Stellantis purchases 33.3% of Symbio
Published by Bella Weetch,
Editorial Assistant
Global Hydrogen Review,
Stellantis N.V. has confirmed that it has completed its 33.3% purchase in Symbio, a leader in zero-emission hydrogen mobility. FORVIA and Michelin are equal shareholders.
The announcement is a significant step in the decarbonisation of the mobility industry, and illustrates Symbio’s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the US.
Acquiring an equal stake in Symbio bolsters Stellantis’ leadership position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the Company’s growing battery electric vehicle portfolio.
Read the article online at: https://www.globalhydrogenreview.com/hydrogen/31072023/stellantis-purchases-333-of-symbio/
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