Lhyfe has signed a Memorandum of Understanding (MoU) with KEYOU to advance hydrogen mobility in Germany and Europe. Lhyfe is constructing a production plant in Schwäbisch Gmünd, near Stuttgart, Germany, which is expected to be operational by year-end. The facility will produce up to 4 tonnes of green hydrogen daily (with a 10 MW installed capacity). Lhyfe has secured a 15-year corporate PPA with EDP Renewables to ensure a steady supply of renewable electricity.

Furthermore, with this production capacity, KEYOU aims to deploy up to 100 hydrogen-powered vehicles between 2026 and 2030, starting in the Schwäbisch-Gmünd area and expanding to other German regions. The project will see an annual ramp-up of 20 trucks, with an estimated hydrogen demand of around 1,000 tonnes per year to support 100 vehicles.

Earlier this year, Lhyfe signed a five-year agreement with H2 MOBILITY Deutschland to supply green hydrogen for the transportation sector. The initial supply will support four H2 MOBILITY fueling stations in Baden-Württemberg and Rhineland-Palatinate, beginning with locations in Ludwigshafen and Frankenthal.