Faurecia S.E. (EO.PA) is a French multinational corporation that is one of the largest international automotive parts manufacturers in the world. It was founded in 1997 and is headquartered in Nanterre, France, but operates in well over 35 countries around the world and is a major player in the global secular shift to electric vehicles. Faurecia mainly works on the interior of vehicles, designing and manufacturing parts like seats, console panels, and dashboards, but also produces exhaust systems. In fact, Faurecia is the global leader in emissions control technology, which of course is why it is such an important part of the new energy vehicle movement for the future. Learn more
Faurecia Stock Analysis: Faurecia has an A+ lineup of customers already in its portfolio which includes some of the global leaders in the electric vehicle revolution. Being based in Europe certainly has its advantages, as the continent is home to some of the biggest automakers on the planet. Faurecia already has existing partnerships with Volkswagen, Volvo, Stellantis, Audi, Renault, BMW, Daimler, and Jaguar Land Rover. But an encouraging sign is that Faurecia is anticipating doubling its growth in the key markets of the U.S. and China by 2025. How will they do this? It has locked up partnerships with major Chinese automakers like BYD and Li Auto, as well as iconic American automakers like General Motors and Ford.
