Michelin gets more involved with hydrogen
Why would a tire maker invest more into making hydrogen fuel cells? According to the Financial Post, French tire manufacturer Michelin is intensifying efforts to make fuel cells because this well known company believes that a growing demand for hydrogen vehicles should help reduce its dependence on tires. Michelin’s expansion into hydrogen has a lot to do with Symbio, its venture with car-parts maker Faurecia SA. The business is working on what it believes to be Europe’s biggest hydrogen-systems factory. The Saint-Fons manufacture in eastern part of France will supply fuel cells for a new range of cargo vans produced by Stellantis NV (the new automaker group combining Fiat Chrysler Automobiles and PSA). More than that, Michelin would also be in talks for additional orders.