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Hydrogen Truck

Investor Palladio Partners Joins Hylane

The investment company Palladio Partners, focused on infrastructure investments, participates in the company as part of a capital increase and takes over the majority of voting rights in key areas. A corresponding agreement was signed with the previous sole owner DEVK. Hylane thus becomes a joint venture of the two companies.

According to Hylane, the additional capital is intended to enable the expansion of the fleet. A total investment in the three-digit million range is planned. The funds are to flow into hydrogen and battery-electric trucks, which Hylane offers in a usage-based rental model, in the coming years.

The management will consist of Sara Schiffer and Maximilian Draxler in the future. The previous managing director Bernd Zens will leave the company at the end of 2025. "With the entry of Palladio Partners, we have reached an important milestone," said Zens.

Steffen Reeser, Partner at Palladio Partners, explains that the participation fits into the fund's direct investment portfolio, which is focused on sustainable infrastructure projects in Germany.

Hylane was founded in 2021 and offers zero-emission trucks in a full-service rental model. This includes vehicle provision, maintenance, insurance, access to energy supply, and CO2 certificates. The company collaborates with manufacturers such as Daimler, MAN, Hyundai, and Iveco. Customers include DHL, DB Schenker, Bosch, REWE, and Lidl.

According to EU regulations, the commercial vehicle sector should be completely emission-free by 2050. By 2030, a market share of around 20 percent for zero-emission trucks is expected, and about 45 percent by 2035. Leasing models are already widespread in this segment.