Paris, October 26, 2017
Jacques Aschenbroich, Chairman and Chief Executive Officer of Valeo and Chairman of the Valeo Innovation Challenge jury, today revealed the winning teams of the 2017 contest at a ceremony at the Maison de la Recherche in Paris.
The big winners of the fourth annual Challenge were the teams CLEY from University of San Luis Potosí (Mexico) and FUTUCITY from the Jan Matejko Academy of Fine Arts (Poland), which took top honors, respectively, in the “technological innovation” and “ideas for new ways to use cars” categories.
CLEY was awarded the grand prize of 100,000 euros in the “technological innovation” category for their system that activates during vehicle braking phases to create hydrogen, which can be blended with gasoline to improve the engine’s combustion efficiency. The team has also been offered the chance to join a Valeo-partnered start-up accelerator to help develop their concept.
In the “ideas for new ways to use cars” category, FUTUCITY received the grand prize of 100,000 euros for their project of autonomous vehicle that serves as a means of transportation, goods delivery and a sleeping capsule all in one. At night, the parking spaces transform into accommodation sites and the vehicles become sleep capsules on demand.
Joining these two teams on the podium were SPMIP from the Warsaw University of Technology (Poland) and Ours Mobility from EDHEC Business School (France), which each won a second-place prize of 10,000 euros in the “technological innovation” and “ideas for new ways to use cars” categories, respectively.
SPMIP’s project involved a system designed to analyze the condition of the road and detect ice invisible to the naked eye, then provide real-time alerts to enable the driver to safely adapt his or her driving style accordingly. Ours Mobility’s project consisted in a free application that harnesses big data to find the easiest, most economical and environmentally-friendly solution for parking and recharging vehicles.
During the grand final, the seven finalist teams (see list below) were asked to present their projects to the Valeo Innovation Challenge jury, which was made up of members of the Group’s Management team as well as eminent scientists and business leaders (see jury members below).
Enthusiasm for the Valeo Innovation Challenge was stronger than ever in the contest’s fourth year, with participation at a record high. Nearly 5,000 students from around the world and 1,628 teams from 80 countries and 748 universities and schools signed up to compete.
“With the Valeo Innovation Challenge, Valeo aims to give students from around the world the opportunity to play an active role in automotive innovation by imagining tomorrow’s technologies and new ways of using cars,” said Jacques Aschenbroich who, while closing the fourth Valeo Innovation Challenge, took advantage of the occasion to kick off the fifth annual contest.
Illustration Photo: Autonomous vehicle (credits: Marco Verch / Flickr Creative Commons Attribution 2.0 Generic (CC BY 2.0))