Hyzon Motors (HYZN)

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…

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)…

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…

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…

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…

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….

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…

On Friday (3/22), Hyzon Motors (HYZN; $0.67) posted Q4 results and guidance, with a commercial roadmap update, that all seemed basically “status quo” with our prior thinking. Most importantly, Hyzon’s Q4 free cash flow (FCF)…

Yesterday (3/13), the U.S. Department of Energy (DoE) announced it awarded $750mm in funding for 52 different clean hydrogen-based projects (across 24 U.S. states) that was available through the U.S. Infrastructure Investment and Jobs Act….

This morning, Hyzon Motors (HYZN; $0.67) announced at a ceremony in Australia that it successfully integrated its single-stack 200kW fuel cell system (FCS) and powertrain into a heavy-duty cabover commercial truck designed to tow semi-trailers,…

This morning, Hyzon Motors (HYZN; $0.71) announced it signed a joint development agreement (JDA) with New Way Trucks to develop a hydrogen fuel cell refuse vehicle for the North American market. We note New Way…

Yesterday (1/25), Hyzon Motors (HYZN; $0.75) announced it delivered four heavy-duty hydrogen fuel cell electric vehicles (FCEVs) to Performance Food Group (PFGC; $70.89; NR), which is a large U.S. based food distributor and supplier with…

Last Friday (1/19), Ballard Power Systems (BLDP; $3.34; NR) announced it successfully used “large format” hydrogen fuel cells to supply backup power to a data center through a partnership with Caterpillar (CAT; $288.35; NR) and…

This morning, Hyzon Motors (HYZN; $0.73) provided a positive business update, disclosing it is hitting key milestones previously laid out by management, which we think further highlights how the company is making good progress along…

We think Hyzon Motors’ (HYZN; $1.08) Q3 print and forward-looking commentary demonstrates how management is making good progress along key commercial, technical and cash burn vectors. From a numbers perspective, Hyzon still sees free cash…