French tyre manufacturer Michelin and automotive parts manufacturer Faurecia have signed a Memorandum of Understanding (MoU) to create a global leader in hydrogen mobility.
The two companies said they are convinced of the importance of hydrogen technology in tomorrow’s world of zero emissions mobility and of the need to create a strong French and European hydrogen industrial sector.
The French joint venture brings together all of Michelin’s fuel cell related activities with those of Faurecia to create Symbio, a Faurecia Michelin hydrogen company, owned equally by Faurecia and Michelin.
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