Strategy, Technology / 15/05/2017
Faurecia to develop and manufacture fuel cell tanks for electric vehicles with Stelia Aerospace Composites
Faurecia is now, with the support of STELIA Aerospace Composites, able to design, industrialize and commercialize high pressure hydrogen tanks made of carbon fiber composites for fuel cell electric vehicles.
Patrick Koller, CEO of Faurecia: “Faurecia has the ambition to become a leading supplier of fuel cell technology. We believe in this new energy vehicle alternative which has increased autonomy and rapid refueling time. In addition, hydrogen can be produced locally using sustainable technology. ”
Fuel cell technology is a long term electric vehicle solution which offers increased autonomy (over 500 km) and quicker refueling time compared to battery electric vehicles. By 2035, Faurecia estimates that 5 million vehicles equipped with fuel cell technology could be in production. Carbon fiber composite is the ideal material for hydrogen tanks which have to withstand the high pressure (700bars) whilst being as light as possible.
This acquisition complements the investment that Faurecia recently made in Ad-Venta, a specialist in pressure valves for efficient and safe hydrogen storage. Ad-Venta developed a unique, reliable and compact valve which allows pressure management from 700 to 10 bars for delivery to the fuel cell.
Strategy / 19/07/2017Faurecia announced today that it had taken a majority share in the Chinese company Jiangxi Coagent Electronics for a total investment of 1.45 billion RMB (193 million euros).+
Strategy / 04/07/2017
Faurecia signs a new joint venture with Dongfeng Motor Corporation and expands partnership to Faurecia Clean MobilityFaurecia today signed a joint venture agreement for its Clean Mobility business with Dongfeng Motor Parts & Components Group CO., Ltd in Wuhan.+