Michelin materials, mobility options next

With China aiming to peak carbon dioxide emissions by 2030 and achieve carbon neutrality by 2060, Michelin Group, a French mobility company, plans to reap big dividends by advancing high-tech materials and hydrogen mobility, as well as by supplying more tires to the country's fast-growing electric vehicle (EV) sector in years 2021-25, the nation's 14th Five-Year Plan period, said a senior executive.

In addition to offering tire products to China's vast market, the French company will deploy more resources in high-tech materials, 3D metal printing, medical devices and hydrogen mobility during 2021-25, said Kamran Vossoughi, president and CEO of Michelin China.

"We will increase investment in hydrogen mobility development, hoping to bring everyone a better life in motion," he said at a recent Customer Experience Day.