- Business
- Forvia SE (Ticker: FAURY), formerly Faurecia SE, is a leading global automotive technology supplier headquartered in Nanterre, France, specializing in sustainable mobility solutions formed in 2022 through the merger of Faurecia (founded 1914) and HELLA (founded 1899). The company designs and manufactures a comprehensive portfolio of products and services across six business groups: Seating, offering complete seat structures, assemblies, and sustainable solutions for safety and comfort; Interiors, providing full instrument panels, door panels, center consoles, dashboards, acoustic modules, and premium sustainable materials with smart functionalities; Clean Mobility, delivering ultra-low and zero-emission technologies including exhaust systems, emission control, hydrogen drivetrains via Symbio (covering 75% of the value chain), energy storage, and distribution for passenger and commercial vehicles; Electronics, encompassing sensors, actuators, automated driving systems, cockpit electronics, body control modules, energy management (battery sensors, DC/DC converters, power distribution), displays, HMI, and software platforms; Lighting, producing high-end LED headlamps, rear lamps, signal lighting, interior lighting, and driver assistance-integrated solutions; and Lifecycle Solutions, supplying spare parts, wear parts, workshop equipment, diagnostics, and components for special vehicles like trucks, buses, agricultural, and construction machinery. Forvia operates over 249 industrial sites and 78 R&D centers worldwide, serving more than 80 automotive clients across Europe, the Americas, Asia (including China, Japan, India, Korea), and other regions, equipping one in two vehicles globally with a focus on electrification, automation, safety, and digital cockpits. Recent developments include the April 2024 acquisition of full ownership in Faurecia Aptoide Automotive, a joint venture since 2019, enhancing its automotive apps marketplace leadership with SaaS infotainment platforms featuring apps like Spotify, Amazon Music, Zoom, and NNG iGo EV navigation, targeting 20% market share by 2025; active participation in COVESA standards alliance since March 2024 for connected vehicles; and a November 2025 announcement to divest assets in its car interiors business as part of a debt-reduction and portfolio optimization strategy.