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Hyzon expects to deliver fuel cell trucks in Europe in Q3 SPAC-backed Hyzon follows other moves establishing European lead 0 33 2 minutes read Hyzon Motors and a joint venture partner expect to deliver 15 hydrogen fuel cell trucks to a city in the Netherlands before the end of the year. (Photo: Hyzon Motors) Hyzon Motors, the SPAC-backed spinoff of Singapore’s Horizon Fuel Cell Technologies, has begun production of fuel cell trucks in Europe. It expects to deliver the first of 15 zero-emission units to a city in the Netherlands in Q3. The Groningen municipality orders are being fu...

Share: Hyzon Motors, the SPAC-backed spinoff of Singapore's Horizon Fuel Cell Technologies, has begun production of fuel cell trucks in Europe. It expects to deliver the first of 15 zero-emission units to a city in the Netherlands in Q3. The Groningen municipality orders are being fulfilled through a joint venture between Hyzon Motors Europe B.V. and Holthausen Clean Technology. The 15 hydrogen vehicle order consists of 10 zero-emission medium- and heavy-duty trucks, including water, refuse, hooklift crane and delivery trucks, and five zero-emission vans. All of the trucks are expected to be ...

Hyzon Motors plans to make a key component of fuel cell powertrains for commercial vehicles at a new facility near Chicago. It expects to break a bottleneck ...

Commercial vehicle fuel cell maker Hyzon Motors is adding a fuel cell facility to make enough key components for 1,200 fuel cells a year.

Share: Plus Acquisition Corp. (NASDAQ: DCRB), a special purpose acquisition company (SPAC) that raised $626 million to target a company for merger. Hyzon expects to get up to $570 million after expenses when the business combination closes. DCRB raised $226 million in an initial public offering. Another $400 million came via private investment in public equity (PIPE) funding. VectoIQ Acquisition Corp. raised $755 million for its reverse merger with battery-electric and fuel cell truck making startup Nikola Corp. (NASDAQ: NKLA) in June 2020. Institutional investors in the PIPE include funds a...