French industry componsents manufacturer Valeo has opened entries for its global Innovation Challenge student competition. The goal is to design equipment that will make cars more intelligent and intuitive.
The 20 shortlisted teams will then be asked to create a model of their project.
Each team will be given €5,000 to put their idea into practice and build a functioning demonstrator. The three finalist teams will present their projects to thea jury of 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.
With close to 9,000 researchers in 20 research centers and 35 development centers around the world, Valeo has developed an array of innovative products and technologies that represent more than 30% of its order intake.
The Group plans to hire some 1,000 engineers and technicians a year over the next three year.
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