Suppliers

Michelin, Faurecia Form Hydrogen Fuel Cell JV

Posted on December 3, 2019

Groupe Michelin has formed a joint venture with Faurecia to develop and market hydrogen fuel cell systems for light vehicles and commercial trucks.

According to Michelin, Faurecia, a France-based global automotive supplier, "is contributing its technological hydrogen mobility expertise," while the tiremaker "is contributing the know-how of its subsidiary, Symbio, an equipment manufacturer supplying hydrogen fuel cell kits, as well as a range of services, and design and production activities."

The companies will initially invest a total of 140 million euros in the joint venture in order to accelerate the development of hydrogen fuel cells, launch mass production and expand business in the United States, Europe and China. The venture "will eventually have three industrial sites, supplying the world's main automotive markets: Europe, Asia and the U.S.," say Michelin officials.

"Electric mobility is expected to increase significantly between now and 2030, with hydrogen-powered vehicles accounting for two million vehicles" by that time.

Related Topics: electric vehicles, Faurecia, Groupe Michelin, hydrogen fuel cell technology

Comments ( 0 )
More Stories
“Who’s going to control vehicle data in the future: the auto manufacturer or the owner of the car?” Aaron Lowe asked at the 2019 Auto Care Association Legislative Summit.
Article Legislative Update: Dealers Could Lose Pipeline to Vehicle Repair Data

Within the next two years, 87% of new cars in the United States will have the ability to transmit diagnostic and repair data via telematics, according to the Auto Care Association.

News VW Picks Continental Tires for New Electric Car

Volkswagen has selected Continental to provide tires for its ID.3 electric car.

David Petter from Petter Farms stands beside Trelleborg's new tire designed for rice farming applications. The ProgressiveTraction Rice tire in available in size 480/80R50.
News Trelleborg Unveils Tire for Rice Farming

Rice farmers can turn to Trelleborg Wheel Systems for a tire specificially designed for their use — the 480/80R50 ProgressiveTraction Rice tire.

Be the First to Know

Get the latest news and most popular articles from MTD delivered straight to your inbox. Stay on top of the tire industry and don't miss a thing!