Incubation at Michelin
At Michelin, incubation has a name: the Incubator Program Office (IPO). This program, launched in 2014, covers projects linked to three of our strategic fields (excluding tires): Services and Solutions, Mobility Experiences and High-tech Materials.
The IPO's role is to detect projects that could support the Group's future growth. We seek out ideas from all sources and organizations — both inside and outside the company — that could be implemented fast, with quantifiable objectives.
We push those ideas to their limits and test them on the market to ensure they are viable. Our goal is to build a portfolio of companies or projects incubated in one of our structures.
Incubator Program Office results
Thanks to our expertise in vehicle dynamics, we can produce smart, predictive data. That means we can anticipate behaviors, breakdowns and situations to give businesses and drivers the keys to achieving safer roads.
AeroOne develops aerodynamic solutions for the trucking industry. Its goal is to boost the performance of existing options to improve fuel efficiency.
As part of its efforts to cut carbon emissions, the Group has invested in Symbio FCell, a startup that produces fuel cells. Symbio FCell currently benefits from the cutting-edge logistics of our research structures to accelerate its product development.
The MICHELIN Tweel tire
This airless Michelin tire, developed at our U.S. sites, benefited from the IPO's support to explore new uses, such as equipping loaders and agricultural machines.
The IPO also works on mobility support services. In China, for example, our incubator helped develop WeCare, a smartphone application for full-vehicle maintenance.