French supplier Faurecia signs strategic collaboration with Chinese automaker FAW Group12. July 2018
France-based automotive supplier Faurecia and one of the leading Chinese automakers, the FAW Group, signed a strategic cooperation agreement on 11 June 2018. Faurecia’s goal in this step is to expand its presence in the Chinese market and intensify its collaboration with local Chinese automakers and suppliers. The core of the collaboration will be the development of a so-called “cockpit of the future” as well as clean and sustainable mobility solutions. Faurecia is one of the world leaders in both areas.
The concept of the cockpit of the future was unveiled at the beginning of 2018 at CES in Las Vegas and features a driver-specific dashboard, novel speaker systems, more comfortable seats, personalized vehicle settings and an app that helps the driver save fuel and indicates the shortest way to free parking spots. In the area of sustainable mobility solutions, Faurecia has created a new business area. Since acquiring EMCON Technologies in February 2010, Faurecia has been the global market leader in exhaust systems and emissions control.
The FAW Group expects the cooperation to improve the quality of its luxury brand Hongqi (red flag). In particular, benefit from Faurecia’s expertise to redesign and enhance the interior design and seats. FAW is one of the big four Chinese automakers and produced 3 million vehicles in the past year 2017. Beside SAIC, the FAW Group is one of the joint venture companies of Volkswagen and Audi. In addition, FAW has numerous other cooperation’s with, among others, Toyota, Daihatsu and General Motors.
Interior products such as cockpits need a CCC certification for the Chinese market.
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