digital mobility. The Group designs and manufactures technology-packed products destined to play an increasingly essential role in the vehicles of the future.
Valeo engineers in Cairo are actively contributing to developing the latest software solutions for Valeo cutting edge technologies, in cooperation with all of Valeo’s R&D centers throughout the world. For example, Cairo-based Valeo engineers have developed various software enabling innovative technologies such as Valeo Park4U – automated parking, LED/Laser beam technologies and Stop-Start.