France’s Faurecia, said it was recently awarded a contract for hydrogen fuel cell electric vehicle storage systems from Hyundai Motor Co. Faurecia said it will supply the entire hydrogen storage system, including 10,000 hydrogen tanks, which will be produced at its operations in Bavans, France. Delivery is scheduled to start in 2021.
Over a four-year period, Faurecia said it will equip around 1600 Hyundai heavy duty trucks that will be delivered to Hyundai Hydrogen Mobility in Switzerland, a newly created joint venture between Hyundai and H2 Energy to spearhead hydrogen mobility in Europe.
Patrick Koller, chief executive officer of Faurecia said, “fuel cell electric vehicle technology will become significant in the powertrain mix in the next 10 to 15 years, in particular for commercial vehicles. Faurecia is investing significant resources in optimizing the potential of this technology and creating the best-in class ecosystem to accelerate its deployment. This award, along with the joint venture we have created with Michelin to offer a unique range of hydrogen fuel cell systems, is a major step in our commitment to become the leader in fuel cell systems”.
Founded in 1997, Faurecia has focused its technology strategy on providing solutions for the “Cockpit of the Future” and “Sustainable Mobility.” In 2018, the group posted sales of €17.5 billion (c. $19.1), with 300 sites including 35 R&D centers and 122,000 employees in 37 countries, Faurecia focuses on four areas of business: seating, interiors, clarion electronics and clean mobility.