FAILDEX失樂園
中文

Youon Hydrogen

The business, the turning points, and the decisions behind them.

Founded2019
Event year2025
FundingUS$110M
Cash burnedUS$110M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

Youon Technology (永安行) is a Chinese bike-share operator. Its hydrogen initiative put hydrogen-powered shared bikes on city streets as an alternative to battery e-bikes. The hydrogen bikes struggled to gain traction: they cost more to build, are less energy-efficient than battery bikes for short trips, and failed to impress early adopters.

02 / FAILURE REASONS

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.

03 / EVENT HISTORY

Events in the structured record

  1. Hydrogen bikes stall

    MIT Technology Review reported Youon's hydrogen shared bikes were struggling to gain traction in China — higher production costs, lower energy efficiency than battery bikes, and unimpressed early adopters.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

Material for this section is being gathered and checked. It will appear here once ready.

Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

Material for this section is being gathered and checked. It will appear here once ready.