ACQUISITION: Faurecia acquires China-based high-pressure hydrogen tank manufacturer CLD

News
M&A

Faurecia and CLD will develop and manufacture homologated type III and IV hydrogen storage tanks for the Chinese market

In a move to strengthen its hydrogen mobility strategy, Faurecia has acquired mainland China-based high-pressure hydrogen tank manufacturer CLD, the company announced in a press release on 16 February.

Thank you for visiting S&P Global AutoTechInsight.

*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload preload