Forvia Hella wins 500m euro orders

Forvia Hella has secured orders for its EnergyCore solutions from two automakers in America and Europe. The combined volume of the deals reaches approximately 500 million euros.

Insights:
The logo of Forvia is seen on the company's building in Nanterre near Paris, France, October 16, 2024. REUTERS/Sarah Meyssonnier

Forvia Hella secured €500 million ($560 million) in orders for its EnergyCore solutions from two automakers based in America and Europe. The contracts mark a major commercial win for the automotive supplier based in France. The combined order volume falls in the mid-three-digit million-euro range, reinforcing demand for advanced vehicle electronics.

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