# Schaeffler and Symbio form Innoplate JV for fuel cell bipolar plates

Schaeffler and Symbio, a joint venture of Faurecia and Michelin, signed a contract to form a 50:50 joint venture named Innoplate to manufacture bipolar plates for fuel cells. The JV will be based in Haguenau, France, and plans to produce about 50 million bipolar plates by 2030, employing over 120 people.

- Type: Acquisition
- Announced: 2022-06-07
- Where: Haguenau, Alsace, France
- Jobs: 120
- Status: announced
- Capacity: approximately 50 million bipolar plates per year by 2030
- Products: bipolar plates for fuel cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md) (investor)
- [Schaeffler](https://endata.com/companies/2238.md) (partner)
- [Michelin](https://endata.com/companies/13430.md) (investor)
- [Symbio](https://endata.com/companies/37933.md) (partner)
- [Innoplate](https://endata.com/companies/63337.md) (target)

## Sources

- [onvista.de](https://www.onvista.de/news/2022/06-07-dgap-news-schaeffler-ag-wasserstoffmobilitaet-schaeffler-und-symbio-gruenden-gemeinsam-joint-venture-innoplate-zur-produktion-von-komponenten-fuer-brennstoffzellen-37-25997027), 2022-06-07: "Schaeffler und Symbio, ein Gemeinschaftsunternehmen von Faurecia und Michelin für Wasserstofftechnologie, haben einen Vertrag zur Gründung eines 50:50 Joint Ventures (JV) zur Herstellung von Bipolarplatten für Brennstoffzellen für globale Mobilitäts- und Energielösungen unterzeichnet."

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