US EditionStellantis to Halt Investments in Hydrogen Joint Venture
4 Articles
4 Articles
Stellantis will withdraw its investments in the company Symbio, the joint venture of hydrogen vehicles with Michelin and Forvia SE, which intended to invest in the manufacture of vehicles powered by hydrogen batteries.
At the beginning of this decade, many car manufacturers announced large electrification plans and even set the concrete date on which they would become 100% electric brands. Over the years many of them have modified or softened these objectives, as has happened with Alfa Romeo, belonging to the Stellantis Group since 2021. The reality is that the Italian firm had already announced that it would not be an exclusively electric company in 2027, but…
Stellantis to pull back from hydrogen-powered vehicle production in the UK
Stellantis will pull back from hydrogen-related projects in the UK. The news was reported by Fleet News, dealing with the commercial vehicle side of the international group, which includes brands such as FIAT Professional, Peugeot, Citroen, and Opel (Vauxhall in the UK). Lack of investment in infrastructure and incentives at national level were the reasons of the strategic decision, announced by Fedele Ragusa, Stellantis senior product manager, …
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