Symbio to invest €1B in fuel cell production in France

Symbio, a joint venture of Faurecia and Michelin, announced a €1 billion investment through 2028 in France under the HyMotive project, aiming for a total manufacturing capacity of 100,000 fuel cell systems per year by 2028, with a first gigafactory in Saint-Fons starting production in late 2023.

“Symbio will invest 1 billion EUR in total over 7 years in France through its HyMotive project.”symbio.one

• 1 source
• symbio.oneSymbio to invest 1 billion EUR in France to accelerate its innovation and industrialization roadmap | SymbioOct 6, 2022

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