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Valeo swallows Norwegian electromobility company

Valeo swallows Norwegian electromobility company

Business news |
By eeNews Europe



With the move, Valeo intends to accelerate and expand the development of its offer for hybrid and electric vehicles by adding Eltek Electric Vehicles’ on-board chargers. The acquisition rounds Valeo’s offer in power electronics by adding high efficiency conversion solutions to the ongoing development of high efficiency inverters with several top OEMs, the French supplier said.

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