Hyzon Motors Explained

Hyzon Motors
Type:Public
Traded As:NASDAQ:
Industry:Automotive
Predecessors:-->
Successors:-->
Founded: as spin off from Horizon Fuel Cell Technologies, founded in [1]
Hq Location City:Rochester, New York
Hq Location Country:United States
Areas Served:-->
Products:Hydrogen vehicle, heavy duty truck, Medium duty truck, bus, fuel cell systems

Hyzon Motors Inc. is an American automotive company based in Rochester, New York. Hyzon develops and manufactures hydrogen fuel cell systems and supplies zero-emission heavy-duty fuel cell electric vehicles. It has offices in Chicago, Detroit, Groningen (the Netherlands), Melbourne (Australia), and Shanghai. With 87 fuel cell electric vehicles delivered in 2021, Hyzon leads OEMs in fuel cell heavy truck deployments.[2] [3] [4]

History

Hyzon Motors was founded in 2020 as a spin-off of Singapore-based Horizon Fuel Cell Technologies, which was founded in 2003 with a focus on developing fuel-cell-powered trucks and buses.[5]

In 2021, Hyzon Motors went public with a SPAC merger with Decarbonization Plus Acquisition Corporation.[6]

In June 2022, Hyzon received its zero-emission certification from the California Air Resources Board for its Class 8, 7, and 6 Repowers. That same month Hyzon announced a collaboration with oil field services company Schlumberger Limited, aiming to reduce emissions in upstream oil and gas operations through the use of high-power fuel cells.[7]

Parker Meeks was appointed President and interim CEO in August 2022, and CEO in March 2023.[8]

In November 2023, Hyzon completed its first commercial journey to Texas with its liquid hydrogen truck.[9] In June 2023, Hyzon partnered with Performance Food Group to deliver 5 fuel-cell electric vehicles fitted with Hyzon Class 8 110kW fuel cell systems. Additional vehicles will be fitted with Hyzon’s next-generation single 200kW fuel cell system.[10]

Hyzon Montors launch lined up 2024 refused-trash truck collector.[11]

See also

Notes and References

  1. Web site: Hyzon Motors' hydrogen fuel ambitions include two US factories. www.techcrunch.com. 2 March 2021 .
  2. https://hyzonmotors.com/about/#overview www.hyzonmotors.com about
  3. https://www.h2-view.com/story/hyzon-motors-now-trading-on-nasdaq/ Hyzon Motors now trading on Nasdaq
  4. Web site: 2020-04-05 . Hyzon Motors, a new player in the hydrogen bus field. A MOU for 1,000 vehicles announced . 2022-10-27 . Sustainable Bus . en-US.
  5. Web site: Hyzon Ousts CEO in Wake of Delisting Fears . Truckinginfo . 11 July 2023.
  6. News: Fuel-Cell Truck Startup Hyzon Agrees to Merge With Decarbonization Plus SPAC . Bloomberg . 5 February 2021 . 11 July 2023.
  7. Web site: Hyzon Motors enters high power fuel cells partnership with Schlumberger . Hydrogen Fuel News . 28 June 2022 . 13 July 2023.
  8. Web site: Hyzon replaces Knight, CEO and cofounder . Rochester Beacon . 19 August 2022 . 13 July 2023.
  9. Web site: Hyzon Nails Milestone in Texas with Its Liquid Hydrogen Truck - H2 News . 10 November 2023 .
  10. Web site: Hyzon Motors to supply PFG with hydrogen fuel cell trucks . The Buzz Ev News . 13 June 2023 . 25 July 2023.
  11. Web site: Hydrogen Garbage Trucks - the Key to Decarbonizing a Hard-to-abate Industry in North America- H2 News . 12 February 2024 .

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