Autonomous driving systems validation remains one of the biggest challenges car manufacturers must tackle in order to provide safe driverless cars. The high complexity stems from several factors: the multiplicity of vehicles, embedded systems, use cases, and the very high required level of reliability for the driving system to be at least as safe as a human driver. In order to circumvent these issues, large scale simulations reproducing this huge variety of physical conditions are intensively used to test driverless cars. Therefore, the validation step produces a massive amount of data, including many time-indexed ones, to be processed. In this context, building a structure in the feature space is mandatory to interpret the various scenarios. In this work, we propose a new co-clustering approach adapted to high-dimensional time series analysis, that extends the standard model-based co-clustering. The FunCLBM model extends the recently proposed Functional Latent Block Model and allows to create a dependency structure between row and column clusters. This structured partition acts as a feature selection method, that provides several clustering views of a dataset, while discriminating irrelevant features. In this workflow, times series are projected onto a common interpolated low-dimensional frequency space, which allows to optimize the projection basis. In addition, FunCLBM refines the definition of each latent block by performing block-wise dimension reduction and feature selection. We propose a SEM-Gibbs algorithm to infer this model, as well as a dedicated criterion to select the optimal nested partition. Experiments on both simulated and real-case Renault datasets shows the effectiveness of the proposed tools and the adequacy to our use case.