{"id":773551,"date":"2023-07-28T12:13:18","date_gmt":"2023-07-28T16:13:18","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/"},"modified":"2023-07-28T12:13:18","modified_gmt":"2023-07-28T16:13:18","slug":"stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/","title":{"rendered":"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <strong>Stellantis <\/strong><br \/>\n        <strong>Joins Forvia and Michelin as Equal<\/strong><br \/>\n        <strong> Shareholder in Symbio, a Leading Hydrogen Company<\/strong>\n      <\/p>\n<p align=\"justify\">AMSTERDAM, July 28, 2023 \u2013 Stellantis N.V. confirms it has completed its 33.3% purchase in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=X3pmXP4TDgxL4ZIKq1bunRkAcorv-GYVjl0GzpNveoRPF89AOPymryz5oYRNPEBBecMC-qN6HhgXM7GfeImtxA==\" rel=\"nofollow noopener\" target=\"_blank\"><u>Symbio<\/u><\/a>, a leader in zero-emission hydrogen mobility. FORVIA and Michelin are equal shareholders.<\/p>\n<p align=\"justify\">The announcement is a significant step in the decarbonization of the mobility industry and illustrates Symbio\u2019s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio\u2019s development across Europe and in the U.S.<\/p>\n<p align=\"left\">Acquiring an equal stake in Symbio bolsters Stellantis\u2019 leadership position in <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=U26rHjUN0Qvs_UbX-sN_w64vxcFkL5dSVE51w89OwuEKoKlNplqY9jI0UTIPgRuDDozGA6sRIIic1s1MPhH4G5ApwzJQ0yEANvqOcgfo6NR7DWgvyVb4hzm9wHVO1ON7PuFV-BMDfH1ckoe4EYN-JzcbJpMZlnYN0_IUdVjO5VI=\" rel=\"nofollow noopener\" target=\"_blank\"><u>hydrogen-powered vehicles<\/u><\/a> by supporting the fuel cell van production in France, and it also serves as a perfect complement to the Company\u2019s growing battery electric vehicle portfolio.<\/p>\n<p align=\"center\"># # #<\/p>\n<p align=\"justify\">\n        <strong><br \/>\n          <em>About Stellantis<\/em><br \/>\n        <\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>Stellantis N.V. (NYSE: STLA \/ Euronext Milan: STLAM \/ Euronext Paris: STLAP) is one of the world\u2019s leading automakers and a mobility provider. Its storied and iconic brands embody the passion of their visionary founders and today\u2019s customers in their innovative products and services, including Abarth, Alfa Romeo, Chrysler, Citro\u00ebn, Dodge, DS Automobiles, Fiat, Jeep\u00ae, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Powered by our diversity, we lead the way the world moves \u2013 aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com.<\/em>\n      <\/p>\n<table style=\"border-collapse: collapse;width:100%;border-collapse:collapse\">\n<tr>\n<td style=\"width:38.6px;text-align: left;vertical-align: middle;vertical-align: middle\"><\/td>\n<td style=\"width:122.34px;text-align: left;vertical-align: middle;vertical-align: top\">@Stellantis<\/td>\n<td style=\"width:38px;text-align: left;vertical-align: middle;vertical-align: middle\"><\/td>\n<td style=\"width:108.27px;text-align: left;vertical-align: middle;vertical-align: top\">Stellantis<\/td>\n<td style=\"width:37.07px;text-align: left;vertical-align: middle;vertical-align: middle\"><\/td>\n<td style=\"width:106.07px;text-align: left;vertical-align: middle;vertical-align: top\">Stellantis<\/td>\n<td style=\"width:37.87px;text-align: left;vertical-align: middle;vertical-align: middle\"><\/td>\n<td colspan=\"2\" style=\"width:70.87px;text-align: left;vertical-align: middle;vertical-align: top\">Stellantis<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\" style=\"width:557.6px;vertical-align: top\">\u00a0<\/p>\n<p><strong>For more information<\/strong><strong>,<\/strong><strong> contact:<\/strong><\/p>\n<p><strong>Fern\u00e3o<\/strong><strong> SILVEIRA<\/strong> +31 6 43 25 43 41 \u2013 fernao.silveira@stellantis.com<\/p>\n<p><strong>Nathalie ROUSSEL<\/strong> +33 6 87 77 41 82 \u2013 nathalie.roussel@stellantis.com<\/p>\n<p>\u00a0<\/p>\n<p>communications@stellantis.com<br \/>www.stellantis.com<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/table>\n<p \/>\n<p id=\"gnw_attachments_section-header\">\n        <strong>Attachment<\/strong>\n      <\/p>\n<ul id=\"gnw_attachments_section-items\">\n<li>\n          <a target=\"_blank\" href=\"https:\/\/ml-eu.globenewswire.com\/Resource\/Download\/649aecbb-7d6a-400d-9f47-e46f3099a1ed\" rel=\"noopener\">EN-20230728-Stellantis-Symbio-Closing<\/a>\n        <\/li>\n<\/ul>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgzMjE4MCM0MDE1ODgwMTkjMjIwOTMxMw==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml-eu.globenewswire.com\/media\/ZGRiZjFhMWQtOGMxOC00NzkxLTkyZTQtMjNjZjNmMGFlZmJmLTEyMjA4NjY=\/tiny\/STELLANTIS-N-V.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company AMSTERDAM, July 28, 2023 \u2013 Stellantis N.V. confirms it has completed its 33.3% purchase in Symbio, a leader in zero-emission hydrogen mobility. FORVIA and Michelin are equal shareholders. The announcement is a significant step in the decarbonization of the mobility industry and illustrates Symbio\u2019s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio\u2019s development across Europe and in the U.S. Acquiring an equal stake in Symbio bolsters Stellantis\u2019 leadership position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the Company\u2019s growing battery electric vehicle portfolio. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-773551","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company AMSTERDAM, July 28, 2023 \u2013 Stellantis N.V. confirms it has completed its 33.3% purchase in Symbio, a leader in zero-emission hydrogen mobility. FORVIA and Michelin are equal shareholders. The announcement is a significant step in the decarbonization of the mobility industry and illustrates Symbio\u2019s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio\u2019s development across Europe and in the U.S. Acquiring an equal stake in Symbio bolsters Stellantis\u2019 leadership position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the Company\u2019s growing battery electric vehicle portfolio. &hellip; Continue reading &quot;Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-28T16:13:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgzMjE4MCM0MDE1ODgwMTkjMjIwOTMxMw==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company\",\"datePublished\":\"2023-07-28T16:13:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\\\/\"},\"wordCount\":279,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=MTAwMDgzMjE4MCM0MDE1ODgwMTkjMjIwOTMxMw==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\\\/\",\"name\":\"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company - 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FORVIA and Michelin are equal shareholders. The announcement is a significant step in the decarbonization of the mobility industry and illustrates Symbio\u2019s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio\u2019s development across Europe and in the U.S. Acquiring an equal stake in Symbio bolsters Stellantis\u2019 leadership position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the Company\u2019s growing battery electric vehicle portfolio. &hellip; Continue reading \"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-28T16:13:18+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgzMjE4MCM0MDE1ODgwMTkjMjIwOTMxMw==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company","datePublished":"2023-07-28T16:13:18+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/"},"wordCount":279,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=MTAwMDgzMjE4MCM0MDE1ODgwMTkjMjIwOTMxMw==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/stellantis-joins-forvia-and-michelin-as-equal-shareholder-in-symbio-a-leading-hydrogen-company\/","name":"Stellantis Joins Forvia and Michelin as Equal Shareholder in Symbio, a Leading Hydrogen Company - 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