Stellantis Exits Hydrogen: What It Means for the Auto Industry
Stellantis, the company behind Peugeot and Fiat, has decided to step away from hydrogen vehicles in favor of electric and hybrid technologies. In this episode, we explore the implications for the company, its partners, and the future of hydrogen in the automotive sector.
Stellantis, the company that owns Peugeot, Fiat, and Opel, has made a major decision to step away from hydrogen vehicles, shifting its focus to electric and hybrid technologies to meet EU emissions targets. This move has significant consequences for the company's joint venture with Michelin and Forvia — Symbio — and raises questions about the future of hydrogen in the automotive industry. In this episode, we break down the strategic and financial impacts of Stellantis' decision, discuss why some companies like Toyota and Hyundai continue to invest in hydrogen technology, and examine the broader implications for the auto industry's transition to sustainable energy solutions.
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