Summary

Uber has invested in HysetCo, the Paris-region company that leases hydrogen taxis and operates much of the refueling network that supports them, with the stated goal of adding nearly 2,000 hydrogen taxis to Uber’s platform over five years. The official story is cleaner zero-emission business travel in Paris, but given hydrogen’s high fuel costs, weak station economics, and the unremarkable vehicle fleet, the obvious question is: why? The vehicles are mostly Toyota Mirais, which are competent sedans but hardly compelling premium business cars, something the press releases are claiming.

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