FORVIA

FORVIA

Motor Vehicle Manufacturing

Inspiring Mobility

About us

FORVIA comprises the complementary technology and industrial strengths of Faurecia and HELLA. With over 300 industrial sites and 77 R&D centers, 150,000 people, including more than 35,000 engineers across 40+ countries, FORVIA provides a unique and comprehensive approach to the automotive challenges of today and tomorrow. Composed of 6 business groups with 24 product lines, and a strong IP portfolio of over 15,000 patents, FORVIA is focused on becoming the preferred innovation and integration partner for OEMS worldwide. FORVIA aims to be a change maker committed to foreseeing and making the mobility transformation happen.

Website
http://www.forvia.com
Industry
Motor Vehicle Manufacturing
Company size
10,001+ employees
Type
Public Company

Employees at FORVIA

Updates

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    Today, millions will be tuning in to watch the opening ceremony in Paris! 🔥Here at FORVIA, we’re celebrating our world-class athletes too. Recently, teams around the globe participated in various challenges, and we proudly supported them! Here’s a selection: 🚴 The Meet Me Halfway cycling challenge made a triumphant return! FORVIA Faurecia teams in Poland and their FORVIA HELLA colleagues in met in Berlin. What better way to build strong connections? ⌚️ 20 hours, 10 minutes, and 14 seconds. That’s all it took for the Nagykata plant teams in Hungary to conquer the 211-kilometer Ultrabalaton race. We can hardly believe it 🤯 🏃 Meanwhile, MATERI'ACT teams ran the Run for the Planet race, blending sport and awareness. This event highlights ecological, social, and ethical challenges while raising funds for committed organizations. 🎾 Earlier this year in China, teams competed in a table tennis and badminton tournament. Have we missed any major FORVIA sporting events? Let us know! Go FORVIA!

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    🔴 FORVIA 2024 Half-Year Results ➡️ Improved year-on-year performance ➡️ Confirmed FY 2024 guidance with sales and operating margin now expected in the lower end of the range ➡️ Confirmed POWER25 deleveraging target. All our key financial metrics show steady progress and confirm continuous improvements in the performances of our Group. Thank you to all FORVIANs for their work and commitment.

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    🔴 Building on our successful collaboration in Asia, FORVIA and BYD will now operate together in Hungary! We will spearhead the launch of BYD’s first footprint in the region, which should drive further innovation and growth in the European market. We’re proud to support our customers’ international expansion thanks to our knowledge of the major international markets and end users’ expectations! Stay tuned! Press release here: https://ow.ly/RfZH50SI75Z

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    🔴 We have received new ESG ratings from Sustainalytics, MSCI and Moodys Vigeo! The significantly improved scores demonstrate our commitment to reducing our environmental and social impact and promoting corporate governance best practices: ➡️Sustainalytics granted FORVIA a rating of 9.3, representing a shift to the “Negligible Risk” category compared with the previous rating (low risk). ➡️Moodys Vigeo granted FORVIA a rating of 65/100, representing a 3-point improvement over the previous rating. ➡️In addition, MSCI has maintained the A rating already assigned to FORVIA in 2023. Since 2019, we have been rolling out numerous initiatives, such as: ➡️ the use of renewable energies, ➡️ the design of “Designed for Scope 3” products, ➡️ and the establishment of MATERI'ACT, our subsidiary dedicated to low-carbon footprint materials. Find out more here: https://ow.ly/9T8U50SH78U

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    🔥 Introducing a new headlamp concept for the Q6 e-tron in collaboration with AUDI AG 🔥 FORVIA HELLA and the German premium manufacturer have worked on this concept with a major innovation: The digital daytime running light matrix allows drivers to choose their preferred digital lighting. With up to eight preset designs ➡️ the appearance of the Matrix LED headlamps can be highly personalized. We’re proud to develop technologies that empower car users to shape the appearance of their vehicle’s front!

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    🔴 We just opened a seat assembly plant in Thailand with BYD! The launch of production – in just one month from now! – is a major milestone for us: ✅ Deepening our global technical partnership with the Chinese automaker BYD, initiated in 2017 and based on a shared vision for the decarbonization of the automotive industry. ✅ Complementing our existing industrial presence in Thailand across our Interiors, Electronics, and Clean Mobility Businesses. ✅ Strengthening our presence in the Asia-Pacific region – in line with FORVIA’s West to East strategy of benefiting from Asian growth. In this plant, complete seats for BYD’s electrical and hybrid vehicle fleet – including the ATTO 3 and Song Plus – will be assembled.

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    In the Bourgogne-Franche-Comté region of France, we’re gearing up to accelerate hydrogen tank production! ⚡️ Our sites are scaling up with the installation of new machinery: At Allenjoie, the 1st mass production plant for hydrogen storage tanks for mobility applications in Europe, upgrade works are in full swing! The next generation machines constitute a new high-capacity line that will enhance our manufacturing process. 👉👉 maximized winding time, same quality level, more flexibility. The products from this almost entirely automated process will equip vehicles starting in 2025. Coming 🔜 fully automatic lines for mass production! Meanwhile, a few kilometers away at the Bavans R&D center, teams are preparing to set up new test equipment for XL tanks. These tanks are designed for heavy mobility applications. Many thanks to our local and international private and public partners for their support. We too believe that hydrogen will play a key role in tomorrow's mobility!

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    Today is Artificial Intelligence Appreciation Day! In the automotive industry too, AI is becoming a game changer for various applications. At FORVIA, we have identified over 250 use cases for generative AI. But what can AI concretely bring to us? ➡️ It will help us expand our portfolio of products. Take for example car access applications, autonomous parking, or other driver assistance and safety features. ➡️ It will significantly boost our R&D efforts. Our software developers are using AI-tools like GitHub Copilot to assist in programming. ✅ Saves time ✅ Lets them focus on value creation instead The biggest challenge? The possibilities are endless, but we need to prioritize high-impact AI use cases. What’s the biggest change AI has already brought to your job? #FORVIA #ArtificialIntelligence #GenAI #AI https://lnkd.in/eHGrvJZE

    AI: a game changer in mobility

    AI: a game changer in mobility

    forvia.com

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    Our Apps Market was under the spotlight at Droidcon Berlin, the largest developer community event in the world! On this occasion, we launched the Faurecia Aptoide App Challenge ⚡️ In partnership with BMW Group and droidcon , Faurecia Aptoide Automotive is challenging app developers from around the world to create the next top Android Automotive application! As the leading automotive Apps Market company, we believe that the future of automotive technology lies in seamless integration and smart applications. That’s why we are supporting innovation and collaborating with the best creative minds, as car manufacturer’s interest in in-car connectivity keeps increasing. The App Challenge rewards innovation, user experience and technical feasibility. 🏆 The 3 winners will have their app integrated into the FAA catalog, with a launch on BMW vehicles. 📅 Signing up started on July 3rd and will end on October 27th.

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    Meet the new front of your future vehicle. Because electric vehicles eliminate the need for classic engine cooling. Instead, our Front Phygital Shield offers new flexible design possibilities to suit diverse styling preferences, allowing brand personalization. But it’s more than just design. The shield integrates inbuilt high-performing light and sensors functions, along with lighting systems. Which brings safety functions like protecting parking assistants and automatic distance control systems. Bad weather won’t hinder performance, since an integrated heating system within the FPS secures sensor functionality, ensuring reliable performance. Plus, it can also interact with you by displaying charging status and other personalized information! #FORVIA #automateddriving #autonomousdriving

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Funding

FORVIA 1 total round

Last Round

Post IPO debt

US$ 214.0M

See more info on crunchbase