The company says that it has acquired exclusive access to intellectual property and process know-how for composite hydrogen tanks from STELIA.
“Faurecia has the ambition to become a leading supplier of fuel cell technology,” says Patrick Koller, CEO of Faurecia. “We believe in this new energy vehicle alternative which has increased autonomy and rapid refuelling time. In addition, hydrogen can be produced locally using sustainable technology.”
Fuel cell technology is a long term electric vehicle solution which offers increased autonomy (over 500 km) and quicker refuelling time compared to battery electric vehicles. By 2035, Faurecia estimates that 5 million vehicles equipped with fuel cell technology could be in production. Carbon fibre composite is an ideal material for hydrogen tanks which have to withstand the high pressure (700 bars) whilst being as light as possible.
This acquisition complements the investment that Faurecia recently made in Ad-Venta, a specialist in pressure valves for efficient and safe hydrogen storage.