The two announced that they will jointly control Symbio which had been acquired in full by Michelin earlier this year. The joint-venture will develop hydrogen fuel cells and eventually produce and market them. They are intended for all sorts of vehicles including electric vehicles to extend their ranges. Another partner in this joint-venture (but not a shareholder) is Engie, the French integrated utility. Faurecia will continue to produce high-pressure hydrogen tanks. This will not be part of
12 Mar 2019
Faurecia and Michelin join forces in hydrogen mobility
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Faurecia and Michelin join forces in hydrogen mobility
Forvia SE (FRVIA:PAR) | 0 0 (-1.4%) | Mkt Cap: 9,624m
- Published:
12 Mar 2019 -
Author:
Hans-Peter Wodniok -
Pages:
2
The two announced that they will jointly control Symbio which had been acquired in full by Michelin earlier this year. The joint-venture will develop hydrogen fuel cells and eventually produce and market them. They are intended for all sorts of vehicles including electric vehicles to extend their ranges. Another partner in this joint-venture (but not a shareholder) is Engie, the French integrated utility. Faurecia will continue to produce high-pressure hydrogen tanks. This will not be part of