Renault and Plug Power’s hydrogen joint venture nears bankruptcy: report

Hyvia had aimed to reach a 30% market share of fuel cell vans by 2030, but has run around amid a lack of market for H2 vehicles

A 1MW Plug Power electrolyser installed at the Hyvia manufacturing site in Flins, France.
A 1MW Plug Power electrolyser installed at the Hyvia manufacturing site in Flins, France.Photo: Renault
Published 5 December 2024, 11:35Updated 5 December 2024, 13:32
Plug PowerRenaultFranceFuel cellsRoad transport