Schaeffler-Symbio JV Innoplate to begin fuel cell bipolar plates production by 2024
Four months after the initial agreement, Schaeffler and Symbio have announced the effective creation of Innoplate – their 50-50 joint venture to manufacture fuel cell bipolar plates for global mobility and energy solutions - after completion of customary regulatory clearances.
The companies have said that the preparation of the building and ordering of equipment have started in line with the target to start operations beginning of 2024. Innoplate's manufacturing is to be based in Haguenau in the Alsace region of France.
By leveraging the leading know-hows and expertise of its parent companies in mass production of metallic bipolar plates and in fuel cell technology, Innoplate claims to industrialize production at large scale and accelerate the manufacturing of next generation BPP for the entire proton exchange membrane fuel cell market, thus enhancing performance, capacity, and cost competitiveness, to support a solid uptake of market adoption.
With Innoplate, Schaeffler and Symbio materialize their commitment to build technological and industrial leadership in Europe, supporting Europe's strategic determination to secure technological sovereignty in the Hydrogen Economy.
