# Stellantis plans to acquire stake in Symbio from Faurecia and Michelin

Stellantis has entered exclusive negotiations to acquire a substantial stake in Symbio, a hydrogen fuel cell technology company, from existing shareholders Faurecia and Michelin.

- Type: Acquisition
- Announced: 2022-12-23
- Where: France
- Jobs: 1,000
- Status: announced
- Capacity: 100,000 systems per year by 2028
- Products: hydrogen fuel cell technologies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Faurecia](https://endata.com/companies/1483.md) (partner)
- [Stellantis](https://endata.com/companies/7966.md) (acquirer)
- [Michelin](https://endata.com/companies/13430.md) (partner)
- [Symbio](https://endata.com/companies/37933.md) (target)

## Sources

- [stellantis.com](https://www.stellantis.com/en/news/press-releases/2022/december/stellantis-plans-to-acquire-stake-in-symbio-a-faurecia-michelin-hydrogen-company-and-leader-in-fuel-cell-technologies-for-mobility-industry), 2022-12-23: "Stellantis plans to acquire a substantial stake in Symbio, a leader in zero-emission hydrogen mobility, to become a significant player along with existing shareholders Faurecia and Michelin."
- [hydronews.it](https://www.hydronews.it/en/stellantis-confirms-focus-on-hydrogen-by-announcing-intention-to-take-over-a-stake-in-symbio-jv-between-faurecia-and-michelin/), 2022-12-23: "Symbio's roadmap for technical aspects fits perfectly with Stellantis' plans for hydrogen mobility in Europe and the US."
- [just-auto.com](https://www.just-auto.com/deals-dashboards/stellantis-plans-to-acquire-stake-in-hydrogen-tech-firm-symbio/), 2023-01-03: "Symbio’s technical roadmap perfectly matches with Stellantis’ hydrogen roll-out plans in Europe and in the US."

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