Lippstadt, 25 July 2023.
FORVIA, the world's seventh largest automotive technology supplier, combining the innovation competences of Faurecia and HELLA, will present its technology portfolio in three strategic growth areas at the IAA Mobility 2023 in Munich: electrification and energy management, safe and automated driving and digital and sustainable cockpit experiences. Today, every second vehicle worldwide is equipped with FORVIA technologies. In 2022, the Group generated sales of € 25.5 billion and employs 157,000 employees across the globe.
Patrick Koller, CEO of FORVIA:
"At IAA Mobility, we are presenting our solutions along our three major strategic growth drivers. We expect double-digit annual market growth in each of these areas until 2025. We are therefore presenting our contribution to advanced, sustainable mobility of the future. European OEMs in particular are facing a huge challenge in the global race to transform mobility. With our excellent development and engineering expertise, FORVIA is an enabler to help them tackle this task.”
Michel Favre, CEO of HELLA:
"Following our highly acclaimed appearances at CES in Las Vegas and the Shanghai Auto Show, we are pleased to also showcase our technology portfolio at the most important automotive trade fair in Europe. Although we are a global player, both HELLA and Faurecia have their roots in Europe. Many of our largest and most important customers are based here. In this respect, our presence at the IAA Mobility is of very high importance for us.”
A bold leader in sustainable mobility
With its solutions, FORVIA underlines its commitment to reach net zero CO2 emissions by 2045. The Group uses its extensive know-how to create safe, advanced, individual and sustainable mobility experiences. At IAA, FORVIA is focusing on selected highlight exhibits that give visitors an insight into its portfolio of key Automotive technologies in electrification, connectivity and sustainability: The Cabin Centerpiece Lumières includes technologies from the areas of seats, electronics, interiors, lighting, HMI and displays that make a decisive contribution to CO2 reduction in the cockpit.
As a solution provider for all types of powertrains, FORVIA's Zero Emission Powertrain is part of our strategic pillar Electrification and Energy Management will demonstrate how its fuel cell systems, HELLA’s high-voltage EV components and scalable zone architecture fit into a single chassis. In the Safe and Automated Driving exhibit, visitors will experience how key technologies in the cockpit promote confidence in automated driving: best-in-class sensors, perceptive software, data fusion, and fail-safe by-wire technology for steering and braking.
Digital and sustainable cockpit experiences: Sustainable interior materials made from natural fibers such as hemp or pineapple leaves, or from recycled materials, developed by FORVIA’s new division, MATERI’ACT, will also be on show at the booth, and are expected to achieve a CO2 reduction of up to 85 percent.
FORVIA in Germany
As a global player with European roots, FORVIA is also strongly represented in Germany: Every day, more than 15,000 employees at over 40 German locations use their expertise and innovative strength to the benefit of the Group’s global customer portfolio. Over decades, FORVIA has built up solid relationships with all major European car manufacturers to support them in their transformation approaches. As of 2022, the region Europe, Middle East and Africa (EMEA) represents 45 percent of FORVIA's annual sales. In addition, FORVIA works closely with an ecosystem of universities, research institutes and start-ups to drive R&D in the region.
FORVIA at IAA Mobility 2023
Meet us from 4 to 8 September 2023 at the Summit in Hall A2 / Booth C40.
FORVIA will offer various media and discussion formats on 4 September 2023, including moderated tours of the FORVIA stand followed by a Q&A session with Patrick Koller, CEO of FORVIA & Michel Favre, CEO of HELLA. If you are interested in participating, please feel free to contact the persons mentioned in this press release.