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Valeo’s US Plant Deepens Role In GM Software Defined Vehicles
Valeo (ENXTPA:FR) is investing $225 million in a new manufacturing facility in Texas.
The plant will produce central compute units for General Motors' software-defined vehicles.
The project supports one of the largest orders in Valeo's history and expands its US footprint.
For investors watching the auto technology space, this move places Valeo more firmly among the suppliers building the electronics behind software-defined vehicles. The Texas facility connects directly to Valeo's existing...