Hyzon Motors

HYZON TO PRESENT AT THE 26TH ANNUAL NEEDHAM GROWTH CONFERENCE

Retrieved on: 
Tuesday, January 16, 2024

ROCHESTER, N.Y., Jan. 16, 2024 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology manufacturer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that Chief Executive Officer Parker Meeks and Chief Financial Officer Stephen Weiland will present at the 26th Annual Needham Growth Conference on Wednesday, January 17, 2024 at 4:30 p.m.

Key Points: 
  • ROCHESTER, N.Y., Jan. 16, 2024 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology manufacturer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that Chief Executive Officer Parker Meeks and Chief Financial Officer Stephen Weiland will present at the 26th Annual Needham Growth Conference on Wednesday, January 17, 2024 at 4:30 p.m.
  • The company also will host investor meetings on the same day.
  • The presentation will be webcast live and will also be available for replay on Hyzon's investor relations website at https://investors.hyzonmotors.com/ .
  • Investors interested in a 1x1 meeting with the company should contact their Needham sales representative.

Global Hydrogen Fuel Cell Buses Market Report 2023 - Falling Prices and Advances in Technology Drive Growth

Retrieved on: 
Tuesday, November 28, 2023

DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "Global Market for Hydrogen Fuel Cell Buses, 2023" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 28, 2023 /PRNewswire/ -- The "Global Market for Hydrogen Fuel Cell Buses, 2023" report has been added to ResearchAndMarkets.com's offering.
  • This comprehensive study highlights the rapid growth and potential of hydrogen fuel cell buses (FCBs) as a sustainable and clean mode of public transportation.
  • This growth is attributed to falling prices of hydrogen FCBs and advances in technology that have reduced the cost of fuel cells and related components.
  • Advances in Technology: Ongoing advancements in fuel cell technology and manufacturing are contributing to cost reductions in hydrogen FCBs.

HYZON MOTORS INC. ANNOUNCES THIRD QUARTER 2023 FINANCIAL AND OPERATING RESULTS

Retrieved on: 
Tuesday, November 14, 2023

ROCHESTER, N.Y., Nov. 14, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the Company), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced its third quarter 2023 financial and operational results.

Key Points: 
  • Announces First Commercial Delivery of Fuel Cell Electric Truck in U.S.
    ROCHESTER, N.Y., Nov. 14, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the Company), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced its third quarter 2023 financial and operational results.
  • By the end of the third quarter, Hyzon had deployed 13 vehicles under commercial agreements to customers in 2023; one additional vehicle was deployed subsequent to the quarter end.
  • Hyzon also has collected approximately $3.6 million in cash in the first three quarters of 2023 against those vehicles.
  • The Hyzon management team will host a conference call to discuss its second quarter 2023 financial results on Tuesday, November 14, 2023, at 8:30 a.m. Eastern Time.

HYZON MOTORS ANNOUNCES DATE FOR THIRD QUARTER 2023 FINANCIAL RESULTS AND CONFERENCE CALL

Retrieved on: 
Tuesday, October 31, 2023

ROCHESTER, N.Y., Oct. 31, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that Management will host a conference call to discuss its third quarter 2023 earnings results at 8:30AM EST on Tuesday, November 14, 2023.

Key Points: 
  • ROCHESTER, N.Y., Oct. 31, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that Management will host a conference call to discuss its third quarter 2023 earnings results at 8:30AM EST on Tuesday, November 14, 2023.
  • The conference call can be accessed by dialing 1 (888) 800-7840 or for international callers, 1 (646) 307-1856, and entering the access code 5240234.
  • To listen to the live audio webcast and Q&A, visit the Hyzon investor relations website at investors.hyzonmotors.com.
  • Hyzon's earnings press release and related materials will also be available on the Company's investor relations website.

HYZON ANNOUNCES AGREEMENT WITH NEW ZEALAND'S LARGEST HEAVY-DUTY TRUCK FLEET OWNER

Retrieved on: 
Thursday, October 26, 2023

This new agreement cancels and supersedes a previously announced agreement from January 2021, providing a revised commercial path for TR Group's first Hyzon FCEV truck deployments.

Key Points: 
  • This new agreement cancels and supersedes a previously announced agreement from January 2021, providing a revised commercial path for TR Group's first Hyzon FCEV truck deployments.
  • "We look forward to deploying the first trucks with 200kW fuel cell systems produced by Hyzon in heavy-duty operations with TR Group.
  • It marks a significant step toward the full commercialization of our single stack 200kW fuel cell system," said Hyzon CEO Parker Meeks.
  • With 6,200 tractors in their fleet, TR Group would be a top-20 for-hire carrier in the U.S. based on fleet size1.

HYZON MOTORS ANNOUNCES STEPHEN WEILAND AS CHIEF FINANCIAL OFFICER

Retrieved on: 
Tuesday, October 24, 2023

ROCHESTER, N.Y., Oct. 24, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission, heavy-duty fuel cell electric vehicles (FCEVs), today announced the appointment of Stephen Weiland as Chief Financial Officer (CFO) of the company, effective November 1, 2023.

Key Points: 
  • Weiland Brings Deep Experience Leading Financial Operations, Growth Capital Programs and Cash Management
    ROCHESTER, N.Y., Oct. 24, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission, heavy-duty fuel cell electric vehicles (FCEVs), today announced the appointment of Stephen Weiland as Chief Financial Officer (CFO) of the company, effective November 1, 2023.
  • As CFO, Weiland will be responsible for overseeing Hyzon's financial operations, including financial planning and analysis, accounting, treasury, investor relations, and IT.
  • He brings two decades of experience that include leading financial operations as CFO, driving diverse growth capital programs, executing transactions in the cleantech sector, and implementing critical financial processes.
  • "Stephen is a veteran in leading financial teams from his time as CFO at both an early-stage technology-led company and multiple divisions at Caterpillar," said Hyzon's Chief Executive Officer Parker Meeks.

HYZON MOTORS DEPLOYS FIRST HYDROGEN-POWERED WASTE COLLECTION TRUCK IN AUSTRALIAN COMMERCIAL TRIAL WITH REMONDIS

Retrieved on: 
Monday, October 23, 2023

ROCHESTER, N.Y., Oct. 23, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs) today announced the commercial trial deployment of its first Heavy Rigid fuel cell electric waste collection truck to REMONDIS Australia, one of the world's largest recycling, service, and water companies. The commercial trial is expected to convert to a full vehicle purchase if certain trial performance targets are met.

Key Points: 
  • The commercial trial is expected to convert to a full vehicle purchase if certain trial performance targets are met.
  • "Hyzon has a road ready truck, that's been designed locally in Australia, and is now on the roads for a commercial trial with one of the largest recycling companies in the world.
  • It is an exciting day for Hyzon," said Hyzon Motors Australia's Managing Director John Edgley.
  • The waste collection truck will service the Wollongong and Shellharbour municipalities, operating from REMONDIS's Wollongong facility in New South Wales.

HYZON MOTORS ANNOUNCES AMENDMENT OF INTELLECTUAL PROPERTY AGREEMENT WITH HORIZON

Retrieved on: 
Tuesday, October 3, 2023

ROCHESTER, N.Y., Oct. 3, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs) today announced an amendment to its Intellectual Property (IP) agreement with affiliates of Horizon, Hyzon's majority controlling shareholder and an advanced hydrogen fuel cell solutions company, furthering the collaboration between the two companies and opening additional markets and optionality for Hyzon.

Key Points: 
  • ROCHESTER, N.Y., Oct. 3, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ: HYZN), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs) today announced an amendment to its Intellectual Property (IP) agreement with affiliates of Horizon, Hyzon's majority controlling shareholder and an advanced hydrogen fuel cell solutions company, furthering the collaboration between the two companies and opening additional markets and optionality for Hyzon.
  • Under the amendment, Hyzon expands its market access to stationary fuel cell power applications in North America, in addition to its existing access to global fuel cell mobility markets.
  • "We believe decarbonizing stationary power generation is critical as we transition to clean energy solutions," said Parker Meeks, Chief Executive Officer of Hyzon.
  • The amendment also covers the option for Hyzon and Horizon to pursue joint development of a single stack 300kW fuel cell system, which Hyzon previously announced as part of its product roadmap.

SEC Charges Hydrogen Vehicle Co. Hyzon Motors and Two Former Executives for Misleading Investors

Retrieved on: 
Tuesday, September 26, 2023

The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max C.B.

Key Points: 
  • The SEC also charged Craig M. Knight, Hyzon’s former CEO, and Max C.B.
  • According to the SEC’s complaint, Hyzon misrepresented the status of its business dealings with potential customers and suppliers to create the false appearance that significant sales transactions were imminent.
  • The complaint alleges that Hyzon also falsely stated that it had delivered its first FCEV in July 2021, even going as far as posting a misleading video of the vehicle purportedly running on hydrogen, when the vehicle was not equipped to operate on hydrogen power.
  • “The defendants allegedly violated this principle by misleading investors about virtually every aspect of Hyzon’s business.

Hydrogen Engine Global Markets Report 2023-2028: OEM Giants Such as Cummins, Honda, Hyundai, Tata Motors, Hyzon Motors, and Nikola are Shaping the Hydrogen Vehicle Landscape - ResearchAndMarkets.com

Retrieved on: 
Thursday, September 7, 2023

The hydrogen engine market was valued at $2.6 billion in 2022 and is projected to reach $10.5 billion by 2028.

Key Points: 
  • The hydrogen engine market was valued at $2.6 billion in 2022 and is projected to reach $10.5 billion by 2028.
  • Hydrogen as a fuel is one of the best alternative solutions for carbon emissions-related issues.
  • Most OEM (Original Equipment Manufacturer) companies, such as Hyundai, Toyota, Volvo & Daimler, and others, are engaged in producing fuel cell vehicles.
  • However, many OEM companies are working with fuel cell manufacturing companies to design and produce a complete vehicle.