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Hyzon Motors
Hyzon Motors Inc. was an American automotive company based in Rochester, New York. Hyzon developed and manufactured hydrogen fuel cell systems and supplied zero-emission heavy-duty fuel cell electric vehicles. It had offices in the United States, the Netherlands, Australia, and China.[2] Hyzon began being publicly traded through a SPAC merger in 2021, which was expected to raise about $626 million for the company.[3] Hyzon delivered 87 fuel cell heavy trucks in 2021.[4] Hyzon issued a notice in December 2024 that it is unable to continue its operations, and began dissolving the company.[5] OperationsHyzon 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.[6] In 2021, Hyzon Motors went public with a SPAC merger with Decarbonization Plus Acquisition Corporation.[7] 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.[8] Parker Meeks was appointed President and interim CEO in August 2022, and CEO in March 2023.[9] In November 2023, Hyzon completed its first commercial journey to Texas with its liquid hydrogen truck.[10] 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.[11] Hyzon Montors launched in 2024 a hydrogen-powered garbage truck.[12] Hyzon issued a notice in December 2024 that it is unable to continue its operations, and began dissolving the company.[5] See alsoReferences
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