Lhyfe and KEYOU sign MoU to develop hydrogen mobility

Press Release, 17 October 2024

Lhyfe is currently building its largest production facility in Schwäbisch Gmünd near Stuttgart, Germany. The plant, which is expected to be installed by the end of the year, will be capable of producing up to 4 tonnes of green hydrogen per day (10 MW installed capacity). Lhyfe has secured the supply of green electricity for this site by signing a long-term contract for the supply of renewable electricity (corporate PPA) with EDP Renewables, for a period of 15 years.

Lhyfe also announced in early September that the company will supply four filling stations operated by H2 MOBILITY Deutschland in Germany over a five-year period, starting in 2025. The first hydrogen deliveries will supply four filling stations, including two in Baden-Württemberg (Mannheim and Heidelberg). At the end of 2023, Lhyfe had announced that its green hydrogen will also be used to power the “H2-Aspen” industrial park and a JET H2 hydrogen filling station, now called MINT.

KEYOU is a recognized technology leader in the development of hydrogen combustion engines. The company is developing both a conversion technology, to convert existing diesel trucks into hydrogen vehicles that meet the zero-CO2 requirements of the EU heavy-duty vehicle legislation, and a “Hydrogen Mobility as a Service” approach, with a full range of services (vehicle and engine conversion, service and maintenance package, insurance and, if required, the fuel).

The two partners have announced that they have signed an agreement to develop hydrogen mobility in Germany and Europe, with an initial focus on the Baden-Württemberg region. KEYOU gives priority to regions capable of fueling its vehicles with green hydrogen.

With the production capacity planned by Lhyfe in the Schwäbisch Gmünd region, KEYOU would be able  to put up to 100 vehicles into operation between 2026 and 2030, with an annual ramp-up of 20 trucks. The project will start in the Schwäbisch-Gmünd area,  with other regions in Germany to follow. The estimated hydrogen demand for 100 vehicles is about 1,000 tons of hydrogen per year.

• The partners intend to work together to develop localized ecosystems that bring together the infrastructure for the production and distribution of renewable hydrogen, and the use of heavy-duty hydrogen vehicles.
• The partners intend to collaborate to develop a joint approach including vehicles, green and renewable hydrogen and refueling solutions, and promote it to key customers. The goal of the agreement is to secure the availability and affordability of green hydrogen to power KEYOU’s hydrogen vehicles operation.
• KEYOU will use Lhyfe’s digital platform, Lhyfe Heroes, to showcase its vehicles and encourage interested users to get in touch.

“Hydrogen mobility will only make a real difference if the hydrogen used is green. At KEYOU, we want to deploy our truck fleets in regions where green hydrogen is available to our customers. We are therefore pleased to join forces with Lhyfe, one of the pioneers in the production and distribution of this green fuel in Germany and Europe. Our coordinated development opens up great opportunities,” says Pedro Bravo, Chief Sales Officer of KEYOU.

Luc Graré, Head of Central & Eastern Europe at Lhyfe: “This agreement with KEYOU completes the implementation of a comprehensive hydrogen mobility offer in Germany, and more specifically in Baden-Württemberg. Thanks to the determination and boldness of a number of players, green hydrogen production, distribution with JET H2 (MINT) and H2 MOBILITY Deutschland, a range of vehicles with KEYOU and a platform with Heroes are now available. Together, we are making the energy transition ambitions of transport operators a reality”.

About Lhyfe

Lhyfe is a European group devoted to energy transition, and a producer and supplier of green and renewable hydrogen. Its production sites and portfolio of projects seek to provide access to green and renewable hydrogen in industrial quantities, and enable the creation of a virtuous energy model capable of decarbonising entire sectors of industry and transport.

In 2021, Lhyfe inaugurated the first industrial-scale green hydrogen production plant in the world to be interconnected with a wind farm. In 2022, it inaugurated the first offshore green hydrogen production pilot platform in the world.

Since then, it inaugurated two new sites, and currently has several sites under construction or expansion across Europe.

Lhyfe is represented in 12 European countries and had 200 staff at the end of June 2024. The company is listed on the Euronext market in Paris (ISIN: FR0014009YQ1 – LHYFE). Lhyfe.com

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About KEYOU

KEYOU is a successful clean mobility company based in Munich which developed innovative hydrogen technologies since 2015. With its technology approach, KEYOU is transforming conventional diesel engines into emission-free hydrogen engines – cost-efficiently and without extensive modifications to the base engine. With the engine conversion and integration of a hydrogen tank system, KEYOU offers its customers emission-free, efficient, and economical hydrogen vehicles – without compromising performance, capacity, and range.

In addition to conversion and a CO2-free “second life” for existing vehicles, KEYOU’s “Hydrogen Mobility as a Service” approach is a fully comprehensive hydrogen mobility solution. The package ranges from the vehicle and engine conversion over fuel and infrastructure to insurance, service, and maintenance. With KEYOU, zero-emission mobility becomes a reality.

About Lhyfe Heroes

Launched in November 2022 by the green and renewable hydrogen producer and supplier Lhyfe, Heroes is the first digital platform developed to facilitate mobility players’ transition to hydrogen and the exchange of hydrogen through the Marketplace. The platform is aimed at all hydrogen pioneers, be they project initiators looking at hydrogen solutions or who already have hydrogen projects underway and seek equipment, or “trusted vendors” wishing to offer mature, market-ready solutions. www.lhyfe-heroes.com