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.