Hype

HYPE

pioneer of the zero-emission hydrogen mobility

Launch

When Mathieu Gardies created STEP (Société du Taxi Électrique Parisien) in 2009, the aim was to provide a zero-emission solution for Parisian taxis and address the urgent need to drastically reduce air and noise pollution in urban areas.

In 2014, after unfruitful trials with battery electric vehicles, he switched to hydrogen, a solution far more suited to intensive or random mobility. In 2015, following the sale of the world’s first mass-produced hydrogen-powered vehicles, he launched Hype, in Paris, on the occasion of COP21.

This fleet of hydrogen-powered taxis comprised five cars fuelled by the first hydrogen station, located at Place de l’Alma, in Paris.

Scaling up

Hype created HysetCo in 2017 for the first phase of its Parisian development; Air Liquide, Toyota and Total joined HysetCo in 2018, 2019 and 2021, respectively. Acceleration of Hype's development. By early 2022, Hype's fleet should exceed 700 hydrogen vehicles in the Île-de-France region, Hype will begin to open up to self-employed drivers with zero-emission mobility packages adapted to facilitate their transition to zero-emission and will announce the next two cities in which it will set up.
Hype will base this growth on the development of Hype Assets, its wholly-owned subsidiary created in 2021, to continue the deployment of the Hype network of green hydrogen stations in Paris and other cities, open to all. Through industrial partnerships with HRS and McPhy, two leaders in the French and European hydrogen industry, Hype will order a minimum of 12 stations with a capacity of 1 t/day of locally produced green hydrogen by June 30, 2023.

©Fred

Hype is developing a scalable and socially responsible business model in two stages, enabling its rapid deployment in France and internationally

PHASE 1

Since the company’s creation, all Hype taxi drivers have been salaried (permanent contracts) and have a stake in the project’s success via stock options. They benefit from health insurance, a transportation pass 100% reimbursed, innovative work tools and a dedicated support team.
The vehicles and stations are managed by Hype itself or with partners. The objective is to integrate, gain experience and de-risk the hydrogen ecosystem (vehicles and stations) to accelerate the transition to scale and reduce costs.

©Hype

PHASE 2

From 2022, Hype will offer its mobility services to all taxi operators, including independent drivers, so that they can shift from a combustion engine to zero-emission without any additional cost.
In this context, Hype will offer zero-emission mobility packages adapted to each individual's status, including a hydrogen vehicle, access to its network of stations and a mobile application to connect with customers.
By choosing a non-polluting solution at the same cost, customers will drive the sector's massive and rapid transition to this new zero-emission solution.

Ambitious short-term objectives

Hype’s objective is to deploy 10,000 hydrogen-powered taxis in the Ile-de-France Region by the Paris 2024 Olympic and Paralympic Games and, simultaneously, develop a network of twenty 1,000 kg/day stations, open to all, fuelled by green, locally produced hydrogen.
In parallel to its activities in Ile-de-France, Hype aims to deploy its platform in 15 other cities in France and other countries by the end of 2024 and create a fleet of ~40,000 hydrogen-powered taxis and nearly 100 stations of 1,000 kg /day, by the end of 2025.

Partners

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