# Faurecia and Michelin form hydrogen fuel cell joint venture

Faurecia and Michelin have signed a Memorandum of Understanding to create a joint venture, Symbio, a Faurecia Michelin Hydrogen Company, to develop, produce and market hydrogen fuel cell systems for light vehicles, utility vehicles, trucks and other applications. The JV will be equally owned.

- Type: Partnership
- Announced: 2019-03-11
- Where: France
- Status: announced
- Products: hydrogen fuel cell systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md) (partner)
- [Michelin](https://endata.com/companies/13430.md) (partner)
- [Symbio](https://endata.com/companies/37933.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/faurecia-and-michelin-to-create-a-global-leader-in-hydrogen-mobility-300810392.html), 2019-03-11: "Faurecia and Michelin are convinced of the importance of hydrogen technology in tomorrow's world of zero emissions mobility and of the need to create a strong French and European hydrogen industrial sector."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.