Stellantis announces negotiations to acquire a stake in Symbio, a hydrogen mobility company

Stellantis announces intention to acquire stake in hydrogen mobility company Symbio

Stellantis has announced the start of negotiations to acquire a “substantial stake” in Symbio, a hydrogen company, from Faurecia and Michelin, specialising in mobility-oriented fuel cell technologies. Stellantis CEO Carlos Tavares said:

“Symbio’s technical roadmap fits perfectly with Stellantis’ hydrogen launch plans in Europe and the U.S. This move will further the speed of development to bring low-emission products to our customers, beyond traditional electric vehicles.

We are grateful to the teams at Faurecia, Michelin and Symbio for their commitment to innovation, excellence and collaboration as we all work towards decarbonised mobility.”

Symbio is a very exciting company in the field of fuel cell technology. Last October, it announced its HyMotive’ project, which aims to accelerate its industrialisation and innovation, thereby increasing its total production capacity in France to 100,000 systems per year by 2028.

Symbio produces and markets hydrogen solutions for light and heavy duty vehicles, offering a complete range of its so-called ‘StackPacks‘, pre-integrated hydrogen systems that meet all energy and sustainability needs, which are capable of offering up to 1,000 km of autonomy. Symbio’s goal is to produce 200,000 StackPacks per year by 2030.


As for Stellantis, we have already seen several hydrogen solutions applied to its medium-sized commercial vans (Citroën e-Jumpy Hydrogen, Opel Vivaro-e Hydrogen, Peugeot e-Expert Hydrogen,…), starting at the end of 2021. The Group plans to integrate this technology into larger vans from 2024 in Europe, in line with its ‘Dare Forward 2030’ strategy.

This transaction allows Symbio to expand its development by capitalising on Stellantis’ leadership in the European and US automotive markets. Closing of the transaction is expected to occur in the first half of 2023.

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