Hyzon Motors

Hyzon Motors, Inc. is a hydrogen mobility company. The firm is founded for the purpose of designing, developing and manufacturing both standalone and integrated hydrogen fuel cells and systems as well as purpose-designed hydrogen-powered commercial vehicles. The company is headquartered in Honeoye Falls, NY.

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Hyzon Motors reports revenue growth and competitive positioning challenges

Hyzon Motors showed strong performance with revenue growth and improved cash burn, focusing on commercialization and technology advancements.
The company faces challenges in revenue recognition delays, pricing competition, and market positioning against battery trucks.
Opportunities lie in securing new contracts, outcompeting battery trucks, and building trust through durability testing and reliability.

Hyzon Motors advances fuel cell technology, eyes commercialization in 2024

Hyzon Motors is making strides in technology and commercial progress, with a focus on fuel cell technology for trucks. While facing challenges in securing capital and operational transitions, the company sees opportunities in executing trials with large fleets and achieving commercialization goals in 2024.

Hyzon Motors excels in Q3 production and trials, faces cost challenges

Hyzon Motors demonstrated strong performance in production, trials, and customer engagement, with a focus on financial sustainability and operational efficiency.
While facing challenges such as an impairment charge and fuel-related discussions, the company remains well-positioned to capitalize on opportunities for growth and expansion.
Overall, Hyzon Motors' Q3 2024 Earnings Call highlighted a mix of achievements, challenges, and opportunities that underscore its progress and potential in the fuel cell electric vehicle market.

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Hyzon Motors, Inc. operates as a hydrogen mobility company. It engages in designing, developing, and manufacturing both standalone and integrated hydrogen fuel cells and systems as well as purpose-designed hydrogen-powered commercial vehicles. The company was founded in 2020 and is headquartered in Bolingbrook, IL.

BOLINGBROOK, Ill. , Dec. 20, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the Company has issued a Worker Adjustment and Retraining Notification Act (WARN Act) notice (the Notice) to its employees at the Company's Bolingbrook, Illinois and Troy, Michigan facilities, as well as to substantially all of its remaining employees in the states of Illinois and Michigan.

HYZON ISSUES WORKER ADJUSTMENT AND RETRAINING NOTIFICATION

Order Follows Successful Trials and is the Hyzon's Second Fuel Cell Refuse Vehicle Order BOLINGBROOK, Ill. , Dec. 17, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced an order for two Fuel Cell Electric Trucks (FCETs) – a refuse collection and Class 8 200kW truck – from South San Francisco Scavenger Co., a family-owned company providing solid waste and recycling services to local communities since 1914.

HYZON RECEIVES ORDER FOR REFUSE COLLECTION AND CLASS 8 200KW FUEL CELL ELECTRIC TRUCKS FROM SOUTH SAN FRANCISCO SCAVENGER COMPANY

Further Demonstrates Hydrogen Fuel Cell Technology as a Sustainable, Zero-Emission Solution for Heavy Duty Applications BOLINGBROOK, Ill. , Nov. 14, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its refuse collection Fuel Cell Electric Truck (FCET) -- developed in partnership with New Way Trucks -- with Mt.

HYZON ANNOUNCES SUCCESSFUL TRIAL COMPLETION OF NORTH AMERICA'S FIRST FUEL CELL POWERED REFUSE TRUCK WITH MT. DIABLO RESOURCE RECOVERY

Hyzon Motors Inc. (NASDAQ:HYZN ) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Parker Meeks - Chief Executive Officer Steve Weiland - Chief Financial Officer. Tom Cook - Managing Director at ICR Conference Call Participants Steven Fox - Fox Advisors Robert Wertheimer - Melius Research Operator Good morning, and welcome to Hyzon's Third Quarter 2024 Earnings Call.

Hyzon Motors Inc. (HYZN) Q3 2024 Earnings Call Transcript

Secured first hydrogen-powered fuel cell electric refuse truck order in North America from waste industry pioneer GreenWaste Achieved start-of-production on the 200kW fuel cell system and 200kW Class 8 fuel cell electric truck Ten successful Class 8 200kW and refuse fuel cell electric truck customer trials completed with majority in commercial agreement negotiations BOLINGBROOK, Ill. , Nov. 13, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced its third quarter 2024 financial and operating results: Recent Highlights Secured first-ever, refuse Fuel Cell Electric Truck (FCET) order in North America from waste industry pioneer, GreenWaste, after a successful trial.

HYZON ANNOUNCES THIRD QUARTER 2024 FINANCIAL AND OPERATING RESULTS

BOLINGBROOK, Ill. , Nov. 8, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced that Management will host a conference call to discuss its third quarter 2024 earnings results at 8:30 a.m.

HYZON ANNOUNCES DATE FOR THIRD QUARTER 2024 FINANCIAL RESULTS AND CONFERENCE CALL

Company's ongoing trial program reinforces commitment to decarbonizing heavy-duty industries BOLINGBROOK, Ill. , Nov. 4, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its Class 8 200kW Fuel Cell Electric Vehicle (FCEV) with IMC Logistics, the largest container drayage company in the U.S. The two-week trial performance is the latest in a series of trials across Hyzon's Class 8 200kW and refuse FCEV truck platforms, all of which have been deemed successful to date.

HYZON ANNOUNCES COMPLETION OF SUCCESSFUL TRIAL OF 200kW CLASS 8 FCEV TRUCK WITH IMC LOGISTICS

Trial Comes as Part of TALKE's Supplier Evaluation Ahead of Final Award of Grant Applications Which Could Fund a Large Fleet of Class 8 FCEV Trucks BOLINGBROOK, Ill. , Oct. 30, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its Class 8 200kW Fuel Cell Electric Vehicle (FCEV) with TALKE, a leading provider of logistics solutions for the chemical industry.

HYZON ANNOUNCES COMPLETION OF SUCCESSFUL TRIAL OF 200kW CLASS 8 FCEV TRUCK WITH TALKE

First-Ever Fuel Cell Refuse Vehicle Order in North America BOLINGBROOK, Ill. , Oct. 22, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced it has entered into a purchase agreement for North America's first 12 hydrogen-powered refuse Fuel Cell Electric Vehicles (FCEVs) with recycling and innovation pioneer GreenWaste®, contingent upon Hyzon meeting certain commercial terms and specifications as defined in the agreement.

HYZON SECURES FIRST HYDROGEN POWERED FUEL CELL ELECTRIC REFUSE TRUCK ORDER IN NORTH AMERICA FROM WASTE INDUSTRY PIONEER GREENWASTE

Announcement Coincides with Hyzon's Start of Production (SOP) of its Innovative Single-Stack 200kW Fuel Cell System (FCS) BOLINGBROOK, Ill. , Oct. 9, 2024 /PRNewswire/ -- Hyzon (NASDAQ:  HYZN ) ("Hyzon" or the "Company"), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced it has secured ISO 9001 certification for its fuel cell manufacturing, design, and research and development activities.

HYZON SECURES ISO 9001 CERTIFICATION FOR FUEL CELL MANUFACTURING, DESIGN, AND RESEARCH AND DEVELOPMENT STANDARDS

Bolingbrook, Illinois is Now Home to one of the Largest Fully-Integrated Fuel Cell Production Facilities in the United States BOLINGBROOK, Ill. , Oct. 8, 2024 /PRNewswire/ -- Hyzon (NASDAQ:  HYZN ) ("Hyzon" or the "Company"), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the Start of Production (SOP) of its revolutionary single-stack 200kW Fuel Cell System (FCS).

HYZON ANNOUNCES START OF PRODUCTION OF 200kW FUEL CELL SYSTEM, MARKING A MAJOR MILESTONE IN ZERO-EMISSION TECHNOLOGY ON NATIONAL HYDROGEN FUEL CELL DAY

Nasdaq Has Informed the Company That a Bid Price Deficiency of its Stock Has Been Cured BOLINGBROOK, Ill. , Sept. 27, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) ("Hyzon" or the "Company"), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced it received notification from the Nasdaq Hearings Department on September 26, 2024 that the Company has regained compliance with all applicable Nasdaq Capital Markets listing requirements and has fully cured its prior bid price deficiencies.

Hyzon Regains Compliance with Nasdaq Listing Standards

HYZN begins the production of its advanced Class 8 200kW FCET that enables fleet operators to cut emissions without compromising power, range, or reliability.

Hyzon Commences Production of Class 8 200kW Fuel Cell Electric Truck

Company Marks Major Milestone Paving the Way for Zero-Emission Heavy-Duty Transportation  BOLINGBROOK, Ill. , Sept. 16, 2024 /PRNewswire/ -- Hyzon (NASDAQ:  HYZN ) ("Hyzon" or the "Company"), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the Start of Production (SOP) of its innovative Class 8 200kW Fuel Cell Electric Truck (FCET).

HYZON FUELS THE FUTURE WITH START OF PRODUCTION FOR CLASS 8 200KW FUEL CELL ELECTRIC TRUCK PRODUCTION

Move Aims to Ensure Continued Listing on Nasdaq BOLINGBROOK, Ill. , Sept. 6, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) ("Hyzon" or the "Company"), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced that its Board of Directors and stockholders approved a 1-for-50 reverse stock split of the Company's Class A common stock, par value $0.0001 per share, which will be effective at 12:01 a.m.

HYZON ANNOUNCES 1-FOR-50 REVERSE STOCK SPLIT

Hyzon's Hydrogen Fuel Cell Technology Highlighted in  Heavy-Duty Fuel Cell Electric Vehicle Displays OAKLAND, Calif. , Aug. 30, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, along with New Way Trucks, an industry-leading refuse truck body manufacturer, and Recology, a pioneer in sustainable waste management, today showcased North America's first hydrogen fuel cell electric refuse truck to U.S. Department of Energy (DOE) Under Secretary for Infrastructure David Crane, California Gov.

HYZON, NEW WAY AND RECOLOGY JOIN U.S. DEPARTMENT OF ENERGY AT CLEAN ENERGY EVENT TO SHOWCASE NORTH AMERICA'S FIRST HYDROGEN FUEL CELL ELECTRIC REFUSE COLLECTION VEHICLE

Partnership with U.S. Leaders New Way and Hyzon Makes SF First to Debut Cutting-Edge Zero Emission Vehicles SAN FRANCISCO , Aug. 26, 2024 /PRNewswire/ -- Recology, a 100-percent employee-owned company and industry leader in sustainable waste management, begins testing North America's first hydrogen fuel cell-powered electric refuse collection vehicle – developed in partnership with New Way Trucks and Hyzon (NASDAQ: HYZN) – in San Francisco this week, accelerating a U.S.-led, zero-emission energy transition transforming the global waste industry and addressing climate change. The refuse collection vehicle was built in partnership between New Way Trucks, an industry-leading refuse truck body manufacturer, and fuel cell manufacturer and technology developer Hyzon – both cutting-edge U.S. companies.

RECOLOGY TESTS NORTH AMERICA'S FIRST HYDROGEN FUEL CELL-POWERED ELECTRIC REFUSE COLLECTION TRUCK, BUILT BY HYZON AND NEW WAY TRUCKS

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Hyzon Motors Inc. (NASDAQ:HYZN ) Q2 2024 Earnings Conference Call August 13, 2024 8:30 AM ET Company Participants Tom Cook - Managing Director, ICR Parker Meeks - CEO Steve Weiland - CFO Conference Call Participants Craig Irwin - ROTH MKM Steven Fox - Fox Advisors Operator Thank you for standing by. My name is Giolla, and I will be your conference operator today.

Hyzon Motors Inc. (HYZN) Q2 2024 Earnings Call Transcript

Hyzon Motors Inc. (HYZN) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to loss of $0.25 per share a year ago.

Hyzon Motors Inc. (HYZN) Reports Q2 Loss, Misses Revenue Estimates

Launched 200kW Class 8 Fuel Cell Truck Trial Program with Multiple Large Fleets in July BOLINGBROOK, Ill. , Aug. 13, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced its second quarter 2024 financial and operating results: Recent Highlights Focused business on large fleet customers in North American Class 8 and refuse markets with highest immediate commercial potential, halting operations in the Netherlands and Australia.

HYZON ANNOUNCES SECOND QUARTER 2024 FINANCIAL AND OPERATING RESULTS

Companies Embark on Cross-Continental Trials to Prove Viability of Technology and Showcase Performance SCRANTON, Iowa , Aug. 12, 2024 /PRNewswire/ -- New Way Trucks, a privately held industry-leading refuse truck body manufacturer, and Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer, are leading the way and gaining momentum in showcasing the value of hydrogen fuel cell-powered electric refuse collection. New Way and Hyzon debuted North America's first hydrogen fuel cell-powered electric refuse vehicle (FCEV) at Waste Expo in Las Vegas in May, following an initial announcement earlier this year on a Joint Development Agreement between the two companies.

HYDROGEN-POWERED REFUSE COLLECTION GAINING MOMENTUM WITH HYZON AND NEW WAY

BOLINGBROOK, Ill. , Aug. 6, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced that Management will host a conference call to discuss its second quarter 2024 earnings results at 8:30 a.m.

HYZON ANNOUNCES DATE FOR SECOND QUARTER 2024 FINANCIAL RESULTS AND CONFERENCE CALL

Company to Begin Trading on the Capital Market at the Opening of Business on July 25, 2024 BOLINGBROOK, Ill. , July 24, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based manufacturer and global supplier of high-performance hydrogen fuel cell systems focused on providing zero-emission power to decarbonize the most demanding industries, today announced it has received approval from the listing qualifications staff of the Nasdaq Stock Market to transfer its listing to the Nasdaq Capital Market from the Global Select Market.

HYZON RECEIVES SECOND 180 CALENDAR DAY EXTENSION TO REGAIN COMPLIANCE WITH NASDAQ'S CONTINUED LISTING REQUIREMENT

Hyzon Motors (NASDAQ: HYZN ) stock is plummeting nearly 50% after the company announced that it had entered into a securities purchase agreement with certain institutional investors in a registered direct offering. As part of the agreement, investors will purchase 22.5 million shares of HYZN and warrants to purchase 22.5 million shares of HYZN at a combined offering price of 20 cents per share.

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