Hyzon Motors To Provide Hydrogen-Powered Fuel Cell Heavy Truck For Commercial Vehicle Trial With Total Transportation Services In California

Rhea-AI Summary

Hyzon Motors has announced a trial agreement with Total Transport Services Inc. (TTSI) to deploy a hydrogen fuel cell-powered truck in California. This marks Hyzon's first customer trial in the U.S. The Class 8 truck, built on a 2022 Freightliner Cascadia chassis, boasts 600 peak horsepower and a range of 400 miles. During the 30-day trial in Q4, TTSI will test the truck's performance by hauling heavy loads. This initiative aims to contribute to California's clean-air goals by transitioning TTSI's fleet to zero-emissions vehicles.

Positive

• Signing a trial agreement with TTSI to test a hydrogen fuel cell truck.
• The truck features 600 peak horsepower and a 400-mile range, suitable for TTSI's heavy-duty operations.
• Aims to support California's transition to zero-emissions vehicles, reflecting positive industry trends.

Negative

• None.

ROCHESTER, N.Y., Aug. 11, 2021 /PRNewswire/ -- Hyzon Motors Inc.'s hydrogen fuel cell-powered truck will hit the road soon in California in its first customer trial in the United States.

Hyzon (NASDAQ:HYZN), a leading global supplier of zero-emission fuel cell electric heavy vehicles, announced today the signing of a trial agreement with Total Transport Services Inc (TTSI), a prominent port trucking company in Southern California and a leading provider of logistics services with distinct expertise in distributing imports within the US and Canada. Under the agreement, Hyzon will provide a Class 8 heavy-duty fuel cell electric truck to TTSI for a 30-day trial in Q4.

The truck, built on a 2022 Freightliner Cascadia chassis, is expected to have 600 peak horsepower and a range of up to 400 miles. Because of those specifications, the truck can be placed into TTSI's existing operations, hauling up to 82,000lbs gross combined vehicle weight (GCVW), a standard load for TTSI, and taking advantage of the public heavy-duty hydrogen refueling station in Wilmington, CA, nearby TTSI's Long Beach Custom's House operations.

The trial will mark TTSI's first experience with a zero-emissions vehicle capable of 400 miles range.

"Deploying the truck in real operations was a key requirement for us," said Vic LaRosa, president of TTSI. "TTSI's trucks run 18-20 hours each day, hauling heavy loads. Hyzon's FCEVs provide the quick refueling and high performance necessary to meet these operational needs."

During the trial, TTSI plans to run a full load from Long Beach to Sacramento, before exhibiting the vehicle at the NorCal Fleet Academy & Expo, October 6-7, 2021. Prior to arriving at TTSI, the Hyzon Class 8 fuel cell truck is expected to be part of the Ride & Drive at the ACTExpo Conference in Long Beach, CA on August 31^st - September 1, 2021.

According to TTSI, about 13,000-14,000 trucks operate at the Long Beach port every year, emitting about 2,600 tons of CO2. As such, transitioning these fleets to zero-emissions would have an outsized impact on the emissions levels in the area and thus the surrounding communities.

"TTSI has led the way in contributing to California's clean-air initiatives by implementing new technologies ahead of the curve," said Hyzon CEO Craig Knight. "Their use case – high utilization, heavy loads, focused around a central location – is very common and is precisely what Hyzon has been fulfilling internationally. Through this trial, Hyzon and TTSI will demonstrate how zero-emissions trucking in the US can be achieved in the near-term."

TTSI aims to eventually operate a 100% zero-emissions fleet, a goal which it has pursued for over a decade by adopting new, lower-emission technologies as they become available. Originally a fully diesel fleet, TTSI has been transitioning to liquid natural gas (LNG), compressed natural gas (CNG), and hybrid models. With Hyzon's zero-emissions FCEVs, TTSI could reach its sustainability goals quickly.

About Hyzon Motors Inc. 
Headquartered in Rochester, N.Y., with U.S. operations also in Chicago and Detroit, and international operations in the Netherlands, Singapore, Australia and China, Hyzon is a leader in hydrogen mobility. Hyzon is a pure-play hydrogen mobility company with an exclusive focus on hydrogen in the commercial vehicle market. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to supply zero-emission heavy duty trucks and buses to customers in North America, Europe and around the world. The company is contributing to the escalating adoption of hydrogen vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com. 

About TTSI
TTSI is a leading provider of logistics services with distinct expertise in distributing imports within the US and Canada. The company is headquartered in Southern California and also has operations in Southern and Northern California, Tacoma, Virginia, and Chicago. For more information, visit www.ttsi.com.

Forward-Looking Statements 
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as "estimate," "plan," "project," "forecast," "intend," "expect," "anticipate," "believe," "seek," or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding estimates and forecasts of other financial and performance metrics and projections of market opportunity and market share. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of management of Hyzon Motors Inc. (formerly known as Decarbonization Plus Acquisition Corporation) ("Hyzon" or the "Company") and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of Hyzon. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination between Hyzon and Hyzon Motors USA Inc. (formerly known as Hyzon Motors Inc.) and related transactions (the "Business Combination"); risks relating to the uncertainty of the projected financial information with respect to Hyzon; risks related to the rollout of Hyzon's business and the timing of expected business milestones; the effects of competition on Hyzon's business; the ability of Hyzon to issue equity or equity-linked securities in the future; and those factors discussed in Hyzon's definitive proxy statement filed with the Securities and Exchange Commission (the "SEC") on June 21, 2021 under the heading "Risk Factors" and other documents of Hyzon filed, or to be filed, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that Hyzon presently does not know or that Hyzon currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect Hyzon's expectations, plans or forecasts of future events and views as of the date of this press release. Hyzon anticipates that subsequent events and developments will cause Hyzon's assessments to change. However, while Hyzon may elect to update these forward-looking statements at some point in the future, Hyzon specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing Hyzon's assessments as of any date subsequent to the date of this press release. Accordingly, undue reliance should not be placed upon the forward-looking statements. Neither Hyzon nor any of its affiliates have any obligation to update this press release.

Media contacts
Hyzon Motors
Caroline Curran
Hill+Knowlton Strategies
+1 256-653-5811
caroline.curran@hkstrategies.com 

For investors:
Darla Rivera
Hyzon Motors Inc
IR@HyzonMotors.com

 

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SOURCE HYZON Motors

FAQ

What is the purpose of Hyzon Motors' trial with TTSI?

The trial aims to test a hydrogen fuel cell-powered truck's performance for potential integration into TTSI's operations.

When will the Hyzon truck trial with TTSI take place?

The trial agreement is for a 30-day period in Q4 of 2021.

What are the specifications of the Hyzon truck being tested?

The truck has 600 peak horsepower and can travel up to 400 miles on a single charge.

Where will the Hyzon truck be used during the trial?

The truck will operate primarily between Long Beach and Sacramento, California.

How does this trial impact Hyzon Motors' business?

The trial could validate Hyzon's technology and enhance its reputation in the zero-emissions vehicle market.