In a terse press release, Hopium, the young French manufacturer of hydrogen-powered cars, has announced that it has applied to suspend the listing of its shares on the stock exchange.

“The company HOPIUM announces that it has asked Euronext to suspend trading of its shares (ALHPI – FR0014000U63) listed on the Euronext Growth market in Paris, effective from the publication of this statement and pending the release of an upcoming press release.” It would be difficult to get much shorter than these two lines, which popped up on Hopium’s website this very morning.

It is well known that Hopium is facing financial difficulties. Nevertheless, the company is trying to make the most of its fuel cell technology.

Do you want to learn more about the French company Hopium? Then our latest 2 articles on the group should interest you. You can read them here and there. You can also watch here the interview we made with Hopium’s CEO Sylvain Laurent and three of the engineers.

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Article written by Laurent Meillaud and translated by Logan King