Faurecia, a global leader in automotive technology

On April 11, 2024, in Hefei (China), 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 mutual cooperation in the field of smart and sustainable cockpit.

MATERI’ACT, the sustainable materials subsidiary of the automotive supplier FORVIA, presents a concept car integrating instrument and door panels made with Ocean Bound Plastics (OBP). The pioneering concept car was exhibited for the first time during the FORVIA Sustainability Day in Paris at the end of March 2024.

This integrated report aims to give all stakeholders a better understanding of the company’s vision and strategy for profitable growth. FORVIA’s business model is focused on creating value for all its stakeholders, ensuring both financial and non-financial performance over the short and long term.