Total invests in French hydrogen taxi operator
France's Total announced on May 26 it had acquired a stake in a hydrogen-fuelled taxi operator operating in the Paris region.
Hysetco, set up in 2019 by Air Liquide, Idex, Toyota and Societe du Taxi Electrique Parisien, owns around 700 taxis in Paris and while most still run on diesel, it already operates the largest number of hydrogen-fuelled taxis in the world. Its fleet is expected to exclusively run on hydrogen by 2024 and it also operates hydrogen stations.
|
Advertisement: The National Gas Company of Trinidad and Tobago Limited (NGC) NGC’s HSSE strategy is reflective and supportive of the organisational vision to become a leader in the global energy business. |
"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," Total CEO Patrick Pouyanne commented.
Total already offers hydrogen at some of its filling stations in Germany and is also looking to produce the fuel, both from water using electrolysers powered by renewables and from natural gas, while capturing and storing CO2 emissions from the process. The company has also invested in the Belib network of charge points for electric vehicles in France, as another means of decarbonising vehicle transport.