@Groupe PSA: PR FORVIA starts deliveries of hydrogen tanks from first mass production plant in France005828

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With hydrogen as a driving force behind the decarbonization of mobility and industry, FORVIA is committed to delivering safe and affordable hydrogen storage technology. By streamlining processes and excelling in industrialization, we will slash production costs by 5 between 2023 and 2025.
This plant will serve the automotive and hydrogen distribution & storage industries for the European market. Leading European customers such as Stellantis, Hyvia and MAN have already placed their trust in us to deliver solutions for on-board mobility applications. The plant will also produce the Type IV tanks that make up the Large-Scale Hydrogen Storage Solution which will be delivered to AirFlow for distribution & storage application.

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First plant in France to achieve “BREEAM Excellent” certification
The plant in Allenjoie symbolizes FORVIA’s unwavering commitment to sustainability. Engineered with sustainability at its core, the plant consumes less energy and has received the prestigious “BREEAM Excellent” certification in 2022. As the first plant in France and only the second in Europe to achieve this high-level sustainability certification, it serves as a blueprint for the deployment of the FORVIA’s global production standards. Expansion plans in China, North America, and Korea are already in motion, solidifying our commitment to a decarbonized industry.
A major hydrogen player
Since 2018, FORVIA has invested over €380M in hydrogen technology development. We remain steadfast in our commitment to this promising market, which is expected to grow to €20bn in 2030. FORVIA and Symbio** have registered a cumulated order intake of 1.2bn€ aligned with the long-term ambition of FORVIA as a leader in hydrogen with revenues of €3.5bn in 2030.

* A type IV tank is a composite tank made of carbon fiber with a polymer liner (thermoplastic).** Symbio is a joint-venture between FORVIA, Michelin and Stellantis.

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