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Hyzon Motors has signed purchase agreements with Dutch transport firms Jan Bakker B.V. and Millenaar & van Schaik B.V. for up to 20 hydrogen-powered trucks. Deliveries are planned to start in Q4 2021 with all units expected in 2022. The trucks, HyMax 450 Tractors, will be built in Groningen, Netherlands and offer a range of up to 320 miles. This move makes Jan Bakker and Millenaar & van Schaik the first European construction companies to adopt zero-emission trucks, underlining the growing market interest for hydrogen vehicles in Europe.
Hyzon Motors has signed a definitive agreement with JuVe Automotion for the sale of hydrogen fuel cell-powered heavy-duty trucks. The initial delivery is planned for Q4 2021, with further deliveries scheduled over the next three years. JuVe will supply trucks to MPREIS, an Austrian grocer committed to green hydrogen initiatives. This partnership supports a shift towards a zero-emission society, with MPREIS building hydrogen production facilities. The companies are also collaborating on the H2Alpin feasibility study to assess hydrogen vehicles in alpine conditions.
Hyzon Motors announced the development of a new eAxle technology which enhances efficiency for 6x4 Class-8 commercial vehicles. This innovation, ahead of Hyzon's public listing through a merger with Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB), achieves 97% efficiency, surpassing the industry standard of 95%. The eAxle reduces motor-to-wheel loss by up to 40% and supports regenerative braking. Expected benefits include higher performance and lower maintenance costs for Class-8 trucks, with sample models set for deployment in 2022.
Hyzon Motors has partnered with Sojitz Machinery Corporation of America to explore new markets and fuel cell applications for hydrogen-powered vehicles. This strategic collaboration aims to assist logistics businesses in decarbonizing operations by providing access to cutting-edge hydrogen technology. The partnership emerges ahead of Hyzon's planned business combination with Decarbonization Plus Acquisition Corporation (DCRB), a SPAC that will make Hyzon publicly listed. The transaction is subject to customary closing conditions.
Hyzon Motors has joined the Covenant on Hydrogen in Mobility in Utrecht, aiming to establish a zero-emission transportation network. The initiative targets the creation of 5-10 hydrogen filling stations and operationalization of 300 heavy hydrogen-powered vehicles by 2025. The partnership underscores Utrecht's leadership in hydrogen mobility, with ongoing developments in fueling infrastructure. Hyzon's involvement aligns with its recent move into a new production facility and the establishment of the Hyzon Zero Carbon Alliance, promoting hydrogen ecosystems.
Hyzon Motors has announced the appointment of Shinichi Hirano as Chief Engineer - Fuel Cell, effective immediately. Hirano brings over 30 years of experience in automotive fuel cell technology, notably from his 17-year tenure at Ford Motor Company, where he led significant fuel cell initiatives. His expertise is expected to strengthen Hyzon's position in the zero-emission hydrogen vehicle market. The company is also set to complete its merger with Decarbonization Plus Acquisition Corporation (DCRB) in Q2 2021, gaining public company status.
Hyzon Motors has signed a memorandum of understanding with Modern Group and NEOM Company to develop a vehicle assembly facility in NEOM, Saudi Arabia. This facility aims to produce up to 10,000 hydrogen fuel cell-powered commercial vehicles annually. NEOM, a $500 billion project, is focused on sustainability and aims for net zero emissions by 2030. This partnership positions Hyzon to be a key player in the region's hydrogen ecosystem, potentially enhancing its growth and market presence.
Hyzon Motors has announced a memorandum of understanding for a joint venture with Raven SR to establish up to 100 hydrogen production hubs across the U.S. and globally. These hubs will convert organic waste into renewable hydrogen for Hyzon's zero-emission vehicles. Raven SR's patented non-combustion process is expected to produce more hydrogen per ton of waste than competitors while avoiding toxic pollutants. The first hub is set to be built in California, with each hub projected to power 100 heavy-duty trucks, contributing to Hyzon's goal of achieving total cost of ownership parity with diesel vehicles.
Hyzon Motors has launched the Hyzon Zero Carbon Alliance, a collaborative initiative involving key partners like Ark Energy, AXA, and Bank of America, aimed at promoting hydrogen mobility and reducing emissions in commercial transport. This alliance focuses on leveraging the combined expertise of its members to develop hydrogen supply chains globally. The initiative seeks to overcome industry hurdles by aligning supply and demand, facilitating a quicker transition to zero-emission vehicles. This announcement comes as part of Hyzon's efforts to lead in hydrogen-powered transportation.
Hyzon Motors has commenced production of 15 hydrogen fuel cell vehicles for the Municipality of Groningen, Netherlands. This order, managed through Hyzon's joint venture with Holthausen Clean Technology, includes 10 medium and heavy-duty trucks and 5 vans. The vehicles are expected to be delivered by the end of 2021, supporting Groningen's goal of zero carbon emissions by 2025. The partnership emphasizes Hyzon's commitment to sustainable transportation and builds on their previous collaborations in the region. The company is also set to complete a business combination with Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB) in Q2 2021.
