Hydrogen mobility pioneer HysetCo’s acquires taxi firm Slota

Mergers & Acquisitions | South East | Transport & Distribution

HysetCo, an asset management firm devoted to the development of hydrogen
energy, which owns the world’s largest fleet of hydrogen taxis, operated by Hype, has announced the acquisition of Slota Group, a taxi operator.

In order to finance the acquisition of Slota Group through investment fund Naxicap, and to build two new hydrogen refueling stations, HysetCo and Hype put together a group of financial partners, including RGREEN INVEST, Mirova, RAISE Impact and Eiffel Investment Group.

As part of this deal, Air Liquide has also increased its commitment. Thanks to this fundraising campaign, HysetCo and Hype have now raised over €100m in investment.

The President of HysetCo, Loïc Voisin, said: “We are delighted to add Slota’s skills and recognised know-how to HysetCo’s unique offering, which combines infrastructure, vehicles, and the use of the world’s largest fleet of hydrogen taxis. At this key stage, HysetCo is confirming its innovative positioning at the cutting-edge of zero-emission hydrogen urban mobility, as well as its strong growth momentum contributing to pollution-free cities today and in the future.”

Did you enjoy reading this content?  To get more great content like this subscribe to our magazine

Reader's Comments

Comments related to the current article

Leave a comment

Your email address will not be published. Required fields are marked *