Faurecia closes CLD acquisition: Type IV homologation granted to accelerate deployment of hydrogen mobility in China | Faurecia

Faurecia closes CLD acquisition: Type IV homologation granted to accelerate deployment of hydrogen mobility in China | Faurecia: 

On April 30th, 2021 Faurecia successfully completed the final closing of its acquisition of CLD, one of the leading Chinese manufacturers of hydrogen tanks. Headquartered in ShenYang, CLD has around 200 employees and 2 plants in Liaoning with a capacity of 30,000 tanks per year.