# FORVIA and Chery form joint venture for smart and sustainable cockpit

FORVIA and CHERY signed a joint venture agreement to establish a 'Cockpit of the Future' company in Wuhu, China, to design, develop, manufacture and supply full cabin systems including seats, interiors and cockpit electronics, with a sales ambition of €1 billion by 2029.

- Type: Acquisition
- Announced: 2024-04-11
- Where: Wuhu, Hefei, China
- Status: announced
- Products: seats, interiors, cockpit electronics
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Chery](https://endata.com/companies/44265.md) (partner)
- [FORVIA](https://endata.com/companies/66110.md) (partner)

## Sources

- [forvia.com](https://www.forvia.com/en/press/chery-and-forvia-deepen-strategic-partnership-first-joint-venture-smart-and-sustainable), 2024-04-12: "The automotive industry is currently experiencing a technological revolution and smart sustainable cockpit demand is increasing."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.