Valeo Launches High Voltage Lines in Étaples, 50 New Hires Expected by 2025
On Friday, Valeo inaugurated new high voltage production lines at its Étaples site, in the presence of the Junior Minister for Industry, Sébastien Martin. This marks a significant step in transforming the site into a strategic pillar of 'Made in France' electrification.
The Étaples site is now a French center of excellence for the assembly of high voltage inverters, critical components of electric drive trains. This transformation is part of the 'High Voltage 2025' industrial project, through which Valeo is investing in inverter production. Having previously dominated the market for 12 and 48V electric machines with 8.3 million units produced annually, the site with 1,200 employees demonstrates its ability to manufacture the most advanced technologies in the sector. The state-of-the-art industrial facility is supported by a team of 180 R&D experts directly integrated into the site, ensuring a direct link between innovation and production.
Initial Contracts Secured, Production Starts in 2026
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The site has secured initial contracts, with production set to start in 2026 for commercial and private electric vehicles beginning in 2027. This success is based on national industrial synergy: Étaples assembles the inverters and their switching cells by integrating sub-components from Valeo's sites in Sainte-Florine and Sablé-sur-Sarthe. A plan for 50 new hires in 2025 strengthens local expertise, ensuring a successful transition to electrification while sustaining the industrial activity of the region.
Nous avons poursuivi l'amélioration de notre rentabilité et nous avons concrétisé le tournant attendu en matière de génération de cash, atteignant un niveau record de cash issu des opérations.
Le communiqué souligne une bonne dynamique commerciale et une amélioration continue de la rentabilité et de la génération de cash, avec des prises de commandes en hausse et des objectifs financiers pour 2026.
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