Hyperdrive
Toyota-Backed Paris Venture Targets 10,000 Hydrogen Taxis by 2024
- HysetCo. raises 80 million euros to hasten shift among taxis
- Paris has announced plans to get polluting cars off the road
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A French company plans to persuade 10,000 Paris taxi drivers to switch to hydrogen-powered cars by the time the Olympic Games come to town in three years.
HysetCo., a venture part-owned by Toyota Motor Corp. and Air Liquide SA, has raised 80 million euros ($97 million) to help hasten the shift, it said Tuesday. When Paris hosts the world’s top sporting showcase in summer 2024, the city will already be rid of diesel cars, ahead of a ban on gasoline cars from 2030.