FORVIA and CHERY sign joint venture agreement on smart and sustainable cockpit

FORVIA, the world’s seventh-largest automotive technology supplier, announced that it has signed a Joint Venture Agreement with CHERY, a leading Chinese automaker, to deepen cooperation in the field of smart and sustainable cockpit.

FORVIA and CHERY will establish a “Cockpit of the Future” Joint Venture Company in Wuhu, China. This Joint Venture targets to design, develop, manufacture, and supply the full cabin scope related systems and modules including seats, interiors and cockpit electronics with low CO2 emission materials and processes.

It is the first Joint Venture of that kind in China and will be consolidated by FORVIA with a sales ambition of one billion Euro by 2029.

It will include an R&D center dedicated to industrial design and cockpit integration capabilities, enabling both FORVIA and CHERY to offer disruptive, sustainable and competitive consumer experience.