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Home Air Liquide and TotalEnergies announce the launch of TEAL Mobility, a joint venture to create the leader in hydrogen distribution for heavy duty vehicles in Europe

The following content is a news release issued by . The original news release may be found here.

Air Liquide and TotalEnergies announce the launch of TEAL Mobility, a joint venture to create the leader in hydrogen distribution for heavy duty vehicles in Europe

Paris, France, January 30, 2024

On the occasion of Hyvolution 2024, Air Liquide and TotalEnergies announce the creation of TEAL Mobility. Equally owned by the two companies, TEAL Mobility will accelerate the development of hydrogen for heavy duty trucks by offering a network of 100 stations on major European corridors. This approach contributes to reinforce the momentum given to the entire industry, from truck manufacturers to transport operators.

TEAL Mobility aims to develop more than 100 hydrogen stations over the next decade, creating the first transnational European network of this size - under the TotalEnergies brand. TEAL Mobility will be operating around 20 stations in France, the Netherlands, Belgium, Luxemburg and Germany from 2024.

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TEAL Mobility provides a solution for transport and logistics operators committed to reducing their CO2 emissions. Hydrogen is particularly well-suited to long-distance road transport, as it enables rapid refueling - in about 15 minutes - and a long range - around 800 km - while preserving vehicle loading capacity.

The joint venture combines the expertise of its two founding companies: technologies and mastery of the entire hydrogen value chain on the one hand, and the operation and management of station networks and the distribution of energy to BtoB customers on the other.

TEAL Mobility markets hydrogen to transportation customers through a network of stations that the joint venture develops, operates and supplies.

About Air Liquide
A world leader in gases, technologies and services for Industry and Health, Air Liquide is present in 73 countries with approximately 67,100 employees and serves more than 3.9 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 29.9 billion euros in 2022.

Air Liquide is listed on the Euronext Paris stock exchange (compartment A) and belongs to the CAC 40, CAC 40 ESG, EURO STOXX 50, FTSE4Good and DJSI Europe indexes.
www.airliquide.com

About TotalEnergies
TotalEnergies is a global multi-energy company that produces and markets energies: oil and biofuels, natural gas and green gases, renewables and electricity. Our more than 100,000 employees are committed to energy that is ever more affordable, cleaner, more reliable and accessible to as many people as possible. Active in more than 130 countries, TotalEnergies puts sustainable development in all its dimensions at the heart of its projects and operations to contribute to the well-being of people.

The TEAL Mobility website can be accessed at  https://tealmobility.com/

Air Liquide contacts
Corporate Communications
media@airliquide.com
Investor Relations
IRTeam@airliquide.com

TotalEnergies contacts
Media Relations
presse@totalenergies.com / +33 (0)1 47 44 46 99
Investor Relations
ir@totalenergies.com / +33 (0)1 47 44 46 46...

Read the full news release here

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