Hyzon Motors, through its Marketing & Services business, has inked a memorandum of understanding (MoU) with TotalEnergies.
The agreement reaffirms the two companies’ combined commitment to evaluating and developing hydrogen refueling and vehicle supply options for long-haul transport in Europe.
By integrating their current infrastructure and technologies, Hyzon and TotalEnergies hope to make it easier for fleet owners to shift to renewable hydrogen fuel. TotalEnergies, which maintains more than 15,500 service stations worldwide, and Hyzon, a prominent supplier of hydrogen fuel cell-powered trucks, both offer hydrogen filling stations and hydrogen-powered vehicles.
This memorandum of understanding improves an already strong commercial partnership between one of the world’s top energy corporations and a leading supplier of hydrogen commercial vehicles. TotalEnergies previously invested directly in Hyzon in 2020 through its venture arm, TotalEnergies Ventures, to assist in funding the expansion of Hyzon’s production and engineering centers in the United States, Europe, and China.
Additionally, TotalEnergies is a member of the Hyzon Zero Carbon Alliance, an organization dedicated to promoting the global growth of the hydrogen ecosystem.
A first concrete operational step is the announcement of the signing of a new Memorandum of Understanding between Hyzon and TotalEnergies, this time through TotalEnergies Marketing France, which is responsible for the company’s service stations network and new mobility solutions in France. The firms will collaborate on ecosystem development and will ensure the production of 80 hydrogen fuel cell-powered trucks for TotalEnergies’ French customers by 2023.
Hyzon’s goal, starting with trials, is to eventually provide clients in Europe with a hydrogen fuel cell truck with a total cost of ownership (TCO) comparable to diesel-powered commercial vehicles.
“At TotalEnergies, we are convinced that hydrogen is a mobility solution of the future. That is why TotalEner-gies Ventures previously invested in Hyzon Motors,” said John Wilson, vice president, Gas Mobility at the Marketing & Services division of TotalEnergies “The annoucement today takes that relationship further, giv-ing the company a leverage to expand the reach of hydrogen in the commercial vehicle market in Europe. To achieve our climate ambition of net zero emissions by 2050, together with society, hydrogen fuel cell-pow-ered trucks must come to market. We are therefore excited about this partnership with Hyzon.”
“It’s rare to find a company as committed to the energy transition as Hyzon – but we’ve found that in TotalEnergies. While this is another important development in our relationship, we don’t expect it to be the last,” Craig Knight, CEO of Hyzon said. “Hydrogen will play a significant role in decarbonizing transport and we look forward to working with one of the world’s leading energy companies to deploy hydrogen solutions at scale across Europe. Their relationships, customer base and current infrastructure are a huge asset as we aim to make it as easy as possible for fleet owners to make the switch to hydrogen.
