Automotive supplier Valeo is inviting engineering students to take part in the global Valeo Innovation Challenge. The goal is to design equipment that, between now and 2030, will make the car more intelligent and intuitive.
Automotive component supplier Valeo is launching possibly the richest student competition in the world, with a €100,000 prize for the winning team.
For the initial selection rounds, engineering students are invited to develop bold, revolutionary solutions for the society of tomorrow and, as a team, submit a project in English. Twenty shortlisted teams will then be asked to create a model in the format of their choice (physical mock-up, application or other) and each team will be given €5,000 to put their idea into practice and build a functioning demonstrator. The three teams selected for the finals will present their projects to the Challenge jury of Valeo experts and external partners, chaired by Valeo CEO Jacques Aschenbroich, at the 2014 Paris Motor Show. The winning team will take home a €100,000 prize. further information is available at valeoinnovationchallenge.valeo.com
Most of Valeo’s research and development programs are focused on the design of technologies that reduce vehicle CO2 emissions. The company ranks among the leading patent filers in France and dedicates nearly 10% of its original equipment sales to innovation. The company employs nearly 9,000 researchers and has 20 research and 35 development centres around the world. The Group plans to hire some 1,000 engineers and technicians a year over the next three years, including 400 in France.