Michelin & Hydrogen : 15 year-commitment Is hydrogen the energy source of the future? Government policies all over the world are currently reflecting increasing interest in the sector. These ambitions are consistent with the Michelin Group's "Fully Sustainable" vision, which includes the company’s efforts to develop hydrogen over the past 15 years. September 7 2020 Imprimer Michelin is committed to making mobility more sustainable and working with all the best partners. We believe that hydrogen mobility offers the greatest potential to simultaneously address three major issues: pollution, greenhouse gas emissions, and the energy transition. It is also, by far, one of the few technologies promoting industrial and energy sovereignty for Europe. For all these reasons, hydrogen is a strategic growth area for Michelin. A significant share of the group’s business will effectively be non-tyre related in ten years’ time. Florent Menegaux - CEO of the Michelin Group. Hydrogen: a technology of the future For Michelin, it's undeniable: hydrogen technology offers an indispensable solution for improving air quality, reducing CO2 emissions, and promoting the energy transition. According to Sonia Artinian-Fredou, Executive Vice-President of Business, Services, and Solutions, High-Tech Materials — Member of the Michelin Group Executive Committee: "Hydrogen will play a key role in the massive development of electric vehicles and therefore ‘zero-emission’ mobility. It will also help speed up the energy transition since it's one of the most flexible storage vectors for renewable energy." Thanks to more than 15 years of fuel cell research and development, Michelin is now a leader in hydrogen technology and has great ambitions for its large-scale development. Did you know ? The transportation sector is responsible for 23% of global CO2 emissions 33 million: the estimated1 number of hydrogen vehicles that will be sold in Europe in 2050 (according to the McKinsey study conducted for the FCHJU - Fuel Cells and Hydrogen Joint Undertaking-) Michelin's top three objectives for exploiting hydrogen's full potential Michelin demonstrates our belief in hydrogen's potential through concrete actions and commitments centered around three main objectives: become a world leader in hydrogen fuel cell systems, help companies "green" their fleets and accelerate the deployment of hydrogen mobility by serving as a critical and unifying player in the ecosystem. "Take action and unify" to develop the sector To become essential players in the hydrogen fuel cell sector, Michelin and Faurecia joined forces in 2019 to create a joint venture called "Symbio, a Faurecia Michelin Hydrogen company." Michelin also wants to help companies green their fleets, particularly in Europe, by capitalizing on the expertise of Masternaut, a fleet management leader in France and the United Kingdom, and a Michelin company. And to accelerate the development of the industry, Michelin is playing an important unifying role by chairing the "Hydrogen Europe" association, which brings together manufacturers, researchers, and national associations across Europe. Additionally, Michelin joined the Hydrogen Council's Executive Board in early 2020. Michelin's commitment to hydrogen is also exemplified by our many public-private partnerships, like the Zero Emission Valley Project for the massive and simultaneous deployment of hydrogen vehicles and the supporting infrastructure. MissionH24, accelerating hydrogen technology through motorsports Last June, Michelin became a partner in MissionH24, a project to accelerate "zero-emission" mobility through racing by expanding the use of hydrogen in endurance races. The racing experience acquired through MissionH24 will inform Symbio's strategy and help it become a major player in hydrogen mobility in the next few years. During the 24 Hours of Le Mans on September 19, 2020, the LMP H2G, the world's first "Le Mans Prototype" (LMP) race car equipped with an electric-hydrogen engine, will do a demonstration lap. Its development phase will continue to prepare for the addition of a Hydrogen category in 2024. Michelin and Symbio: paving the way for motorsport of the future today as partners of MissionH24 Michelin hails the France hydrogen strategy plan and reaffirms its hydrogen goals 09/08/2020 | PDF - 166.65 Ko Formula E action to resume this weekend! Read more From yesterday to tomorrow: Michelin and bicycles Read more
