BMW Group has tapped Valeo to provide the advanced driver assistance system for the automaker’s new electric vehicle platform due to launch in 2025.
The deal, a significant win for Valeo, also holds importance for BMW. The automaker is aiming to capture a 50% market share of global EV sales by the end of the decade and sees its new EV platform, called Neue Klasse, as the key to reaching that target. The partnership also gives a bit more insight into BMW’s changing strategy around EVs.
Valeo will provide the sensors and software for parking and maneuvering BMW’s next generation of E
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