November 14, 2024
This morning, Hyzon Motors (HYZN; $1.57) formally announced it successfully completed another trial of its refuse collection fuel cell electric truck, developed through a partnership with New Way Trucks, with Mt. Diablo Resource Recovery (MDRR),…
November 13, 2024
Hyzon Motors (HYZN; $1.63) reported Q3 results, which demonstrated further how the company continues to hit on promised milestones for 2024E. Most importantly, Hyzon’s average monthly net cash burn rate in Q3 was ($8.2mm), which…
November 4, 2024
Over the past week, Hyzon Motors (HYZN; $1.69) disclosed two separate announcements about completed trials of its Class 8 200kW fuel cell electric truck with TALKE, a logistics solutions provider for the chemical industry, as…
October 22, 2024
This morning, Hyzon Motors (HYZN; $2.47) announced it entered into a purchase agreement to supply GreenWaste, a waste management services provider based in California, with 12 of its hydrogen-powered refuse fuel cell electric vehicles (FCEVs)…
October 8, 2024
This morning, Hyzon Motors (HYZN; $2.26) announced the start of production (SOP) of its single stack 200kW fuel cell system (FCS) at its manufacturing facility in Bolingbrook, IL, which is consistent with the company’s prior…
September 16, 2024
This morning, Hyzon Motors’ (HYZN; $2.36) announced the start of production of its Class 8 200kW fuel cell electric truck. At the same time, Hyzon also disclosed that it expects to announce that its proprietary,…
September 3, 2024
Last Friday (8/30), Hyzon (HYZN; $0.06; NR) announced that it, along with New Way Trucks, a large U.S.-based manufacturer of refuse equipment, and Recology, a waste and recycling management provider, showcased a hydrogen fuel cell…
August 13, 2024
Hyzon Motors (HYZN; $0.08) reported Q2 results, which generally lived up to our expectations on a continuing operations basis. Most importantly, Hyzon’s average monthly free cash flow (FCF) burn rate in Q2 was ($9.2mm) or…
July 18, 2024
We think yesterday’s news that the U.S. Department of Energy (DoE) and the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) signed a $12.6B agreement to build a clean, renewable hydrogen hub in California is…
July 8, 2024
This morning, Hyzon Motors (HYZN; $0.34) announced it plans to cease operations in Australia and the Netherlands, while noting it remains focused on “core” North American Class 8 and refuse fuel cell electric vehicle (FCEV)…
June 25, 2024
Last night, Hyzon Motors (HYZN; $0.36) announced it has started realigning the company’s strategic priorities to better focus on “core” North American Class 8 and refuse fuel cell electric vehicle (FCEV) platforms after a comprehensive…
May 28, 2024
Last week, we met with Hyzon Motors’ (HYZN; $0.51) CEO Parker Meeks and CFO Stephen Weiland at the Advanced Clean Transportation (ACT) Expo in Las Vegas. Our meeting suggested management is increasingly encouraged by opportunities…
May 14, 2024
Hyzon Motors (HYZN; $0.54) reported Q1 results and offered up a range of conference call commentary that suggests it remains on a solid commercial path, including a more efficient use of cash. Specifically, Hyzon recognized…
May 7, 2024
This morning, Hyzon Motors (HYZN; $0.58) unveiled its Class 8 heavy-duty hydrogen fuel cell refuse test vehicle for the North American market, which it co-developed with New Way Trucks, a large manufacturer of refuse equipment….
April 23, 2024
Last week, we attended Data Center World in Washington DC (“More Powerful Takeaways from Data Center World”; 4/22), which added to other recent news flow that continues to support the idea that hydrogen fuel cell…