PR98454

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=KYODO JBN/--

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.

ABOUT CREDIT AGRICOLE CONSUMER FINANCE

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: www.ca-consumerfinance.com [https://www.ca-consumerfinance.com/]

ABOUT HOPIUM

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.

www.hopium.com [http://www.hopium.com/]

Follow us on Instagram, Linkedin, Youtube, Twitter.

ISIN: FR0014000U63

Mnemonic: ALHPI

HOPIUM'S CONTACTS: contact@hopium.com

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Source: Hopium, Credit Agricole Consumer Finance