<h4 class="p1"><span class="s1"><b>VALEO, </b></span><span class="s1"><b>Our Technology Partner</b></span></h4>
<p class="p1"><span class="s1">VALEO and NAVYA became partners in October 2016. Their collaboration is centered around having access to the VALEO Group's technology and materials in order to integrate them into autonomous shuttles and optimize sensor data analysis, essential to intelligent mobility. </span></p>
<p class="p1"><span class="s1">In October 2016, VALEO also became one of NAVYA's major shareholders. </span></p>

<h4 class="p1"><span class="s1"><b>About VALEO</b></span></h4>
<p class="p1"><span class="s1">VALEO is an automotive supplier who works with all car manufacturers around the world. As a technology company, VALEO offers innovative systems and equipment to reduce CO</span><span class="s2"><sub>2</sub></span><span class="s1"> emissions and develop intuitive driving. In 2015, the company reported €14.5 billion in sales and dedicated 10% of its budget to R&amp;D.</span></p>