Stellantis to take 33.3% stake in Faurecia and Michelin fuel cell joint venture Symbio

Automotive giant Stellantis is set to take a 33.3% stake in hydrogen mobility solutions brand Symbio.

Faurecia, Michelin and Stellantis today (May 16) revealed the signing of a binding agreement to see the company behind vehicle brands such as Vauxhall, Fiat, Alfa Romeo and Maserati, acquire the 33.3% stake in Symbio.

Faurecia, a FORVIA Group company, and Michelin, the original founders of Symbio, will each retain a 33.3% stake.

… to continue reading this article and more, please login, register for free, or consider subscribing to H2 View

Register today

Paywall Asset Header Graphic

You’ve reached your weekly limit to access free articles!

Want to keep reading?

Please register for free and create a profile to gain access to this full article and H2 View’s daily news.

For access to more content including our monthly digital magazines, subscriber-only features or columns and all our other H2 View archive, please consider subscribing.

Alternatively you can continue reading more articles as a guest on Sunday, 11th June at 7:25PM

Please wait...