Faurecia has said it has acquired an ‘exclusive access to the intellectual property and process know-how of composite hydrogen tanks from Stelia Aerospace Composites’.
Faurecia says it is now, with the support of Stelia Aerospace Composites, able to design, industrialise and commercialise high pressure hydrogen tanks made of carbon fibre composites for fuel cell electric vehicles.
Patrick Koller, CEO of Faurecia said: “Faurecia has the ambition to become a leading supplier of fuel cell technology. 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 five million vehicles equipped with fuel cell technology could be in production. Carbon fibre composite is the ideal material for hydrogen tanks which have to withstand the high pressure (700bars) 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. Ad-Venta developed a unique, reliable and compact valve which allows pressure management from 700 to 10 bars for delivery to the fuel cell.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData