Valeo announces 2 new major contracts for its third-generation LiDAR

Valeo, the global leader in ADAS, is proud to announce that its SCALA 3 LiDAR has been chosen by a leading Asian manufacturer and a leading American robotaxi company. Valeo has now registered orders worth more than 1 billion euros for SCALA 3. Valeo SCALA 1 and 2 made conditional autonomous driving in traffic jams a reality. SCALA 3 dramatically increases the domain of operation – and therefore the customer value – of private vehicles thanks to a wider scope of use and higher speed support. Valeo is also positioned as a leader in robotaxis equipment as SCALA 3 enables our clients to make robotaxis a reality at scale, using a proven, best-in-class technology in mass production. Valeo was the first, and remains the leading company in the production of automotive LiDAR sensors and perception software on an industrial scale. Our clients recognize our ability to deliver on our ambitions. Marc Vrecko, President of Valeo’s Comfort and Driving Assistance Business Group said: “With over 10 years of experience in development and 5 years of production, Valeo’s LiDAR technology is proven to be reliable and protected by more than 575 patents filed. These new orders show that our technology meets the expectations of different markets, being individual cars or robotaxis. But it also confirms our world leader position in the domain with clients in Europe, Asia and North America. We ...