Faurecia and Michelin formalise joint venture

Automotive technology company Faurecia and tyre manufacturer Michelin have formalised the creation of Symbio, a Faurecia Michelin hydrogen company.

Announced earlier this month, the new joint venture will combine the two company’s hydrogen fuel cell dedicated activities, with the aim of becoming a world leader in hydrogen mobility.

Faurecia and Michelin form joint venture focused on hydrogen mobility

“The formal creation of our joint venture with Michelin is another important step in Faurecia’s strategy to become a world leader in hydrogen systems,” said Patrick Koller, CEO of Faurecia.

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