Net Zero transition and hydrogen: believe the Hype?

Since 2015, a growing fleet of hydrogen taxis has clocked up more than 6 million km in the Paris area, transporting over 800,000 passengers. The electric vehicles’ livery is unmistakable, with a clouds-on-blue-sky design catching the eye.

Even though it trades under the “Hype” name, its partners and backers are multinational industrialists (e.g. Air Liquide, Hyundai, Toyota, Total Energies) or finance heavyweights (CDC, France’s largest institutional investor Caisse des Dépôts). Having acquired a taxi competitor a few months ago, it is converting its 600 cabs-strong [1]  and growing what is already the world’s largest hydrogen taxi company.

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