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Air Liquide and Faurecia today announce the signature of a joint development agreement to design and produce on-board liquid hydrogen storage systems for the automotive industry. Through this technology partnership, the two companies will accelerate the deployment of zero-emission heavy-duty mobility.

Effective October 1st, Victoria Chanial is appointed Executive Vice-President, Group Communications and is joining the Executive Committee of Faurecia.

Faurecia, one of the world’s leading automotive technology companies, has earned a 2021 Automotive News PACE Award for its IRYStec Perceptual Display Platform Vision (PDP Vision) solution.

Faurecia, one of the world’s leading automotive technology companies, becomes a member of Entreprises pour l’Environnement (EpE). EpE is a French association bringing together more than 60 French and international companies from all business sectors, willing to better include the environment in their strategy and business decisions. As the world is currently mobilized for the Climate Week, Faurecia’s membership marks a new step in the Group’s environmental commitment, in particular through its ambitious roadmap towards CO2 neutrality*.

The latest forecast for worldwide automotive production, released last Thursday by IHS Markit, reflected a strong reset of the expected figures for H2 2021. This sharp reduction is primarily attributable to a higher than expected impact from semiconductor shortage that creates high volatility in OEM programs.