REG-TotalEnergies SE TotalEnergies and Daimler Truck AG Partner to Develop Hydrogen Ecosystem for Transportation in Europe

TotalEnergies SEAnnouncement

10/11/2021 07:45

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TotalEnergies and Daimler Truck AG Partner to Develop Hydrogen Ecosystem for
Transportation in Europe

 

TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) and Daimler Truck AG have
signed today an agreement on their joint commitment to the decarbonization of
the road freight in the European Union. The partners will collaborate in the
development of ecosystems for heavy-duty trucks running on hydrogen, with the
intent to demonstrate the attractiveness and effectiveness of trucking powered
by clean hydrogen and the ambition to play a lead role in kickstarting the
rollout of hydrogen infrastructure for transportation.

The collaboration includes hydrogen sourcing and logistics, dispensing of
hydrogen in service stations, development of hydrogen-based trucks,
establishment of a customer base as well as other areas.

In particular, TotalEnergies has the ambition by 2030 to operate directly or
indirectly up to 150 hydrogen refueling stations in Germany, the Netherlands,
Belgium, Luxemburg and France. As part of the collaboration, Daimler Truck is
also to supply hydrogen-powered fuel-cell trucks to its customers in the
Netherlands, Belgium, Luxemburg and France by 2025. The truck manufacturer
will support its customers to ensure easy operability and highly competitive
uptime.

Alexis Vovk, President Marketing & Services at TotalEnergies and member of
the Executive Committee: “Hydrogen will have its role in TotalEnergies'
journey to decarbonize mobility, especially in European long-haul
transportation. Our company is actively exploring all aspects of the value
chain of Hydrogen for mobility, from production to supply and distribution,
and is building important partnerships to this effect. We want to build a
multi-energies company with the ambition to get to Net Zero by 2050, together
with society. Therefore, the creation of a European network of H2 truck
stations for mobility is one of the key challenges we intend to tackle. We are
proud to partner with a motivated player like Daimler Truck to develop
CO2-neutral truck mobility through a harmonized approach.”

Karin Rådström, CEO of Mercedes-Benz Trucks and Member of the Board of
Management at Daimler Truck said: “We are fully committed to the Paris
Climate Agreement and want to actively contribute to the decarbonization of
road freight transport in the European Union. Regarding the long-haul freight
segment, we are convinced that CO2-neutral transportation will be enabled in
the future by hydrogen-powered fuel cell trucks as well as purely
battery-powered trucks. For this, we want to establish a pan-European hydrogen
ecosystem together with strong partners such as TotalEnergies. I am fully
convinced that this collaboration will play a key role in our intensified
activities on the road towards hydrogen-powered trucking.”

In order to develop these projects and to establish hydrogen-based
transportation as a viable option, both companies want to jointly investigate
the means of reducing the Total Cost of Ownership (TCO) of hydrogen truck
operations, in line with their common approach to work together with
authorities on the regulatory framework in the European Union.

Daimler Truck and TotalEnergies are both members of the H2Accelerate
consortium. The two companies remain fully committed to working with the
consortium, a key vehicle to support the rollout of hydrogen-powered transport
in Europe in the coming decade.

***

About TotalEnergies

TotalEnergies is a global multi-energy company that produces and markets
energies on a global scale: oil and biofuels, natural gas and green gases,
renewables and electricity. Our 105,000 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.

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About TotalEnergies & Hydrogen

Total is looking into the production of clean hydrogen - blue or green -
produced using carbon neutral processes, from natural gas with carbon capture
and storage or based on intermittent renewable electricity. For several years,
the Group has been working on the development of concrete use cases, for the
decarbonization of industrial processes as well as in mobility and gas. Total
is notably involved as an industrial user, within its refineries, and as a
player in its development as a fuel, notably in Germany where 24 Total service
stations already offer hydrogen as part of the H2 Mobility joint venture.
Total is also an active member of several hydrogen-dedicated initiatives and
professional associations: the Hydrogen Council, Hydrogen Europe, the European
Clean Hydrogen Alliance and France Hydrogène.

About Daimler Truck

Daimler Truck has the ambition to offer only new vehicles that are CO2-neutral
in driving operation (“from tank to wheel”) in Europe, North America and
Japan by 2039. The company is focussed on both CO2-neutral technologies
battery power and hydrogen-based fuel-cells. Currently, the truck manufacturer
is testing a new enhanced prototype of its Mercedes-Benz GenH2 Truck on public
roads in Germany. The first series-produced GenH2 Truck are expected to be
handed over to customers starting in 2027. Daimler Truck has a clear
preference for liquid hydrogen. In this state, the energy carrier has a far
higher energy density in relation to volume than gaseous hydrogen. As a
result, the tanks of a fuel-cell truck using liquid hydrogen are much smaller
and, due to the lower pressure, significantly lighter. This gives the trucks
more cargo space and a higher payload. At the same time, more hydrogen can be
carried, which significantly increases the trucks’ range. This will make the
series version of the GenH2 Truck, like conventional diesel trucks, suitable
for multi-day, difficult-to-plan long-haul transport and where the daily
energy output is high.

Cautionary Note

The terms “TotalEnergies”, “TotalEnergies company” or “Company” in
this document are used to designate TotalEnergies SE and the consolidated
entities that are directly or indirectly controlled by TotalEnergies SE.
Likewise, the words “we”, “us” and “our” may also be used to refer
to these entities or to their employees. The entities in which TotalEnergies
SE directly or indirectly owns a shareholding are separate legal entities.
TotalEnergies SE has no liability for the acts or omissions of these entities.
This document may contain forward-looking information and statements that are
based on a number of economic data and assumptions made in a given economic,
competitive and regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TotalEnergies SE
nor any of its subsidiaries assumes any obligation to update publicly any
forward-looking information or statement, objectives or trends contained in
this document whether as a result of new information, future events or
otherwise. Information concerning risk factors, that may affect
TotalEnergies’ financial results or activities is provided in the most
recent Registration Document, the French-language version of which is filed by
TotalEnergies SE with the French securities regulator Autorité des Marchés
Financiers (AMF), and in the Form 20-F filed with the United States Securities
and Exchange Commission (SEC).

TotalEnergies Contacts 

Media Relations: +33 1 47 44 46 99 l presse@totalenergies.com
(mailto:presse@totalenergies.com) l @TotalEnergiesPR 
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Investor Relations: +44 (0)207 719 7962 l ir@totalenergies.com
(mailto:ir@totalenergies.com)

Daimler Truck Contacts 

Florian Laudan, +49 711 17-4 15 26, florian.laudan@daimler.com 
(mailto:florian.laudan@daimler.com) 
Alexandros Mitropoulos, +49 176 30 996021, alexandros.mitropoulos@daimler.com
(mailto:alexandros.mitropoulos@daimler.com)



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