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18 Feb
09:41

Faurecia accelerates hydrogen strategy in China

French automotive technology company Faurecia and China’s high-pressure tank manufacturer CLD will develop and manufacture homologated type III and IV hydrogen storage tanks for the Chinese market. Faurecia said it has acquired a majority share in CLD, but didn't disclose the size of the share nor how much it invested. The transaction will be completed once regulatory approvals are obtained in China, Kallanish notes.  “CLD is the ri…
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