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Investing.com -- Stellantis’ exit from hydrogen fuel cell joint venture Symbio is expected to be completed by May, with the carmaker facing a cost of 235 million euros ($275.6 million), Les Echos reported on Monday.
The automaker ended its hydrogen fuel cell technology program in July 2025, stating it would no longer launch hydrogen-powered vehicles.
The decision raised questions about the future of Symbio, its joint venture with Forvia and Michelin, as Stellantis represented 80% of Symbio’s business volume.
The exit is expected to be finalized by May, following a conciliation process with its co-shareholders that should result in a new shareholding structure at Symbio, with Michelin and Forvia each holding 50% of the capital, Les Echos said.
Stellantis will pay its partners an estimated 235 million euros in compensation for the early withdrawal, according to Les Echos. Of that amount, 145 million euros will be written off, and 90 million euros will be paid in cash, the newspaper added.
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