Latest news with #Imparato
Straits Times
5 days ago
- Automotive
- Straits Times
Stellantis pulls plug on hydrogen fuel cell vans
Find out what's new on ST website and app. Stellantis is not continuing with plans to build hydrogen fuel cell commercial vehicles. PARIS – On June 16, Jeep-maker Stellantis said it was pulling the plug on plans to build light vans using hydrogen fuel cells, adding that it saw no prospects for it to be commercially viable. The company, whose stable of brands includes Peugeot, Citroen and Fiat, had planned to begin serial production of commercial vans equipped with hydrogen fuel cells this summer at sites in northern France and southern Poland. 'The hydrogen market remains a niche segment, with no prospects of midterm economic sustainability,' said Mr Jean-Philippe Imparato, Stellantis' chief operating officer for the European region. The company cited limited availability of hydrogen refuelling infrastructure, high capital requirements and the need for stronger consumer purchasing incentives. 'We must make clear and responsible choices to ensure our competitiveness and meet the expectations of our customers with our electric and hybrid passenger and light commercial vehicles offensive,' Mr Imparato added. Hydrogen fuel cell technology was seen as a possible rival to battery electric vehicles to reach zero emissions. When hydrogen and air are fed into a cell, it creates electricity and water. The technology could offer faster refill times than recharging electric batteries, but also involves creating expensive new infrastructure, and most hydrogen is currently produced from natural gas without capturing the greenhouse gas emissions. Top stories Swipe. Select. Stay informed. Singapore 30% of aviation jobs could be redesigned due to AI, automation; $200m fund to support workers: CAAS Singapore Alleged Kpod peddler filmed trying to flee raid in Bishan charged with 6 offences Business Global fintech firms expanding in Singapore with larger offices, APAC hubs Singapore UOB awarded $17.7 million in civil suit against Lippo Marina Collection over inflated housing loans Life Kinokuniya opens third bookstore in Raffles City, weeks ahead of schedule Singapore 5 foreigners charged over scheme to deliberately get arrested in S'pore to sell sex drugs Life F1 Singapore Grand Prix: Music acts Lewis Capaldi, Clean Bandit, Spice Girls' Melanie C added World Trump threatens to sue WSJ over story on alleged 2003 letter to Epstein Only Toyota, Hyundai and BMW are still developing fuel cell vehicles and few models are on the roads. France's Renault shut its hydrogen fuel cell factory at the start of 2025. Stellantis said staff at the factories would be reassigned to other tasks, but acknowledged the move would create 'financial challenges' for fuel cell supplier Symbio. Stellantis took a stake in Symbio in 2023, alongside tyre manufacturer Michelin and auto parts supplier Forvia. Symbio opened a fuel cell factory near the French city of Lyon in 2023. Stellantis said it had launched discussions with the other shareholders in Symbio, but Michelin called the announcement 'unexpected, brutal and uncoordinated'. Forvia noted that Stellantis accounts for nearly 80 per cent of Symbio's activity. 'Stellantis' announcement will have serious and immediate operational and financial repercussions for the future of Symbio,' it said. AFP
Qatar Tribune
6 days ago
- Automotive
- Qatar Tribune
Stellantis pulls plug on hydrogen fuel cell vans
Agencies Jeep-maker Stellantis said Wednesday it was pulling the plug on plans to build light vans using hydrogen fuel cells, saying it saw no prospects for it to be commercially viable. The company, whose stable of brands also includes Peugeot, Citroen and Fiat, had planned to begin serial production of commercial vans equipped with hydrogen fuel cells this summer at sites in northern France and southern Poland. 'The hydrogen market remains a niche segment, with no prospects of mid-term economic sustainability,' said Jean-Philippe Imparato, Stellantis's chief operating officer for the European region. The company cited limited availability of hydrogen refuelling infrastructure, high capital requirements, and the need for stronger consumer purchasing incentives. 'We must make clear and responsible choices to ensure our competitiveness and meet the expectations of our customers with our electric and hybrid passenger and light commercial vehicles offensive,' Imparato added.
Japan Today
6 days ago
- Automotive
- Japan Today
Stellantis pulls plug on hydrogen fuel cell vans
Stellantis showed off its hydrogen fuel cell commercial vans at the Paris Motor Show last year Jeep-maker Stellantis said Wednesday it was pulling the plug on plans to build light vans using hydrogen fuel cells, saying it saw no prospects for it to be commercially viable. The company, whose stable of brands also includes Peugeot, Citroen and Fiat, had planned to begin serial production of commercial vans equipped with hydrogen fuel cells this summer at sites in northern France and southern Poland. "The hydrogen market remains a niche segment, with no prospects of mid-term economic sustainability," said Jean-Philippe Imparato, Stellantis's chief operating officer for the European region. The company cited limited availability of hydrogen refueling infrastructure, high capital requirements, and the need for stronger consumer purchasing incentives. "We must make clear and responsible choices to ensure our competitiveness and meet the expectations of our customers with our electric and hybrid passenger and light commercial vehicles offensive," Imparato added. Hydrogen fuel cell technology was seen as a possible rival to battery electric vehicles to reach zero emissions. When hydrogen and air are fed into a cell it creates electricity and water. The technology could offer faster refill times than recharging electric batteries, but also involves creating expensive new infrastructure and most hydrogen is currently produced from natural gas without capturing the greenhouse gas emissions. Only Toyota, Hyundai and BMW are still developing fuel cell vehicles and few models are on the roads. France's Renault shut its hydrogen fuel cell factory at the start of the year. Stellantis said staff at the factories would be reassigned to other tasks, but acknowledged the move would create "financial challenges" for fuel cell supplier Symbio. Stellantis took a stake in Symbio in 2023 alongside tyre manufacturer Michelin and auto parts supplier Forvia. Symbio opened a fuel cell factory near the French city of Lyon in 2023. Stellantis said it had launched discussions with the other shareholders in Symbio, but Michelin called the announcement "unexpected, brutal and uncoordinated". Forvia noted that Stellantis accounts for nearly 80 percent of Symbio's activity. "Stellantis's announcement will have serious and immediate operational and financial repercussions for the future of Symbio," it said. © 2025 AFP
Kuwait Times
7 days ago
- Automotive
- Kuwait Times
Stellantis pulls plug on hydrogen fuel cell vans
PARIS: Jeep-maker Stellantis said Wednesday it was pulling the plug on plans to build light vans using hydrogen fuel cells, saying it saw no prospects for it to be commercially viable. The company, whose stable of brands also includes Peugeot, Citroen and Fiat, had planned to begin serial production of commercial vans equipped with hydrogen fuel cells this summer at sites in northern France and southern Poland. 'The hydrogen market remains a niche segment, with no prospects of mid-term economic sustainability,' said Jean-Philippe Imparato, Stellantis's chief operating officer for the European region. The company cited limited availability of hydrogen refuelling infrastructure, high capital requirements, and the need for stronger consumer purchasing incentives. 'We must make clear and responsible choices to ensure our competitiveness and meet the expectations of our customers with our electric and hybrid passenger and light commercial vehicles offensive,' Imparato added. Hydrogen fuel cell technology was seen as a possible rival to battery electric vehicles to reach zero emissions. When hydrogen and air are fed into a cell it creates electricity and water. The technology could offer faster refill times than recharging electric batteries, but also involves creating expensive new infrastructure and most hydrogen is currently produced from natural gas without capturing the greenhouse gas emissions. Only Toyota, Hyundai and BMW are still developing fuel cell vehicles and few models are on the roads. France's Renault shut its hydrogen fuel cell factory at the start of the year. Stellantis said staff at the factories would be reassigned to other tasks, but acknowledged the move would create 'financial challenges' for fuel cell supplier Symbio. Stellantis took a stake in Symbio in 2023 alongside tyre manufacturer Michelin and auto parts supplier Forvia. Symbio opened a fuel cell factory near the French city of Lyon in 2023. Stellantis said it had launched discussions with the other shareholders in Symbio, but Michelin called the announcement 'unexpected, brutal and uncoordinated'. Forvia noted that Stellantis accounts for nearly 80 percent of Symbio's activity. 'Stellantis's announcement will have serious and immediate operational and financial repercussions for the future of Symbio,' it said. – AFP
The Sun
7 days ago
- Automotive
- The Sun
Stellantis pulls plug on hydrogen fuel cell vans
PARIS: Jeep-maker Stellantis said Wednesday it was pulling the plug on plans to build light vans using hydrogen fuel cells, saying it saw no prospects for it to be commercially viable. The company, whose stable of brands also includes Peugeot, Citroen and Fiat, had planned to begin serial production of commercial vans equipped with hydrogen fuel cells this summer at sites in northern France and southern Poland. 'The hydrogen market remains a niche segment, with no prospects of mid-term economic sustainability,' said Jean-Philippe Imparato, Stellantis's chief operating officer for the European region. The company cited limited availability of hydrogen refuelling infrastructure, high capital requirements, and the need for stronger consumer purchasing incentives. 'We must make clear and responsible choices to ensure our competitiveness and meet the expectations of our customers with our electric and hybrid passenger and light commercial vehicles offensive,' Imparato added. Hydrogen fuel cell technology was seen as a possible rival to battery electric vehicles to reach zero emissions. When hydrogen and air are fed into a cell it creates electricity and water. The technology could offer faster refill times than recharging electric batteries, but also involves creating expensive new infrastructure and most hydrogen is currently produced from natural gas without capturing the greenhouse gas emissions. Only Toyota, Hyundai and BMW are still developing fuel cell vehicles and few models are on the roads. France's Renault shut its hydrogen fuel cell factory at the start of the year. Stellantis said staff at the factories would be reassigned to other tasks, but acknowledged the move would create 'financial challenges' for fuel cell supplier Symbio. Stellantis took a stake in Symbio in 2023 alongside tyre manufacturer Michelin and auto parts supplier Forvia. Symbio opened a fuel cell factory near the French city of Lyon in 2023. Stellantis said it had launched discussions with the other shareholders in Symbio, but Michelin called the announcement 'unexpected, brutal and uncoordinated'. Forvia noted that Stellantis accounts for nearly 80 percent of Symbio's activity. 'Stellantis's announcement will have serious and immediate operational and financial repercussions for the future of Symbio,' it said. – AFP
