Faurecia And Michelin To Create Hydrogen Fuel Cell Systems
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Michelin, the company that’s into tyres and sustainable mobility and Faurecia, one of the technology leaders in the automotive industry, recently announced a joint venture bringing together all of Michelin’s fuel cell related activities, including its sub
Faurecia And Michelin To Create Hydrogen Fuel Cell Systems
Michelin, the company that’s into tyres and sustainable mobility and Faurecia, one of the technology leaders in the automotive industry, recently announced a joint venture bringing together all of Michelin’s fuel cell related activities, including its subsidiary Symbio, with those of Faurecia, as per an official release.The new venture, Symbio, a Faurecia Michelin Hydrogen joint company, will be owned equally by Faurecia and Michelin. This French joint venture, built around a unique ecosystem, will develop, produce, and market hydrogen fuel cell systems for light vehicles, utility vehicles, trucks, and other applications, as per the release.“Faurecia and Michelin are convinced of the importance of hydrogen technology in tomorrow’s world of zero emissions mobility and of the need to create a strong French and European hydrogen industrial sector. The two companies aim to create a world leader in hydrogen fuel cell systems through combining existing and complementary assets from both partners in the joint venture. This will enable the joint venture to immediately offer a unique range of hydrogen fuel cell systems for all use cases,” says the release.For electric vehicles, fuel cell technology complements battery technology, especially in those use cases requiring very intense use and greater autonomy. Furthermore, fuel cell technology has recently been selected by the European Union as one of Europe’s six Important Projects of Common Interest.Michelin’s role in this joint venture will be the activities of Symbio and a supplier of hydrogen fuel cell systems associated with a range of digital services, as well as research and development, and production activities. Faurecia will bring to the table the technological fuel cell expertise it has developed through a strategic partnership with the CEA, its industrial know-how and its strategic relationships with car manufacturers. Faurecia will continue its development of high-pressure hydrogen tanks in partnership with Stelia Aerospace Composites, which will also benefit the joint venture, according to the release.Another cooperation, one between Michelin and Engie, a global energy and services group, for the development of a hydrogen ecosystem, in particular in the field of hydrogen mobility, will also benefit the joint venture, as per the release.According to the release, General Managing Partner and future President of the Michelin Group, Florent Menegaux, explains, “This innovative partnership will facilitate the emergence and development of hydrogen mobility; it opens the way to a new form of sustainable mobility.”Click on the slideshow for a sneak peek at the offerings of the two companies. https://www.blouinartinfo.com/ Founder: Louise Blouin Read more
