The announcement is another step towards the decarbonization of the mobility industry and illustrates Symbio’s technological excellence in hydrogen fuel cell innovations. The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the U.S.

This transaction will contribute €150 million to FORVIA’s net debt reduction program, its top priority following the acquisition of a majority stake in HELLA at the end of January 2022.