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31 Jul
16:33

Stellantis completes Symbio's stake purchase

Stellantis confirmed on Monday it has completed its 33% stake acquisition in Symbio – a fuel cell joint venture with Faurecia and Michelin. The three companies now own an equal share in the hydrogen mobility company, Kallanish reports. “The addition of Stellantis as a shareholder will boost Symbio’s development across Europe and in the US,” the automaker says in a note, without disclosing how much it paid in the purchase. Stellantis intend…
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