Industrial investment company Kouros—an emerging leader in sustainable energy transitions—is dedicated to scale disruptive innovations to foster sustainable energy transition, especially in transportation. As part of an ongoing partnership with Kouros, frog and Capgemini teams supported the launch of Hyliko: an innovative mobility service platform for decarbonizing heavy-duty mobility with hydrogen.
As one of the largest and fastest growing sources of greenhouse gas emissions worldwide, transportation is a major contributor to global warming. To reach net zero by 2050 and limit global warming to 1.5 degrees by 2100, it’s imperative that we transition road freight transport away from fossil fuels.
Hyliko was founded to support carriers on their path to decarbonization—hydrogen being the ideal alternative energy source for heavy duty mobility, particularly suited to energy-intensive and long-haul usages.
Bringing Hyliko to market raised significant questions. Could a transition to hydrogen be made possible quickly and efficiently? Can hydrogen trucks be priced competitively? frog and a team of colleagues from across Capgemini collaborated closely with Kouros from concept to launch, resulting in the first zero-emissions, carbon-negative mobility venture aimed at decarbonizing road freight transport.
frog and Capgemini are ideal partners for inventing the new business models of tomorrow and making them real today.
A game-changing method
Seeking to radically reimagine road freight transport in the face of the climate crisis, Kouros devised a circular business model that that leverages key technology access to (1) produce hydrogen from biomass thermolysis with the opportunity to create a powerful carbon sink while contributing to the preservation of soil and biodiversity and (2) become industry leaders in assembling a real, first-of-its-kind hydrogen truck. They came to frog and the broader Capgemini to manifest this vision into reality as rapidly as possible—with high ambitions for market shares.
Through hands-on, sleeves-up collaboration, Kouros, frog and Capgemini teams rapidly progressed Hyliko from concept to company. Crucially, a core group of strategists and designers functioned as an acceleration team, helping refine the new venture’s circular business model, investment case, go to market strategy and launch. More recently, teams from Capgemini Engineering have been contributing to the architecture of the first trucks.
The future of trucking
The result of Kouros’ work with frog and Capgemini is a world-class heavy mobility platform that is uniquely positioned in the market. With its offering of “hydrogen & trucks as a service,” Hyliko integrates "super-green," carbon-negative hydrogen with truck leasing and maintenance, acting on a promise to completely decarbonize any fleet of trucks, while having a positive footprint on biodiversity. Within one year of its creation, Hyliko has signed its first contracts and will deliver its first trucks by the end of 2023.
frog, along with teams at Capgemini, continue to support Hyliko as they advance their mission to decarbonize heavy transport. As part of this new mobility platform, Hyliko is developing a hydrogen refueling network with the planned opening of up to 60 stations in Europe by 2030.
Through Hyliko and multiple other venture building initiatives in the sector, Kouros is emerging as a major player in carbon neutrality, and frog and Capgemini remain committed as key partners at the forefront of the development and realization of these critical solutions.
Hyliko is developing a hydrogen refueling network with the planned opening of up to 60 stations in Europe by 2030.