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Last updated : 24/04/2026 - 17h35
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Valeo Launches Key Factory in India to Equip Mahindra Electric Vehicles

On Saturday, March 28, Valeo inaugurated a new production line dedicated to electric powertrains in Pune, India. This facility is part of the group's 'Elevate 2028' strategic plan and follows Valeo's selection by Mahindra to equip its new 'Born Electric' platform.


Valeo Launches Key Factory in India to Equip Mahindra Electric Vehicles

Innovative Production Line

The new production line at the Pune factory manufactures 3-in-1 e-Axles that integrate the motor, inverter, and reducer into a compact and efficient system. Developed and manufactured in India, this e-Axle is used in the new models of Mahindra's Born Electric platform. The facility boasts advanced production capabilities to manufacture this system, which offers high efficiency, optimized performance, and enhanced reliability.

Strategic Importance of the Pune Facility

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Xavier Dupont, General Manager of Valeo's Power division, stated that India is among the key regions in the 'Elevate 2028' strategic plan. The localization of the 3-in-1 e-Axles production in Pune supports the group's commitment to deepen the localization of advanced technologies in India and to contribute to the country's transition towards safer and more sustainable mobility. Jayakumar G, President of Valeo India, described this inauguration as a significant milestone in Valeo's growth journey in India and in bringing advanced technological solutions closer to customers.



Sector Industrie · Automobile Pièces Automobiles


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Context

Period
  • Period: 2025
Key reported figures
  • Revenue: 20 903 millions d'euros
  • Revenue growth: -3,0 %
  • EBITDA: 3 082 millions d'euros
  • EBITDA margin: 14,7 %
  • Net income: 200 millions d'euros
  • Free cash flow: 756 millions d'euros
  • Net debt: 4 022 millions d'euros
  • Dividend per share: 0,44 €
Guidance from the release
  • 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.

The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.

Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.

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