Latest news with #hydrogenvehicle
Bloomberg
15-07-2025
- Automotive
- Bloomberg
Stellantis to Halt Investments in Hydrogen Joint Venture
Stellantis NV will withdraw its support for a joint hydrogen-vehicle venture with Michelin and Forvia SE as the automaker cuts its exposure to the fledgling technology, putting the project's future at risk. The maker of Fiat cars plans to stop investing in the Symbio business that specializes in hydrogen fuel cells by 2026, Forvia and Michelin said in separate statements in response to Bloomberg queries. Stellantis declined to comment.
Bloomberg
15-07-2025
- Automotive
- Bloomberg
Stellantis Backs Out of Hydrogen Venture With Michelin, Forvia
Stellantis NV will withdraw its support for a joint hydrogen-vehicle venture with Michelin and Forvia SE as the automaker cuts its exposure to the fledgling technology, putting the project's future at risk. The maker of Fiat cars plans to stop investing in the Symbio business that specializes in hydrogen fuel cells by 2026, Forvia and Michelin said in separate statements in response to Bloomberg queries. Stellantis didn't immediately respond to a request for comment.
