Turnover: 420 million USD (2022)
Country: France
- Since 2010, Symbio FCell has been developing hydrogen fuel cell kits for electric vehicles
- After a name change in early 2018, Symbio is asserting itself as a new-generation OEM that offers engineering and digital services alongside its hydrogen fuel cell kits.
- In particular, the company offers integrated solutions that provide fleet management, displaying information such as remaining range or battery and hydrogen gauge levels.
- A joint venture between Faurecia and Michelin, who share the former startup's capital equally.
april 30, 2021 - Symbio launches into training - source(Automobile Entreprise)
- Symbio Hydrogen Academy opens (hydrogen-specific training courses)
- Goal of training 300 people a year
- In partnership with local players, companies and schools (Mines Paris Tech).
april 27, 2021 - new production zone in France for Symbio - source(Connaissance des énergies)
- Start-up end 2019: 50 employees, 350 in 2021, with a forecast of 600 thanks to the new plant
- Future plant project worth 140 million euros
- Start of production expected in 2023, for 200,000 systems produced per year by 2030
- Expected sales of 1.5 billion euros.
News
Schaeffler and Symbio's Innoplate bipolar wafer plant inaugurated in Haguenau 13/06/2024
- Inauguration of a plant to manufacture bipolar plates.
- - Equally-owned joint venture between Schaeffler and Symbio, called Innoplate.
- - Initial production capacity in March 2024: 4 million bipolar wafers per year.
- - Production target: 50 million units per year by 2030.
- - Schaeffler and Symbio are the sole customers for the bipolar plates produced.
- - Investment: 100 million euros
- - Employment: 40 people at present, with a target of 120 in the long term.
- - Innoplate production feeds Symbio's hydrogen fuel cell gigafactory in Saint-Fons, Rhône, with a capacity of 50,000 systems per year.
Political inauguration of the Symbio gigafactory 09/12/2023
- A new Symbio industrial plant was inaugurated on December 5 in Saint-Fons (Rhône, France), with an initial capacity of 16,000 fuel cell systems.
- The plant employs 750 people on site.
- Symbio has received nearly 600 million euros in European and national public funding.
- Investments planned by Symbio between 2021 and 2028 are in the region of one billion euros.
- Symbio's ambition is to produce 200,000 fuel cell systems a year and generate sales of 1.5 billion by 2030.
- The first target is to reach production of 50,000 systems a year by 2026.
- Their partner, Stellantis, has the capacity to assemble 5,000 hydrogen vehicles a year from 2024.
- Symbio hydrogen-powered vehicles sell for over €100,000
- The cost of energy represents up to 75% of the cost of hydrogen production.
Symbio to produce 50,000 hydrogen fuel cells annually 06/12/2023
- Symbio aims to produce 50,000 hydrogen fuel cell systems.
- The joint venture has earmarked one billion euros for industrial deployment by 2028
- More than half of this amount comes from the Hydrogen PIIEC, joint funding from the French government and the European Union.
- The production site currently employs 650 people, with a further 100 or so working at the Vénissieux site.
- The French government is supporting the hydrogen industry with a €9 billion plan.
- Symbio works with around 20 customers.
- Current production capacity is 5,000 units a year, but only 400 vehicles have been ordered to date.
- The cost of a hydrogen system is currently around €10,000.
- Symbio hopes to halve this cost by 2030.
Stellantis finalizes its entry into Symbio, alongside Faurecia and Michelin 16/05/2023
- Stellantis stake in Symbio: 33.3
- Symbio production target: 50,000 hydrogen fuel cells per year by 2025
- Total annual production capacity in France targeted by Symbio: 100,000 systems by 2028
- Job creation by Symbio in France: 1,000 jobs
- Symbio investment in a second gigafactory in France: €1 billion over seven years
- Symbio sales forecast for 2030: €1.5 billion
Symbio to open its first plant in the United States 06/05/2023
- France's Symbio, manufacturer of fuel cells for mobility
- Assembly plant to open in California by the end of the year
- Production capacity of 2,000 fuel cell systems per year by 2025
- Creation of 63 jobs in the 3,000-square-meter plant
- Symbio employs 600 people
- Gigafactory inaugurated in Saint-Fons in December
- Forecast sales of 1.5 billion euros by 2030
- Cumulative investment of one billion euros by 2028
Symbio: Stellantis invests in the hydrogen sector 02/01/2023
- Stellantis acquires a stake in fuel cell supplier Symbio
- The company aims to manufacture 50,000 fuel cells by 2025, rising to 100,000 by 2028, with the creation of 1,000 jobs
- The start-up is 50% owned by Stellantis, and 50% by Michelin
- The automotive group is banking on hydrogen for its commercial vehicles built at its Hordain plant in the Nord region of France
- The automaker aims to manufacture between 5,000 and 10,000 hydrogen-powered vans by 2024, compared with just 100 in 2021 and around 300 this year
Hydrogen: Symbio accelerates its industrial and commercial development 13/07/2022
- Symbio is a 50-50 subsidiary of Forvia and Michelin
- The Saint-Fons plant under construction could produce 50,000 batteries a year by 2025, rising to 100,000 by 2028
- 140 million euro investment 400 supplier jobs and 600 Symbio jobs
- Partnership with Engie and CNR to supply green hydrogen over 15 years, and with Horiba France to build test benches
- The plant is due to start up in summer 2023, with an initial capacity of 15,000 systems per year
Financial Data
DUNS: 521148890
Legal Name: SYMBIO
Address: 5 RUE SIMONE VEIL , 69200 VENISSIEUX
Number of employees: Entre 250 et 499 salariés (2020)
Capital: 1 022 040 EUR
Financial Data:
| Year | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|
| Turnover | 4 331 150 | 1 694 955 | 3 498 153 | 2 862 684 | 1 989 151 |
| Gross margin (€) | 2 280 233 | 2 656 914 | 2 362 996 | 2 010 568 | 1 118 358 |
| EBITDA (€) | -18 986 952 | -7 773 081 | -5 039 201 | -4 570 168 | -4 292 865 |
| Operating profit (€) | -21 390 456 | -8 594 230 | -6 579 552 | -6 826 047 | -5 492 529 |
| Net profit (€) | -21 060 478 | -8 366 240 | -5 989 858 | -6 550 602 | -5 131 982 |
| Turnover growth rate (%) | 155,5 | -51,5 | 22,2 | 43,9 | - |
| Ebitda margin rate (%) | -438,4 | -458,6 | -144,1 | -159,6 | -215,8 |
| Operating margin rate (%) | -493,9 | -507 | -188,1 | -238,4 | -276,1 |
| Working Capital (turnover days) | -93,4 | -84,4 | 58,5 | 210,6 | -399 |
| Working Capital requirements (turnover days) | -626,8 | 297,7 | 41,5 | 131 | -305,3 |
| Net margin (%) | -486,3 | -493,6 | -171,2 | -228,8 | -258 |
| Added value / Turnover (%) | -321,2 | -265,7 | -107,6 | -114,6 | -180,2 |
| Wages and social charges (€) | 5 642 147 | 4 196 746 | 2 713 289 | 2 096 420 | 1 584 215 |
| Salaries / Turnover (%) | 130,3 | 247,6 | 77,6 | 73,2 | 79,6 |
Company Managers:
| Position | First Name | Last Name | Age | |
|---|---|---|---|---|
| Président du conseil d'administration | Maude Laëtitia | PORTIGLIATTI | 51 | |
| Président du conseil d'administration | Olivier | LEFEBVRE | 52 | |
| Président | Philippe | ROSIER | 60 | |
| Administrateur | Amaury Emmanuel Gwenole Didier | TIBERGHIEN | 46 | |
| Administrateur | Olivier | LEFEBVRE | 52 | |
| Membre du conseil d'administration | Yann Henri Nicolas | BRILLAT-SAVARIN | 44 | |
| Membre du conseil d'administration | Vincent Denis Marie Joseph | ROUSSET-ROUVIERE | 60 | |
| Membre du conseil d'administration | Maude Laëtitia | PORTIGLIATTI | 51 | |
| Membre du conseil d'administration | Damien Pierre Marie | BUET | 46 |
Studies mentioning this company
The hydrogen market - France
Other companies mentioned:
- Mc Phy
- Hydrogenics
- Linde
- STEP (Hype)
- Symbio
- Ballard Power systems
- Toyota
- Faber Cylinders
- Forvia (ex Faurecia)
- Hydrogen Council
- Air Liquide
- EDF
- HDF (Hydrogène de France)
- Atawey
- Lhyfe
- Safra
- Elyse Energie
- Roth2
- Genvia
- Hélion Astom Hydrogen Alsthom
- Chemours
- HySiLabs
- Technip Energie
- Verso Energy
- 45-8 Energy
- Vallourec
- HEF Groupe
- Rely Solutions
- Fives Group
The electric cars market - France
Other companies mentioned:
- Tesla
- Nissan
- BMW Mottorrad
- Hyundai Motors
- Toyota
- LG Chem
- Symbio
- Saft
- Forsee Power
- Blue Solutions (Bolloré Groupe)
- Volvo Polestar
- Polycrystal
- MG Motor France
- Audi (Volkswagen Group)
- KIA
- Mini (BMW)
- Lexus France
- Cupra (Seat group)
- Mazda
- Smart
- DS Automobiles (Stellantis)
- Abarth
- Aiways Automobile
- Fisker
- Jeep
- Chevrolet
- Aston Martin
- Cadillac
- Stellantis (Groupe PSA et Fiat)
- Renault Groupe