Bags contract from a major clean energy technology company to supply Type IV hydrogen storage systems for heavy-duty commercial vehicles in the North American market, with production starting in 2025.
06 Dec 2023 | 4118 Views | By Autocar Professional Bureau
Forvia, the seventh largest automotive technology supplier, has been awarded a contract from a major clean energy technology company to supply Type IV hydrogen storage systems for heavy-duty commercial vehicles in the North American market, with production starting in 2025. This is the second award for hydrogen storage solutions acquired ...
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Forvia, the seventh largest automotive technology supplier, has been awarded a contract from a major clean energy technology company to supply Type IV hydrogen storage systems for heavy-duty commercial vehicles in the North American market, with production starting in 2025. This is the second award for hydrogen storage solutions acquired by Forvia in North America this year.
“Securing this second business award reflects Forvia’s momentum in hydrogen mobility in the North American market. It is a testament to our global presence and the strength of our strategic approach in this region. Our team has worked diligently to achieve this milestone and we are excited about the opportunity to provide our best-in-class hydrogen storage solutions to our growing customer base. The race to decarbonize mobility is on worldwide. Forvia's extensive portfolio of technologies across hydrogen and battery electric vehicles (BEV) makes us well positioned to accelerate decarbonizing the sector,” said Patrick Koller, CEO of Forvia.
Consolidating its position in the North American market
There is clear momentum behind hydrogen in the US, further supported by the announcement of the regional hydrogen hubs that represent $7 billion of investment from the Biden Administration to accelerate the domestic market for low-cost, clean hydrogen.
The North American market for hydrogen storage presents a wide range of opportunities and demands. Forvia states that it is well-positioned to meet them, with its strong portfolio of storage systems that cover segments from heavy-duty vehicles to medium and light duty trucks, as well as applications beyond mobility for the distribution and transport of hydrogen. With serial production underway in South Korea, China, and France, Forvia will also expand its manufacturing footprint to
Strategic partners in the region
Earlier this year Stellantis joined Forvia and Michelin as an equity partner in Symbio, a world leader in the development and production of fuel cells. With Symbio and Forvia’s hydrogen storage systems we cover 75% of the hydrogen drive train value and plan to reach a combined turnover of € 3.5 bn by 2030.
Symbio North America has swiftly established itself in the North American market since Q2 of 2021. Symbio has had notable successes in sustainable transportation including, the Symbio H2 Central Valley Express project, a heavy-duty fuel cell truck demonstration, highlighting the reliability of Symbio's fuel cell technology for regional transport. In addition, in May 2023, Symbio inaugurated a new facility in Temecula for hydrogen fuel cell vehicle power systems and assembly, aiming to produce next-gen systems. Both projects are supported by the California Energy Commission.
The company's rapid growth also includes plans to build a fuel cell Gigafactory in the USA.