Stellantis Discontinues Hydrogen Fuel Cell Technology Development Program

Core Viewpoint - Stellantis has decided to discontinue its hydrogen fuel cell technology development program due to limited hydrogen refueling infrastructure, high capital requirements, and insufficient consumer purchasing incentives, predicting no adoption of hydrogen-powered light commercial vehicles before the end of the decade [1][3][7] Group 1: Decision Impact - The company will not launch its new range of hydrogen-powered Pro One vehicles this year, with serial production planned in Hordain, France, and Gliwice, Poland, now canceled [2][7] - This decision will not affect staffing at Stellantis' production sites, and R&D activities related to hydrogen technology will be redirected to other projects [3] Group 2: Market Context - The hydrogen market is currently viewed as a niche segment with no mid-term economic sustainability, prompting Stellantis to focus on electric and hybrid vehicles to meet CO2 regulations in Europe [3][7] - Stellantis has initiated discussions with shareholders of Symbio to evaluate market consequences and preserve the best interests of Symbio [4][7]