Forvia ex Faurecia : and Chery join forces for smart cockpit development
September 27, 2023 at 05:44 am
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09.26.2023
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Cockpit of the Future
FORVIA and Chery join forces for smart cockpit development
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On September 11th, FORVIA, the world's 7th-largest automotive technology supplier, and CHERY, the world-renowned large-scale automobile manufacturing enterprise, signed a strategic cooperation agreement in presence of Patrick Koller, CEO of FORVIA; Ma Chuan, China Deputy Executive Vice-President; Yin Tongyue, Chairman of CHERY and Qi Shilong, Deputy General Manager at CHERY among other guests. Based on the strong business synergy and solid cooperation foundation, both parties will establish a long-term strategic partnership and further deepen all-round cooperation, especially in the field of smart cockpits.
The automotive industry is currently experiencing a technological revolution, and smart cockpit demand is increasing. To stay ahead in this highly competitive market, FORVIA and CHERY will strengthen the joint design and development of smart cockpit overall solutions equipping and conduct in-depth cooperation.
Both parties will jointly develop a smart cockpit software and a hardware platform integrating FORVIA's products and technologies. It will be integrated in CHERY vehicles, to create an in-vehicle and out-vehicle systematic, integrative, and intelligent brand-new user experience. In addition to deepening business cooperation, both companies will establish 'dual-carbon' and ESG goals, jointly promoting green and sustainable development.
As a global automotive technology leader, FORVIA is one of the few suppliers mastering an extensive range of solutions from materials, comfort, advanced technologies for customization and intuitive interactions, to zero emission and new modular business models and can bring this together in the vehicle. With the combined strengths of its six business groups, FORVIA will be able to create a versatile "Third Place" - a third living space besides one's living room and office as showcased through its cabin centerpiece Lumières - with a wide range of products for global automakers, shaping safe, advanced, customized, and sustainable mobility experiences.
Constantly pursuing technological innovation, CHERY is dedicated to providing high-quality automobile products and service experiences to global customers. Implementing the user-oriented strategy, CHERY has always adhered to a technology-driven approach, focused on developing domestic and international markets, and deepened globalization to create a vehicle brand with global competitiveness and influence.
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China is a cornerstone of FORVIA's global presence, boasts nearly 30,000 employees across 95 sites in 30 cities. It's a technological stronghold, a hub of innovation in electric mobility," declared Patrick Koller, CEO of FORVIA. "Our 30-year journey in China embodies proximity, understanding, and adaptability to local needs. FORVIA's sustainable, connected, and personalized vision aligns with the dynamic Chinese market. We're eager to deepen our collaboration with CHERY, a key partner, as we drive innovation and progress together.
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Patrick Koller
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Directeur général de FORVIA
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YIN Tongyue, Chairman of CHERY, declared: "We are pleased to deepen the strategic cooperation with FORVIA. Intelligent cockpit is the future development focus of CHERY, while FORVIA has solid technologies and innovative capabilities in this field. Thanks to the synergy and complementarity of both parties, we will jointly provide more intelligent and better mobility experiences."
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Yin Tongyue
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Président de CHERY
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This will further empower the automotive industry's intelligent transformation, bringing competitive technology and positive influence to the market.
Forvia SE published this content on 26 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 September 2023 09:43:09 UTC.
FORVIA SE is one of the world leaders in designing, manufacturing, and marketing automotive equipment. Net sales break down by product family as follows:
- seats (31.4%; No. 1 worldwide);
- interior car parts (18.1%; 1 worldwide): dashboards and instrument panels (No. 1 worldwide), doors and door panels, and acoustic modules;
- exhaust systems (17.7%; No. 1 worldwide);
- audiovisual and multimedia equipment (15.2%): car radios, multimedia devices, navigation systems, automatic guiding systems, location systems, safety assistance systems with CDD captor cameras, wireless communication, monitors, etc.;
- lighting equipment (13.7%);
- other (3.9%).
At the end of 2023, the group had more than 290 production sites worldwide.
Net sales are distributed geographically as follows: France (6.2%), Germany (10.9%), Europe/Middle East/Africa (29.3%), Asia (27.1%) and America (26.5%).