FORVIA and BYD to build new seat assembly plant in Thailand

FORVIA, the world’s 7th largest supplier of automotive technologies, and Chinese electric vehicle manufacturer BYD will construct a new seat-assembly plant in the Rayong province of Thailand.

According to FORVIA, this strategic leap strengthens the global technical partnership developed with BYD, propelling both companies further into the Asia-Pacific market.

The collaboration has already yielded impressive results, with seven cutting-edge factories established in China, including four within the past 18 months.

The new facility will produce complete seat sets under Shenzhen Faurecia Automotive Parts Co., Ltd, a joint venture created by BYD and Faurecia in 2017, majority owned by FORVIA.

FORVIA and BYD will construct a new seat-assembly plant in Thailand.

FORVIA’s entry into Thailand’s market for its Seating activities marks a powerful milestone, complementing the Group’s existing industrial presence in the country across its Interior, Electronics, and Clean Mobility businesses.

“The common decision to build our new plant in Thailand was bolstered by the robust logistics and export infrastructure available in the country, as well as by our long-standing industrial presence in the country, and is in line with FORVIA’s strategy of establishing a balanced portfolio in terms of customers, technologies and geography,” says Patrick Koller, CEO of FORVIA.

“Thailand will serve as our export hub for the Asia-Pacific region, a crucial growth engine for our successful future,” says Frank Huber, Executive Vice President of Seating.

By 2025, it is estimated that Asia (excluding India) will account for 50% of global vehicle production.