FORVIA and Gree Electric Appliances

FORVIA Group, the world's seventh largest automotive parts supplier, has reached a cooperation with Gree Electric to jointly develop low-carbon emission materials. The two parties will establish a joint venture in 2024 to focus on the production and sales of recycled plastics, with the goal of achieving sales of 150,000 tons of compounds by 2030. This cooperation aims to promote the green transformation of the automotive and related industries.