Forvia further invests in Changzhou National High-tech Zone
Changzhou National High-Tech Zone and French auto parts giant Forvia held a signing ceremony, kicking off the two sides’ in-depth cooperation in the field of new energy vehicles.
Following the arrival of two major electric vehicle manufacturers, Li Auto and BYD, a group of companies upstream and downstream of the industrial chain have set up in Changzhou, Jiangsu province of China, accelerating the development of new energy industry in the city. As the core industrial cluster zone, Changzhou National High-Tech Zone claims that in 2023, the size of its new energy and auto parts industries has exceeded 110 billion yuan (US$15.2) , following a year-on-year increase of 23.9%, becoming the first in the region.
In recent years, Changzhou National High-Tech Zone has attracted a number of high-quality French companies, including Fortune 500 companies such as Saint-Gobain Group.
With the support of Changzhou National High-tech Zone’s “chain development” policy and superior business environment, Forvia has decided to continue to increase investment in the High-tech Zone, injecting new vitality into the long-term cooperation between the group and the High-tech Zone.
Changzhou Faurecia Automotive Parts Co., Ltd. was established in February 2022. The company mainly focuses on technology research and development and is committed to creating the “future cockpit” to provide a safe, intelligent and comfortable in-car experience. In addition to having a complete line of car seats, it also has the ability to assemble and integrate the entire car seat, thus occupying a leading position in the industry in terms of technology.
Cover photo: Changzhou National High Tech Zone
