Stellantis, Forvia and Michelin join forces to boost hydrogen

In a new push for decarbonisation and a commitment to hydrogen as a sustainable energy carrier, Stellantis, the automotive giant that makes brands such as Peugeot, is joining Forvia and Michelin to form a powerful shareholder alliance in Symbio, a leading company in sustainable mobility powered by hydrogen. This acquisition, which has been successfully completed, represents a landmark step towards the decarbonisation of the mobility industry, marking a milestone in the fight against polluting emissions.

The hydrogen fuel cell technology developed by Symbio has proven to be one of the most promising innovations in the search for clean alternatives for mobility. With Stellantis joining as a new shareholder, it is expected to further drive the development and expansion of this technology in both Europe and the United States.

Stellantis’ equal stake in Symbio represents solid backing for the production of hydrogen-powered commercial vehicles in France. This move strengthens Stellantis’ leading position in the emerging market for hydrogen-powered vehicles, while complementing its already growing portfolio of battery electric vehicles.

The adoption of clean and sustainable technologies is a priority in today’s automotive industry, and this shareholder alliance demonstrates the commitment of leading companies such as Stellantis, Forvia and Michelin to a cleaner, more environmentally friendly future. The transition to hydrogen-powered vehicles, free of polluting emissions, is a shared goal of these companies, and their collaboration is expected to further foster the development and implementation of eco-friendly solutions in transport.

Beyond their commitment to sustainability, the collaboration between Stellantis, Forvia and Michelin also opens up new growth opportunities in the international market. Stellantis’ presence in Europe and the United States provides a solid base for Symbio’s global expansion and its cutting-edge hydrogen fuel cell technology.

It is important to note that this union not only benefits the companies involved, but also contributes to global efforts to reduce the carbon footprint and mitigate climate change. Hydrogen mobility represents a promising alternative in the transition towards a cleaner and more sustainable future, and Symbio, backed by its new shareholder alliance, is in a privileged position to lead this change.