VINCI Concessions has announced the completion of EUR 15 million investment in Hype, the developer behind France’s first integrated hydrogen mobility platform and an operator of a large hydrogen taxi fleet. Alongside this investment, VINCI Concessions and Hype have entered into a strategic partnership to accelerate the deployment of hydrogen mobility infrastructure in France and around the world.As part of this partnership, Hype will task VINCI Energies with building new hydrogen production and distribution infrastructure in the Greater Paris area. In total, 26 refuelling stations with locally produced hydrogen, including 20 with a capacity of 1 tonne per day, are expected to open for public use in the next three years.Moreover, VINCI Concessions will leverage its resources to help Hype deploy its network of stations in other regions across France and further afield, including by drawing on VINCI Energies’ expertise in hydrogen.Launched in Paris in 2015 on the occasion of COP 21 and in response to the public health emergency of air and noise pollution in urban areas, Hype is developing the first hydrogen mobility platform integrating supply, production, distribution and uses, with taxis as the first relevant market. Hype, which has been operating the world’s largest fleet of hydrogen-powered taxis for the past seven years, now seeks to drive a rapid and mass transition to zero-emission taxis and professional mobility modes. Leveraging its speed of execution, its agility and its scalable model facilitating the use of zero-emission mobility solutions for as many drivers and customers as possible in the short term, Hype plans to deploy its platform in 15 other regions across France and around the world by the end of 2025.
VINCI Concessions has announced the completion of EUR 15 million investment in Hype, the developer behind France’s first integrated hydrogen mobility platform and an operator of a large hydrogen taxi fleet. Alongside this investment, VINCI Concessions and Hype have entered into a strategic partnership to accelerate the deployment of hydrogen mobility infrastructure in France and around the world.As part of this partnership, Hype will task VINCI Energies with building new hydrogen production and distribution infrastructure in the Greater Paris area. In total, 26 refuelling stations with locally produced hydrogen, including 20 with a capacity of 1 tonne per day, are expected to open for public use in the next three years.Moreover, VINCI Concessions will leverage its resources to help Hype deploy its network of stations in other regions across France and further afield, including by drawing on VINCI Energies’ expertise in hydrogen.Launched in Paris in 2015 on the occasion of COP 21 and in response to the public health emergency of air and noise pollution in urban areas, Hype is developing the first hydrogen mobility platform integrating supply, production, distribution and uses, with taxis as the first relevant market. Hype, which has been operating the world’s largest fleet of hydrogen-powered taxis for the past seven years, now seeks to drive a rapid and mass transition to zero-emission taxis and professional mobility modes. Leveraging its speed of execution, its agility and its scalable model facilitating the use of zero-emission mobility solutions for as many drivers and customers as possible in the short term, Hype plans to deploy its platform in 15 other regions across France and around the world by the end of 2025.
