Uber Isn’t Buying Hydrogen Economics In Paris. It’s Buying Access To… | HappeningNow.news

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Uber Isn’t Buying Hydrogen Economics In Paris. It’s Buying Access To Business Taxi

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.

Source AI Summary Published April 24, 2026 Brief Under 1 min brief
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Uber has invested in HysetCo, a Paris‑region firm that leases hydrogen‑powered taxis and runs much of the city’s refueling network, aiming to add nearly 2,000 hydrogen taxis to its platform within five years. The partnership is presented as a move toward zero‑emission business travel, yet the fleet consists mainly of Toyota Mirai sedans, which are not marketed as premium business vehicles. Hydrogen fuel costs in the Paris region are reported at €19.20‑€21.60 per kilogram, up from €16‑€18 per kilogram before VAT in 2025, making the energy cost per 100 km three to five times higher than that of battery‑electric cars.

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