Uber takes stake in French hydrogen taxi start-up
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Uber takes stake in French hydrogen taxi start-up
""This partnership with Uber sends a strong signal that hydrogen mobility is ready for large-scale deployment," HysetCo's president Loic Voisin said in a statement."
""With hydrogen vehicles, we are completing our arsenal of vehicles for zero-emission trips for taxis and taking a new step in our shift to clean mobility," said Uber's director for France, Laureline Serieys."
Uber is investing in HysetCo, a French hydrogen taxi company, with plans to have 2,000 hydrogen models on its platform for business clients in five years. This marks Uber's first investment in a French company, made through a convertible loan. The company is expanding its presence in taxi markets globally, focusing on clean-energy vehicles and autonomous driving. Currently, Uber has about 5,000 taxis in Paris, while HysetCo operates around 800 vehicles with a hydrogen charging network.
Read at The Local France
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