The Paris Commercial Court has approved Hopium’s recovery plan, which will see the company’s shift from developing premium hydrogen-powered passenger cars to becoming a fuel cell supplier for the heavy-duty mobility market.
In 2023 the French firm was placed into receivership, in which an independent third party takes control of company assets, operations and finances. At the time, the court froze Hopium’s debts as it determined a recovery plan.
The focus is now on delivering 100kW and 200kW fuel cell modules, which Hopium has said will be 30% smaller and 20% lighter than competitor products, weighing 25kg.
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