By Kim Richters

 

France's Total SE said Wednesday that it has acquired a 20% stake in hydrogen-taxi company Hysetco.

The oil major didn't disclose the financial terms of the investment in the French company, which operates the hydrogen-mobility project under the Hype brand.

Hysetco is a joint-venture created by a number of companies including industrial-gas supplier Air Liquide SA and auto maker Toyota Motor Corp.

 

Write to Kim Richters at kim.richters@wsj.com

 

(END) Dow Jones Newswires

May 26, 2021 02:48 ET (06:48 GMT)

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