Valeo Innovation Challenge 2015: Just two months to go!

Paris, December 2, 2014 – Engineering students around the world have just two months left to take part in the global Valeo Innovation Challenge. Projects must be submitted to the contest’s dedicated website by February 2, 2015.

Participants can sign up now at the Valeo Innovation Challenge website. Click here.

Just over a month ago, Valeo presented a €100,000 check to the winning team of the first Valeo Innovation Challenge. The second edition of the worldwide contest was announced at the end of the presentation ceremony.

Contest participants are asked to develop bold, revolutionary solutions to design equipment that, between now and 2030, will make cars more intelligent and intuitive.

To date, more than 113 teams from 33 countries have signed up for the second Valeo Innovation Challenge.

Students have until February 2, 2015 to submit their projects to the contest’s dedicated website. The 20 teams shortlisted by Valeo for outstanding creativity, boldness and originality will be granted €5,000 to create a functioning prototype. The six teams that submit the most innovative projects will be chosen on September 1, 2015 to present their project to a jury chaired by Jacques Aschenbroich, Valeo Chief Executive Officer, and comprised of members of the Group’s senior management team, as well as eminent figures from the worlds of science and design. The jury will designate the winning team, which will receive €100,000, with the second and third-place teams each receiving €10,000.

With this second Innovation Challenge, Valeo is demonstrating once again that innovation and R&D are top priorities for the Group. Indeed, innovation guides the teams who are working each day to invent the automobiles of tomorrow.

For more information, go to: https://valeoinnovationchallenge.valeo.com/

Most of Valeo’s research and development programs are focused on the design of technologies that reduce motor vehicle carbon emissions and promote intuitive driving. The company ranks among the leading patent filers in France and dedicates 10% of its original-equipment revenue to innovation. With close to 10,000 researchers in 16 research centers and 34 development centers around the world, Valeo has developed a wide array of innovative products and technologies that represent more than 30% of orders.

Valeo was also awarded the Top Employers label in 18 countries for 2014.