During a visit to the Gravanches center in Clermont-Ferrand (Puy-de-Dôme) on December 9, Florent Menegaux, president of Michelin, announced Symbio, the new Michelin-Faurecia joint venture, will set up its hydrogen fuel cell production plant in the metropolitan area of Lyon.
Symbio, owned equally by Michelin and Faurecia
Michelin and Faurecia have decided to set up their future hydrogen fuel cell plant, the largest in Europe, on the territory of the metropolitan area of Lyon.
The president of the Metropolis, David Kimelfeld said, “Combining ecology and economy is what we have been doing for years. This establishment symbolizes that. The company will provide solutions in terms of sustainable development. About 250 jobs will be created the first year and 300 to 350 the following years”.
Symbio, created in 2010 and subsidiary of Michelin since February 2019 is a Zero-emission mobility equipment supplier: thanks to Symbio hydrogen systems, electric vehicles gain both in terms of autonomy (at least doubled compared to a vehicle powered on battery technology alone) and in terms of “charging” time. Manufacturers started to show interest in this type of technology in 2017 due to increasingly strong social, regulatory and environmental pressures.
Read: How Michelin and Faurecia Aim to Create a World Leader in the Fuel Cell Industry
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