Hydrogen Mobility: Total Supports the Development of the First Hydrogen Taxi Operator in Paris
26 Mai 2021 - 9:06AM
Dow Jones News
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT) announces the acquisition
of a stake in Hysetco, a French company dedicated to the
development of hydrogen mobility in cities. Hysetco owns the
largest fleet of hydrogen taxis in the world, launched in 2015 and
operated in the Île-de-France region under the Hype brand, as well
as hydrogen stations.
The Hype project aims to demonstrate for the first time on a
large scale the viability of zero-emission hydrogen vehicles for
urban mobility.
With the acquisition of a 20% stake, Total joins Hysetco's
historical shareholders: STEP (Société du Taxi Electrique
Parisien), Air Liquide, Toyota and Kouros.
Hysetco currently owns around 700 taxis in Paris, with still a
majority of diesel vehicles that will transition gradually to
become exclusively comprised of hydrogen vehicles by 2024. The
hydrogen taxis are fueled by a dedicated network of hydrogen
stations operated by Hysetco. This network is expected to expand in
the coming years to support the growth of hydrogen vehicle fleet.
Total will make its network of service-stations available to
Hysetco to contribute to the growth of this network of hydrogen
stations.
"This acquisition is a concrete commitment and an acceleration
for Total in hydrogen mobility. We are delighted to be working with
partners whose skills and expertise complement each other
throughout the hydrogen vehicle value chain," declared Patrick
Pouyanné, Chairman and CEO of Total. "After investing in the new
Bélib' network of charge points for electric vehicles, Total is
contributing to position Paris as a showcase for new carbon-neutral
urban mobility for businesses and consumers. Total is thus
continuing to accelerate its transformation into TotalEnergies, a
leading broad-energy player in the energy transition."
***
About Total & Hydrogen
Total is looking into the production of clean hydrogen - blue or
green -, produced using carbon neutral processes, from natural gas
with carbon capture and storage or based on intermittent renewable
electricity. For several years, the Group has been working on the
development of concrete use cases, for the decarbonization of
industrial processes as well as in mobility and gas. Total is
notably involved as an industrial user, within its refineries, and
as a player in its development as a fuel, notably in Germany where
24 Total service stations already offer hydrogen as part of the H2
Mobility joint venture. Total is also an active member of several
hydrogen-dedicated initiatives and professional associations: the
Hydrogen Council, Hydrogen Europe, the European Clean Hydrogen
Alliance and France Hydrogène.
About Total
Total is a broad energy company that produces and markets fuels,
natural gas and electricity. Our 100,000 employees are committed to
better energy that is more affordable, more reliable, cleaner and
accessible to as many people as possible. Active in more than 130
countries, our ambition is to become the responsible energy
major.
Cautionary Note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL SE directly or indirectly owns investments are separate legal
entities. TOTAL SE has no liability for their acts or omissions. In
this document, the terms "Total", "Total Group" and Group are
sometimes used for convenience. Likewise, the words "we", "us" and
"our" may also be used to refer to subsidiaries in general or to
those who work for them. This document may contain forward-looking
information and statements that are based on a number of economic
data and assumptions made in a given economic, competitive and
regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TOTAL
SE nor any of its subsidiaries assumes any obligation to update
publicly any forward-looking information or statement, objectives
or trends contained in this document whether as a result of new
information, future events or otherwise.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20210525006072/en/
CONTACT: Total
Media Relations: +33 1 47 44 46 99 l presse@total.com l
@TotalPress
Investor Relations: +44 (0)207 719 7962 l ir@total.com
SOURCE: Total
Copyright Business Wire 2021
(END) Dow Jones Newswires
May 26, 2021 02:52 ET (06:52 GMT)
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