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19 May
14:56

Faurecia expands hydrogen division with new orders

Faurecia forecasts it will achieve its objective to reach €500 million ($610m) order intake in 2021 for its zero-emission hydrogen solutions. The company is expanding its fuel cell system division in China and boosting output in Europe, Kallanish notes. Faurecia bagged a large order from Chinese automaker SAIC to supply hydrogen tanks for its commercial vehicles. This is included in the €250m worth of orders that the company has received since the beginn…
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