Deals Counterparts

Symbio and Schaeffler Partner to Develop Fuel Cell Bipolar Plates

Joint Venture Hydrogen Fuel Cell announced Haguenau, United States Sep 17, 2025
50 million
Capacity
null
Stage
Innoplate
Project

Symbio and Schaeffler are collaborating to develop next-generation bipolar plates for hydrogen fuel cells. The partnership aims to improve the performance and cost-effectiveness of fuel cell technology.

Source Intelligence

KEY DETAILS

The joint venture is a 50:50 partnership. "Symbio, a Michelin and Faurecia hydrogen company, and Schaeffler signed an agreement for the creation of a 50:50 joint venture to produce fuel cell bipolar plates for global mobility and energy solutions." The production unit will have an initial capacity of 4 million BPP per year. "The production unit will be located in Haguenau, France, and will have an initial capacity of 4 million BPP per year, aiming at producing annually around 50 million BPP globally and employing more than 120 people by 2030." The JV will create more than 120 qualified jobs in France. "JV will industrialize production of fuel cell bipolar plates at large scale and create more than 120 qualified jobs in France"

Capacity
JV targeting to produce c.50 million bipolar plates
Location
JV and first plant to be located in Haguenau, France, with JV targeting to produce c.50 million bipolar plates and employ more than 120 people by 2030
Signing
Symbio, a Michelin and Faurecia hydrogen company, and Schaeffler signed an agreement for the creation of a 50:50 joint venture to produce fuel cell bipolar plates for global mobility and energy solutions.
COD
Start of production of the JV is planned for early 2024.
Expected Close
The joint venture is expected to be established by the end of 2022, subject to customary conditions precedent such as applicable merger control clearances.
PARTIES MENTIONED IN SOURCE
S
Symbio joint venture

"Symbio, a Faurecia and Michelin hydrogen company, and Schaeffler Group, to establish Innoplate, a global joint venture (JV) to produce fuel cell bipolar plates (BPP), a strategic fuel cell component"

S
Schaeffler Group joint venture

"Symbio, a Faurecia and Michelin hydrogen company, and Schaeffler Group, to establish Innoplate, a global joint venture (JV) to produce fuel cell bipolar plates (BPP), a strategic fuel cell component"

I
Innoplate joint venture

"Symbio, a Faurecia and Michelin hydrogen company, and Schaeffler Group, to establish Innoplate, a global joint venture (JV) to produce fuel cell bipolar plates (BPP), a strategic fuel cell component"

high quality Enriched Feb 19, 2026

Timeline

Announced
Sep 17, 2025
Signed
Closed

Market Context

This deal is part of the Hydrogen Fuel Cell sector in United States.
2
Hydrogen Fuel Cell deals
565
deals in United States
1 of 2 Hydrogen Fuel Cell deals tracked this month · Updated daily

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