Michelin and Faurecia formalize hydrogen JV; €140M initial investment
Green Car Congress
JANUARY 5, 2020
In late November, Michelin and Faurecia formalized the creation of Symbio, A Faurecia Michelin Hydrogen Company, a joint venture combining all their hydrogen fuel cell dedicated activities, with the aim of becoming a world leader in hydrogen mobility. The two partners had signed a Memorandum of Understanding in March 2019. ( Earlier post.). The joint venture is tasked with developing, producing and marketing hydrogen fuel cell systems for light vehicles, commercial vehicles and trucks as well as
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