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FORVIA and BYD plan seat assembly plant in Thailand as export hub for APAC
FORVIA’s entry into Thailand’s market for its seating activities complements the Group’s existing presence in the country across its Interior, Electronics, and Clean Mobility businesses.
FORVIA, the world’s seventh largest supplier of automotive technologies, and Chinese electric vehicle manufacturer BYD are to begin construction of a new state-of-the-art seat-assembly plant in the Rayong province of Thailand. This new facility will produce complete seat sets under Shenzhen Faurecia Automotive Parts Co, a joint venture created by BYD and Faurecia in 2017, majority owned by FORVIA.
This strategic move strengthens the global technical partnership developed between FORVIA and BYD, propelling both companies further into the Asia-Pacific market. The collaboration has already yielded impressive results, with…
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