Country for PR: United Kingdom
Contributor: PR Newswire Europe
Tuesday, October 25 2022 - 03:22
Credit Agricole Consumer Finance has signed an agreement with the French manufacturer Hopium for the delivery of 10,000 hydrogen-powered vehicles, reinforcing its commitment to green mobility
PARIS, October 24, 2022, /PRNewswire-AsiaNet/--

Agilauto, Credit Agricole Group's brand specialised in the financing and sale 
of cars in France, will offer the French manufacturer Hopium's hydrogen-powered 
sedan as part of programs for its private and business customers.

On the Paris Automotive Week, CA Consumer Finance, a subsidiary of the Credit 
Agricole Group and leading partner of the French economy, and Hopium, the first 
French manufacturer of high-end hydrogen-powered vehicles, have signed an 
agreement for a provisional order of 10,000 vehicles, which production is 
scheduled to start in 2025.

In addition, Hopium intends to recommend Credit Agricole Consumer Finance's 
solutions to its individual and professional customers.

"We are proud to support a French manufacturer of hydrogen-powered vehicles 
like Hopium and thus to contribute to the transformation towards green mobility 
of which Credit Agricole wants to become the leader in France and Europe," says 
Stéphane Priami, CEO of Credit Agricole Consumer Finance.

"We are delighted with this agreement with a leading financial partner. This 
will enable us to strengthen our commercial strategy with a projected order of 
1.2 billion euros. This is part of the French and European industrial revival 
in the production of clean vehicles," says Jean-Baptiste Djebbari, Chairman of 
the Board of Directors of Hopium.

"I would like to thank Credit Agricole Consumer Finance's teams for their trust 
and support with this groundbreaking order for 10,000 Hopium Machina. This 
announcement, which occurs at the closing of the Paris Automotive Week, is a 
strong signal that underlines the central role of hydrogen in tomorrow's 
mobility," declares Olivier Lombard, CEO of Hopium. 


Credit Agricole Consumer Finance, Credit Agricole S.A.'s consumer credit 
subsidiary, distributes (in France, mainly through its Sofinco brand) a wide 
range of loans and related services through all distribution channels: direct 
sales, point-of-sale financing (automotive and household equipment) and 
partnerships. Alongside major retailers and institutions in the 19 countries 
where it operates, CA Consumer Finance offers its partners flexible and 
responsible solutions tailored to their needs and those of their customers. 
Excellence in customer relationships, empowered teams for customers and 
commitment to society are the pillars that make CA Consumer Finance a group 
working every day in the interest of its 15 million customers and society. As 
of 30 June 2022, CA Consumer Finance managed €96.6 billion in outstanding loans.
Learn more: []


Hopium is the first French manufacturer of high-end hydrogen-powered vehicles 
and a key player in the field of zero emission mobility. Established in 2019, 
Hopium was founded by racing driver Olivier Lombard, winner of the 2011 edition 
of the 24 Hours of Le Mans competition and the most experienced hydrogen racer 
in the world. The race acted as an open-air laboratory which made it possible 
for Olivier Lombard and his team to reflect on new mobility solutions to meet 
contemporary environmental challenges. Bringing together leading partners and 
experts in the sectors of fuel cells, automotive engineering and advanced 
technologies, Hopium aims to restore the dialogue between mankind, nature and 
technology, in a search for a perfect balance. []

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ISIN: FR0014000U63
Mnemonic: ALHPI


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Source: Hopium, Credit Agricole Consumer Finance