Renault and Plug power formed Hyvia.

Renault, a French automobile and motor carrier manufacturer, and Plug power, a fuel cell company developing hydrogen energy solutions, formed Hyvia, a complete hydrogen ecosystem. Financial terms were not disclosed. "As a pioneer in new energies and the European leader in electric light commercial vehicles, Renault Group is pursuing its objective of having the greenest mix on the market by 2030 with the creation of HYVIA. This joint venture integrates the entire hydrogen mobility ecosystem in a unique way, from the vehicle to infrastructure and turnkey services for customers. The development of this cutting-edge technology will enable us to strengthen our industrial base and set up new value-generating activities in France in this promising segment," Luca de Meo, Renault Group CEO.