# Symbio and Schaeffler form joint venture Innoplate for fuel cell bipolar plates

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.

- Type: Acquisition
- Announced: 2022-06-07
- Status: announced
- Products: fuel cell bipolar plates
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [aftermarketinsight.spglobal.com](https://aftermarketinsight.spglobal.com/news/975/symbio-schaeffler-establish-an-equal-jv-to-produce-fuel-cell-bipolar-plates), 2022-06-09: "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."

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