These complementary projects, which in total have been awarded more than €55 million, will accelerate the deployment of the network of 26 Hype stations open to all in the Greater Paris area, while supporting the development of heavy-duty vehicles and intensive mobility in urban and suburban areas: last-mile logistics (light commercial vehicles), heavy goods trucks, buses and waste collectors, as they enter the market.

As part of the strategic alliance with the VINCI Group, VINCI Energies will be responsible for building these 26 new stations, while VINCI Concessions has invested €15 million in Hype (1).

Mathieu Gardies, Chairman and CEO, founder, and majority shareholder of Hype, said:
« For 7 years now, we have been demonstrating the relevance of hydrogen, complementary to battery solutions, in order to facilitate and accelerate the transition of certain inevitable forms of mobility towards ‘zero tailpipe emissions’. Our integrated model, which simultaneously provides the sourcing and distribution of renewable hydrogen, as well as its uses, with taxis as the first market that we directly operate in, confirms its relevance and robustness to successfully scale up hydrogen mobility. The ‘CEF – Transport – AFIF’ grant from the European Union and the ‘Ecosystèmes territoriaux hydrogène’ grant from ADEME, as well as our strategic alliance with the VINCI group, along with our other partners Akuo, HRS, McPhy and the Banque des Territoires, once again validate the unique model developed by Hype. This support will enable us to accelerate the deployment of our network of renewable hydrogen stations in the Greater Paris area, which we are also going to extend in the very near future to new regions in France and abroad.”