Stellantis to shop for one-third stake in gas mobile gadget maker Symbio

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Stellantis to shop for one-third stake in gas mobile gadget maker Symbio

The trucks compete with choices from Renault Crew, which has its personal hydrogen unit, Hyvia, which it shaped in a collaboration with the U.S. startup PlugPower. Ford has additionally simply introduced it’s checking out hydrogen gas mobile trucks.

Gasoline cells are not hidden as a great zero-emissions powertrain for supply trucks, as a result of they’re lighter than batteries and feature a sooner refueling presen. There may be very slight hydrogen infrastructure, then again, and critics say the extraction procedure isn’t but environmentally pleasant.

“Acquiring an equal stake in Symbio will bolster our leadership position in hydrogen-powered vehicles by supporting our fuel cell van production in France, and it also serves as a perfect complement to our growing battery electric vehicle portfolio,” Stellantis CEO Carlos Tavares stated in a loose. 

Symbio, which used to be shaped in 2019, says it is going to get started manufacturing of gas cells in the second one part of this era at its manufacturing unit in St. Fons, France. It’s making plans an annual capability of fifty,000 cells by means of 2025.

Reuters contributed to this file

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