Suppliers Legacy

Faurecia wants to be industry's hydrogen leader

CEO Patrick Koller
CEO Patrick Koller
November 28, 2020 05:00 AM

Faurecia is preparing to be a fully independent company after PSA Group divests its stake in the supplier as part of its merger with Fiat Chrysler Automobiles. Among the initiatives Faurecia is pursuing is an annual investment of up to €60 million ($71 million) in hydrogen technology and cooperation with ZF on cockpit technology.

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