One of the world’s leading automotive technology companies, Faurecia, is constructing a new €165m ($195m) state-of-the-art industrial facility in the Bourgogne-Franche-Comté region of France which will produce hydrogen storage systems.
The new industry 4.0 platform will be equipped with the latest digital manufacturing technologies and will be a benchmark for CO2 emissions reduction.
Patrick Koller, CEO of Faurecia, said, “This new platform, integrating the latest industry 4.0 innovations, demonstrates the commitment of Faurecia to accelerate the industrialisation of its hydrogen technologies for sustainable mobility.”
French Minister for the Economy, Finance and Recovery, Bruno Le Maire, added, “Faurecia’s decision is an outstanding demonstration of the dynamism of our automotive industry, and of the strong industrial attractiveness of the Belfort-Montbéliard region and its Energy Valley, which is a centre of excellence for hydrogen.”
“I am very pleased to support this major investment through France Relance.”
Agnès Pannier-Runacher, French Minister Delegate for Industry, Finance and Recovery, said, “It is also proof that industry is the source of solutions to meet the environmental transition challenges, in particular thanks to hydrogen, which is one of the main priorities of the recovery plan for which the government will devote €7bn ($1.2bn) between now and 2030.”
In 2021, the Clean Mobility Business Group’s industrial site in Beaulieu will be transferred to the new site in Allenjoie, which will provide Faurecia with the high-performance industrial capacity to support the growth of its hydrogen storage system business.
The time has come for hydrogen to realise its potential: An interview with Faurecia
From its headquarters in Nanterre, in the western suburbs of Paris, Faurecia has risen to become a top 10 global automotive supplier in the last two decades. The company is a systems supplier offering complete ranges of solutions for cockpit interiors, seats, software and electronics, and clean mobility. With 250 industrial sites, 41 R&D centres and more than 115,000 employees in 37 countries, Faurecia serves more than 150 clients worldwide, from OEMs to marine and off-road industries. In fact, as many as one in three automobiles is understood to be equipped by Faurecia on some level.
As such, over the last few years, the company has invested significantly in innovation and developed strong ecosystems to accelerate the integration of new competences and reduce the time to market. It will soon develop even greater autonomy itself too; whilst French car manufacturer Groupe PSA (Peugeot) has long been the main shareholder in Faurecia, H2 View understands the PSA Group will soon launch the spin-off of Faurecia – enabling a more autonomous approach to its strategic growth.
Faurecia is technology neutral, with CEO Patrick Koller noting like so many others that battery-electric and hydrogen fuel cell power are complementary and should be viewed as such, rather than pitted against one another. The company is a keen advocate of hydrogen mobility, however, and was also among the earlier members of the Hydrogen Council, an ecosystem of energy, transport and industrial stakeholders that it describes as ‘essential’.
Read the full exclusive interview with Faurecia here.