Hyvia: Renault’s Hydrogen Subsidiary in Peril

Hyvia, a joint venture of Renault and Plug Power, is insolvent. The slow emergence of the hydrogen market is to blame.

French automaker history. Despite a promising launch in 2021, Hyvia is facing a major crisis. Specializing in hydrogen utility vehicles, this Renault subsidiary and Plug Power employs 110 people in Flins (Yvelines). However, the European hydrogen market is slow to take off, leaving the company on the verge of liquidation.

Hyvia had already taken measures. Starting in 2022, fuel cell production began in a 3,000 m² facility in Flins. These fuel cells equip utility vehicles assembled in Batilly (Meurthe-et-Moselle). Early 2025 was expected to see an increase in production thanks to the launch of the Renault Master H2-Tech. This vehicle promised a record-breaking range and fast recharge times—major advantages for logistics companies and local authorities.

Adoption slowed by numerous obstacles

Despite these ambitions, the high cost of vehicles and the lack of a charging station network limit sales. Decarbonized hydrogen production in Europe remains insufficient. These barriers heavily impact market prospects.

In response to this situation, Hyvia recently informed its union representatives of its financial difficulties. According to Force Ouvrière and the CGT, the company is insolvent and could soon be liquidated. Renault, for its part, states that it is working with Plug Power to prevent this scenario, but caution still prevails.

The possible failure of Hyvia highlights the challenges hydrogen faces in the automotive industry. While this technology remains promising for heavy transport, its adoption in light utility vehicles remains limited. Renault will likely need to redirect its strategy, particularly towards the mature and profitable electric sector.

Also read: La Roche-sur-Yon ordered 2 hydrogen-powered Iveco buses