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Valeo SE designs, produces, and sells components, systems, and services for automakers. It operates through four segments: Powertrain Systems; Thermal Systems; Comfort and Driving Assistance Systems; and Visibility Systems. The Powertrain Systems segment offers conventional clutch systems for manual transmission vehicles; direct-drive starters for low voltage hybrid and electric vehicles; belt starters/alternators for internal-combustion and hybrid/electric vehicles; dual-mass flywheels, friction plates, counter-rotating assemblies, oil pumps, electromagnetic actuators, crank position sensors, camshaft sensors, and knock sensors; engine management systems that include combustion pressure sensors and fuel injection systems for passenger cars and commercial vehicles. The company was founded in 1923.