Hyzon Motors (HYZN)


November 14, 2024

HYZN: Discloses More Fleet Test Details

By Steven Fox

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),…

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November 13, 2024

HYZN: Continuing to Execute to Its Targets

By Steven Fox

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…

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November 4, 2024

HYZN: Successfully Completes Two More Trials

By Steven Fox

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…

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October 22, 2024

HYZN: Discloses A New Refuse Truck Purchase Agreement

By Steven Fox

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)…

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October 8, 2024

HYZN: 200kW Fuel Cell Systems Hit SOP

By Steven Fox

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…

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September 16, 2024

HYZN: Crossing Major Production Threshold

By Steven Fox

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,…

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September 3, 2024

HYZN: Moving Its Hydrogen Vision Forward

By Steven Fox

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…

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August 13, 2024

HYZN: Moving Quickly Towards Some Major Proof Points

By Steven Fox

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…

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July 18, 2024

HYZN: Some U.S. Hydrogen Positives

By Steven Fox

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…

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July 8, 2024

HYZN: Focusing Further on North America

By Steven Fox

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)…

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June 25, 2024

HYZN: Considering More Strategic Options

By Steven Fox

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…

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May 28, 2024

HYZN: Highlights from ACT Expo Meeting

By Steven Fox

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…

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May 14, 2024

HYZN: Making More Commercial Progress

By Steven Fox

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…

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May 7, 2024

HYZN: Unveils Refuse Truck for North American Market

By Steven Fox

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….

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April 23, 2024

HYZN: More Optionality Evidence

By Steven Fox

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…

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