Valeo and FUCHS sign strategic partnership agreement to promote immersive cooling technology
On December 19th, Valeo and FUCHS Lubricants (China) Ltd. (hereinafter referred to as "FUCHS") signed a strategic cooperation agreement in Jingzhou Shashi, China, to establish a long-term and comprehensive strategic partnership, to develop efficient thermal management solutions for applications beyond automobile, such as immersive cooling systems for battery energy storage and data center in China.
FUCHS, as a global lubrication expert, has profound technical reserves, a perfect R&D system and a professional R&D team. Valeo is a global leader in thermal management solutions for the automotive industry and is continuously innovating to make mobility more sustainable, safer and smarter. Together, Valeo and FUCHS will work on products, thermal management systems and market applications in new areas, and carry out in-depth cooperation to provide high-quality technology, products and services for customers in the field of energy storage and data centers. The signing of this agreement further strengthens the leading position of both parties in the field of thermal management and brings more development opportunities. In the future, Valeo and FUCHS will realize complementary advantages and resource sharing, laying a solid foundation for innovative development and creating a broader development space together to meet the needs of the Chinese market.
Thierry Berger, Valeo Thermal System China Regional Operation Vice-President, Wang Jing, Thermal System China TPT Activity Director, Yang Qianhong, Thermal System China R&D Director, and Tang Yongmei, Thermal System China Sales Director, as well as Zhu Qingping, Chief Executive Officer of FUCHS China, Kris Van Gasse, Chief Technology Officer, Xie Xinjun, Vice President of Automotive Oil OEM Sales, and Yang Zhiyuan, Vice President of Marketing, attendance at the signing ceremony.
Zhu Qingping, CEO FUCHS China, said, "FUCHS is committed to providing customers in the energy storage industry with high-quality, high-performance immersive mode thermal management products and integrated solutions, and Valeo is an important strategic partner of FUCHS. In the future, FUCHS will continue to leverage its own strengths, and work together with Valeo to promote the development of industry innovation and provide more efficient and reliable products and technologies for the energy industry."
Dr. Matthias Ostertag, Head of Global Business Segment Automotive Components FUCHS SE, said: "This partnership marks the dawn of a new era where innovation, trust and shared vision come together. FUCHS and Valeo are both leaders in their respective fields. Our collaboration extends beyond mere technology, it is a commitment to sustainability. Today, the global marketplace is changing rapidly, and challenges emerge like shifting tides. It is at times like these that partnerships become indispensable. FUCHS and Valeo are ready to respond to these changes with agility and foresight. We believe that true success is achieved through collective endeavor and this partnership demonstrates our commitment to work together. "
Thierry Berger, Valeo Thermal System China Regional Operation Vice-President said, "Valeo is an industry leader in the field of thermal management with 100 years of professional experience and technologies. Through this cooperation, we will combine our respective strengths to provide safe and efficient thermal management solutions for customers in China's battery storage and data center sectors, and jointly promote the development of immersive cooling technology to create a more sustainable ecosystem for the future."
Pascale Herman, Product Marketing, Research and Innovation Director of Valeo Thermal System Business Group, said: "We are very excited to reach a strategic cooperation with FUCHS to jointly promote the application of immersion cooling technology in energy storage or data centers in China. We believe that by combining our expertise and technological advantages in thermal management and lubricants, we can develop more efficient and sustainable cooling solutions, bringing revolutionary changes to the fields of energy storage and data centers in China."