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RIYADH: China’s liquefied natural gas demand is forecast to recover in 2023 as the country emerges from COVID-19 controls to become the bright spot in Asia’s consumption for the super-chilled fuel. China’s demand is set to rebound to between 70 million and 72 million tons in 2023, 9 percent to 14 percent higher than in 2022, say analysts at Rystad Energy, Wood Mackenzie and
Stellantis’ buy-in enables Symbio to expand its fuel-cell development.
Stellantis to take stake in hydrogen tech firm with Faurecia and Michelin.
Stellantis is in talks to buy a controlling stake in Faurecia and Michelin's joint fuel cell venture Symbio.
Faurecia, a company of the Group FORVIA, Michelin and Stellantis announced the start of exclusive negotiations for Stellantis to acquire a substantial stake in Symbio, a provider ofzero-emission hydrogen mobility, to become a significant player along with existing shareholders Faurecia and Michelin. Symbio’s technical roadmap perfectly matches with Stellantis’ hydrogen...