Hyzon Motors, TotalEnergies deepen hydrogen mobility partnership
Companies signed a MoU to accelerate the deployment of hydrogen-powered trucks and refueling infrastructure for long-haul transport across Europe.
Hyzon Motors Inc. And TotalEnergies signed a memorandum of understanding (MoU) to further evaluate and develop hydrogen refueling infrastrcuture and vehicle supply solutions for long-haul transport to customers across Europe, according to a company’s press release.
The MoU strengthens the existing commercial relationship between one of the world’s largest energy companies and a leading supplier of hydrogen commercial vehicles. TotalEnergies previously made a direct investment in Hyzon through its venture arm, TotalEnergies Ventures in 2020, to help fund the buildout of Hyzon’s manufacturing and engineering centers in the United States, Europe and China.
A first concrete operational step is the announcement of the signature of an additional MoU between Hyzon and TotalEnergies, this time through its French affiliate TotalEnergies Marketing France, which oversees its service-stations network and new mobilities solutions in France. Under this second MoU, the companies will collaborate on developing ecosystems and will secure by 2023 the production of 80 hydrogen fuel cell-powered trucks for TotalEnergies’ French customers.
Starting from trials, Hyzon aims to eventually be able to supply customers with a hydrogen fuel cell truck at total cost of ownership (TCO) parity with diesel-powered commercial vehicles in Europe.
TotalEnergies, which operates over 15,500 service stations globally, and Hyzon, a leading supplier of hydrogen fuel cell-powered trucks, already have hydrogen refueling stations and hydrogen-powered vehicles in operation, respectively.
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