Regulatory News:
Air Liquide (Paris:AI), CaetanoBus and Toyota Motor Europe
have signed a Memorandum of Understanding with the aim of
developing integrated hydrogen solutions. This will include
infrastructure development and vehicle fleets, to accelerate the
expansion of hydrogen mobility for both light and heavy-duty
vehicles. The partnership reflects the shared ambition of the three
partners to contribute to decarbonizing transport and accelerate
the development of local hydrogen ecosystems for multiple mobility
applications.
The three companies will use their complementary expertise to
address the entire value chain of hydrogen mobility, ranging from
renewable or low-carbon hydrogen production, distribution and
refueling infrastructure to the deployment of different vehicle
segments. Initially, the focus will be on buses, light commercial
vehicles and cars, with the further aim to accelerate the
heavy-duty truck segment.
By exploring joint opportunities, the three major players of
hydrogen mobility will contribute to the emergence of new hydrogen
ecosystems across Europe, a key step to stimulate the demand and
facilitate hydrogen access for other mobility applications. This
includes the infrastructure and refueling stations, as well as
integrated vehicle offers (leasing and service) to customers such
as taxi companies, fleet operators, local authorities, and others.
The integration of different applications and projects within a
hydrogen ecosystem, where supply and demand meet, will enable the
overall hydrogen infrastructure to further mature. This initiative
represents another step along the path of decarbonization, which is
consistent with the stronger focus from European governments and
the readiness of hydrogen technologies.
Matthieu Giard, Vice President, member of the Executive
Committee of Air Liquide, notably supervising Hydrogen
activities, said: “As a key solution to reduce CO2 emissions of
the mobility sector, low-carbon hydrogen is a crucial enabler of
the energy transition. Air Liquide is pleased to partner with
Toyota and CaetanoBus. Such partnerships are essential to create
efficient ecosystems that will foster the emergence of hydrogen
mobility in Europe. Air Liquide has been committed for more than 50
years to develop the entire hydrogen value chain and will bring its
expertise in both the production of low-carbon hydrogen and the
development of hydrogen mobility infrastructures. This partnership
illustrates the capacity of the industry to bring concrete
solutions to the fight against climate change.”
Matt Harrison, President and CEO at Toyota Motor
Europe comments: “We are excited by the opportunity to
combine our strengths to expand the development of hydrogen
clusters. Toyota’s role is to bring the hydrogen applications into
the ecosystem, and by working together with our partners we want to
accelerate and intensify the use of hydrogen as a carbon neutral
solution for mobility. This will gradually reduce the costs of
hydrogen and its infrastructure while improving the business case
for many future applications including mobility“
Patrícia Vasconcelos, CEO of CaetanoBus, said:
“It is a great pleasure to work on hydrogen projects with these
partners and have the chance to reinforce the role of new forms of
energy in the pursuit of a sustainable way of living. We are aware
of the responsibility of the mobility sector in this mission and
our goal as a bus manufacturer is to continuously develop new
hydrogen buses, to reduce the carbon footprint in the cities. If we
can do It in partnership to create a full ecosystem, the better it
is, because energy transitions are only effective with true
alignment between companies, countries, and policies.”
About Air Liquide
A world leader in gases, technologies and services for Industry
and Health, Air Liquide is present in 75 countries with
approximately 66,400 employees and serves more than 3.8 million
customers and patients. Oxygen, nitrogen and hydrogen are essential
small molecules for life, matter and energy. They embody Air
Liquide’s scientific territory and have been at the core of the
company’s activities since its creation in 1902.
Taking action today while preparing the future is at the heart
of Air Liquide’s strategy. With ADVANCE, its strategic plan for
2025, Air Liquide is targeting a global performance, combining
financial and extra-financial dimensions. Positioned on new
markets, the Group benefits from major assets such as its business
model combining resilience and strength, its ability to innovate
and its technological expertise. The Group develops solutions
contributing to climate and the energy transition—particularly with
hydrogen—and takes action to progress in areas of healthcare,
digital and high technologies.
Air Liquide’s revenue amounted to more than 23 billion euros in
2021. Air Liquide is listed on the Euronext Paris stock exchange
(compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX
50 and FTSE4Good indexes.
About Toyota Motor
Europe
Toyota Motor Europe NV/SA (TME) oversees the wholesale sales and
marketing of Toyota, GR (Gazoo Racing) and Lexus vehicles and parts
and accessories, as well as Toyota’s European manufacturing and
engineering operations. Toyota directly employs over 27,000 people
and has invested over EUR 10 billion in Europe since 1990. Its nine
European manufacturing plants are located in Portugal, the UK,
France, Poland, Czech Republic, Turkey and Russia. Today, there are
approximately 16.5 million Toyota, GR and Lexus vehicles on
European roads, whose drivers are supported by a network of 28
National Marketing and Sales Companies and around 2,800 retail
sales outlets in 53 countries (EU, UK, EFTA countries + Russia,
Israel, Turkey and other Eastern European countries). In 2021, TME
sold 1,076,300 vehicles in Europe for a 6.4% market share. For more
information, visit Facts & Figures (toyota.eu) and
www.toyota-europe.com.
Toyota believes that when people are free to move, anything is
possible. In the pursuit of "Mobility for All", Toyota aims to
create safer, more connected, inclusive and sustainable mobility to
achieve its mission of producing “Happiness for All”. In Europe,
TME launched the KINTO mobility brand which offers a range of
mobility services in 14 countries, and is growing its
business-to-business sales of zero-emission fuel cell products and
engineering support. Contributing to the UN Sustainable Development
Goals, Toyota is working to achieve carbon neutrality in its entire
business across Europe. A historic leader in CO2 reduction in
Europe, TME aims to achieve 100% CO2 reduction in all new vehicles
in Western Europe by 2035 and will continue to offer a full range
of electrified powertrains to customers across the region with its
hybrid, plug-in hybrid, battery and fuel cell electric vehicles.
When it comes to sustainability, Toyota is committed to Go Beyond.
Beyond Zero | Journey to a World Beyond Zero | Toyota Europe
(toyota-europe.com)
About CaetanoBus
CaetanoBus, part of Toyota Caetano Portugal and Mitsui & Co,
is a bus and chassis manufacturer in Portugal. The company has a
consolidated offer in vehicles for cities and airports which is a
result of its technical capacity in developing unique,
customer-oriented mobility solutions. CaetanoBus is also the
manufacturer of COBUS, the world’s market leader in airport bus
transportation. CaetanoBus has been focusing on electric mobility
since 1980. Follow us on LinkedIn.
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version on businesswire.com: https://www.businesswire.com/news/home/20220516006135/en/
AIR LIQUIDE CONTACTS Corporate Communications
media@airliquide.com Investor Relations
IRTeam@airliquide.com
CAETANOBUS CONTACTS Public Relations
raquel.santos@caetanobus.pt
TOYOTA MOTOR EUROPE Corporate Communication
An.Dua@toyota-europe.com
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