Gasgoo Munich- Valeo and CORNEX have officially signed a strategic partnership agreement in Wuhan, marking a deep dive into key new-energy vehicle sectors. The collaboration will span intelligent headlights, powertrains, and thermal management systems, alongside smart technologies such as sensors, domain controllers, and perception fusion.
Image source: Valeo
CORNEX is backed by its parent, CORNEX NEW ENERGY—a major player in China's power and energy storage battery sector with one of the country's largest effective production capacities. Leveraging its parent's lithium battery R&D and manufacturing prowess, and tapping the vast supply chain and retail networks of Hengxin Automotive Group, a top national dealer, CORNEX aims to create a synergistic "automotive plus energy" innovation ecosystem.
As a high-tech mobility player with over a century of history, Valeo holds a leading edge in electrification, advanced driving assistance systems (ADAS), intelligent lighting, and software-defined vehicles. Organized into four divisions—Smart Systems, Powertrain Systems, Visibility Systems, and Aftermarket—the company is dedicated to delivering future mobility solutions that are safer, more sustainable, and more cost-effective.
Driven by strong industry synergy and complementary strengths, the two parties agreed to leverage their respective advantages in resources, qualifications, branding, and technology. By expanding their collaboration and building a partnership rooted in strategic trust, they aim to achieve long-term, mutual growth.
"This partnership represents a powerful convergence of Valeo's technical prowess and CORNEX's emerging industrial ecosystem," said Zhou Song, President of Valeo China.
