Faurecia, Michelin join forces to advance hydrogen fuel cells

Paris – Automotive supplier Faurecia and tire & rubber company Michelin have signed a memorandum of understanding (MoU) to set up a 50:50 joint venture company to develop hydrogen fuel cell systems.

Symbio will combine the two French companies’ existing assets to “immediately” to offer a range of hydrogen fuel cells systems for all use cases, the companies announced 11 March.

Faurecia CEO Patrick Koller (L), Agnès Pannier-Runacher, French economy and finance minister (C) and Michelin…

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