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Symbio (a Faurecia and Michelin JV) and Schaeffler signed an agreement to establish an equal joint venture, Innoplate, to produce fuel cell bipolar plates for mobility and energy solutions. The JV will become operational by end of 2022.
“Symbio, a Faurecia and Michelin joint venture company, and Schaeffler have signed an agreement for establishing an equal JV company to produce fuel cell bipolar plates.”aftermarketinsight.spglobal.com
Summarized from public sources; check the original articles before acting on it.