Yanfeng Automotive Interiors (YFAI), one of the world’s leading suppliers of instrument panels, cockpit systems, door panels and floor consoles, and KOSTAL, a global leading automotive supplier of mechatronic HMI-components, announced the formation of a new strategic partnership. The CEOs of both companies signed a Memorandum of Understanding with the intent of cooperating in the field of smart interior surfaces.
With the new strategic partnership, both companies are drawing on the market trend toward the integration of HMI operating controls into high-quality surfaces in vehicle interiors.
“As a global leading provider for the development and production of mechatronic modules, switch panels and switches for the automotive industry, and with more than 100 years of experience, KOSTAL is the best possible partner in this field,” said Johannes Roters, CEO of Yanfeng Automotive Interiors. “The combination of technology and expertise both companies offer provides our customers with many advantages along the entire value chain.”
“The car interior will undergo an exciting evolution within the next decade. With the cooperation of YFAI and KOSTAL both partners should be able to extend their offer for their customers and drive the technological change,” added Andreas Kostal, chairman and CEO of the KOSTAL Group.
Both companies expect high potential not only in developing innovative solutions for smart interior surfaces but also for synergies in the whole value chain.
