Hype Partners with Akuo to Deploy Vehicle Fleets, Green Hydrogen Stations in Paris

Given the public health emergency of air and noise pollution and the challenges of decarbonising transport, Hype, a pioneer in hydrogen mobility founded by Mathieu Gardies in 2015, and Akuo, an independent French producer of renewable energy, co-founded by Éric Scotto and Patrice Lucas in 2007, are combining their initiatives in the Paris region with the Last Mile and H24byHype projects.

The combination of these two projects will enable Hype to deploy1 at least 20 high-capacity stations (1,000 kg/day each) and six smaller stations in the Paris region by 2024, thus ensuring a coherent development of station networks and uses around Paris, with a density and scale fully adapted to demand.

As part of the partnership established with Akuo, Hype, via its subsidiary Hype Assets, is investing in the Last Mile project. Initially developed by Akuo, this project for a shared green hydrogen mobility ecosystem for lastmile delivery players includes the deployment in the Paris region by 2024 of hydrogen vehicle fleets and a network of 16 green hydrogen stations. The Last Mile project is supported by ADEME, the Ile-de-France Region and the European Union (CEF programme – Connecting Europe Facility) via public subsidies. The initiative also has the support of Banque des Territoires, a shareholder of Hype and key partner of the Last Mile project, which thus confirms its strong commitment to hydrogen mobility.

The Last Mile project reinforces the H24byHype project submitted by Hype Assets in September 2021 to ADEME as part of the “Hydrogen Territorial Ecosystems” call for projects. The aim of these two complementary initiatives is to create the first hydrogen mobility ecosystem for the Paris region between 2022 and 2024, with the Olympic and Paralympic Games (JOP) in sight, while facilitating and accelerating the most promising uses of hydrogen mobility, namely the deployment of 10,000 Hype taxis, light and heavy commercial vehicles, buses and service vehicles such as refuse-collection trucks.

Finally, Hype, Akuo and Ecolotrans, with the support of Banque des Territoires, are announcing the launch of the H24 Club for Paris, whose objective is to identify and promote concrete short-term entrepreneurial and citizen initiatives to improve air and noise quality in the Paris region between now and the 2024 Olympic Games.

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