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Valeo CEO says faster development is reshaping automotive tech race
Original: Valeo CEO: Faster development reshapes the race to bring automotive technology to market
Valeo's chief executive says the pace of development is reshaping how automotive technology reaches the market, with suppliers under pressure to shorten development cycles to stay competitive. The comments come as the industry races to deliver new electrical, software and driver-assistance technologies faster than traditional automotive timelines allowed.
Why now: Automakers and suppliers are competing to shorten development cycles as new vehicle technologies emerge rapidly.
Evidence
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