Following Plastic Omnium, it is now Forvia’s turn to announce a contract with a major car manufacturer for the American market. Forvia will supply Type IV hydrogen storage systems for medium-duty commercial trucks. Production is due to start in 2025.
Commenting on the announcement, Patrick Koller, CEO of Forvia, said that the group was “Today marks a significant milestone for FORVIA as we secure a major automotive contract in North America, solidifying our global leading position in hydrogen storage systems”. At this stage, Forvia does not specify the name of its customer. It simply states that, with more than 60 sites spread across the Americas region, it has a strong footprint in this region which accounted for 28% of the Group’s sales in 2022.
Forvia: a global player beyond North America
“With existing serial production in Europe, China and Korea, FORVIA now boasts an unrivaled global presence. This further demonstrates the trust placed in us by our customers.” continues Patrick Koller. Forvia is an expert in hydrogen storage, with Type IV tanks made of carbon fibre reinforced with a plastic coating. Its solution improves range by 15% and reduces weight by 30%.
The hydrogen sector expanded strongly in the first half of 2023, and this trend is set to continue in 2024, concludes the equipment manufacturer.
Do you want to find out more about Forvia? Then our 2 latest articles about the group should be of interest to you. You can read them here and there.
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Article written by Laurent Meillaud and translated by Logan King
