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Boulogne-Billancourt, June 3, 2021. Renault Group, a dominant player in the #automotive industry, and Plug Power Inc. (NASDAQ: PLUG), a world leader in turnkey hydrogen and fuel cell solutions, are today launching #hyvia, as announced on January 12th, 2021. The joint venture is equally owned by the two partners and is chaired by David Holderbach, with over 20 years of experience in strategic, product and international sales at the #renault Group.
The name #hyvia is a contraction of “HY” for hydrogen and the Latin word “VIA” for road, embodying the ambition to open a new path towards low-carbon #mobility. Commercial vehicles such as LCVs require greater range and shorter refueling time, operational demands where hydrogen fuel cells are the unparalleled energy solution.
HYVIA's activities will be carried out at existing #renault facilities in France:
Further information in the press release to download
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