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Renault And Plug Power Announce The Creation Of A Joint Venture Known As Hyvia, Which Will Produce And Distribute Hydrogen Vehicle Technologies. The Company Will Be Launched By The End Of This Year
The Joint Venture Between Renault And Plug Power, Hyvia, Was Established With The Goal Of Producing And Distributing Hydrogen Vehicle Technologies. According To Renault, The New Company With Plug Power Will Be Launched By The End Of 2021.
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Renault And Plug Power Joint Venture Will Have Four Operational Units
The Goal Of The New Company Will Be To Supply Hydrogen For Vehicles And Also Provide A Charging Infrastructure Across Europe. According To Renault, For Now The Company Supplying Hydrogen Will Have Four Operational Units In France. However, By The End Of This Year, The Joint Venture Is Expected To Assemble Fuel Cells At The Flins Factory In Aubergenville, Approximately 50 Km From Paris, As Well As Hydrogen Charging Stations.
Likewise, The New Company From Renault And Plug Power Will Launch Three Commercial Vehicles Based On French Models Powered By Fuel Cells. Thus, Hyvia Is Expected To Introduce The Master H2-TECH, A Van With 12 M³ Of Useful Volume That Will Be Able To Deliver A Range Of Up To 500 Km. Additionally, The Company States That It Will Also Launch The Master H2-TECH With A Capacity Of 19 M³, But With A Range Of Up To 250 Km.
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Joint Venture Will Offer Exclusive Services
Speaking Of The Master Citybus H2-TECH, It Will Be A Vehicle Aimed At Passenger Transport, A Type Of Urban Minibus For Up To 15 People. According To Hyvia, The Vehicle Will Have A Range Of Up To 300 Km.
Therefore, The Vehicles Will Use An Architecture Known As “Dual Power,” Meaning They Will Be Electric Powered By Hydrogen. The Vehicles Have 33 KWh Batteries, A 30 KW Fuel Cell, And Tanks With Capacities Of 3 To 7 Kg Of Hydrogen Depending On The Version. According To Hyvia Executives, Exclusive Maintenance And Financing Services Will Be Created Such As A Leasing System For The Purchase Of Charging Stations. In Any Case, Maintenance Of The Vehicles Can Be Done At Renault Dealerships.
According To The President Of Hyvia, David Holderbach, The Company Offers Integrated And Complete Mobility Solutions And Also States That The Company Will Handle Storage, Distribution, And Even Production Of Hydrogen For Various Light Commercial Vehicles.
Get To Know Renault And Plug Power
With Over 170,000 Employees Spread Across 39 Countries, Renault Has Over 40 Factories, 3 Innovation Labs, 6 Technical Centers, And Operates 5 Brands. Just Last Year, The French Automaker Was Responsible For The Sale Of Nearly 3 Million Vehicles. The Company Aims To Become Competitive Again By Reducing Costs And Generating Profits By 2023. In 2025, It Plans To Renew And Enrich Its Line-Ups, Increasing The Brand’s Profitability And Also Plans To Redirect Its Business Model Toward Technology, Energy, And Mobility In The Same Year To Define Its Position As A Pioneer In The Value Chain Of The New Vehicle Trend.
Plug Power Is A Leading Provider Of Complete Hydrogen Fuel Cell Solutions. Amid A Continuing Electric Transition To Combat Climate Change, Its Innovative Technology Provides Energy Gains And Helps Your Company Meet Sustainability Goals.
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