FCEV

HYZON ANNOUNCES FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS

Retrieved on: 
Friday, March 22, 2024

BOLINGBROOK, Ill., March 22, 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 its fourth quarter 2023 financial and operational results:

Key Points: 
  • As of December 31, 2023, Hyzon deployed 19 vehicles under commercial agreements to customers in 2023, towards the upper end of its annual guidance range of 15-20 vehicles.
  • Hyzon also delivered four FCEVs to leading food distributor and supplier, PFG, in December 2023.
  • Hyzon completed its B-sample development phase of the 200kW Fuel Cell System (FCS) in Q4 2023, and advanced to C-sample development phase.
  • The Hyzon management team will host a conference call to discuss its fourth quarter financial results on Friday, March 22, 2024 at 8:30 am Eastern Time.

HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER

Retrieved on: 
Tuesday, March 12, 2024

BOLINGBROOK, Ill., March 12, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.

Key Points: 
  • Developed Fuel Cell Technology Offers Smaller, Lighter, More Fuel-Efficient Option for Global Applications
    BOLINGBROOK, Ill., March 12, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.
  • The single stack 200kW fuel cell system for the Prime Mover was manufactured at Hyzon's U.S. production facility in Bolingbrook, Illinois.
  • Reaching 200kW fuel cell power typically requires two smaller units, but Hyzon has engineered a single stack 200kW fuel cell system that is 30% lower in weight and volume and estimated to be 25% lower in total fuel cell system cost compared to two of its 110kW fuel cell systems combined.
  • Speaking at the event, Hyzon Chief Technical Officer (CTO) Dr. Christian Mohrdieck addressed the unique design elements of the Hyzon fuel cell and fuel cell system.

HYZON LAUNCHES GLOBAL 200kW FUEL CELL SYSTEM IN PRIME MOVER

Retrieved on: 
Tuesday, March 12, 2024

BOLINGBROOK, Ill., March 11, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.

Key Points: 
  • Developed Fuel Cell Technology Offers Smaller, Lighter, More Fuel-Efficient Option for Global Applications
    BOLINGBROOK, Ill., March 11, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.
  • The single stack 200kW fuel cell system for the Prime Mover was manufactured at Hyzon's U.S. production facility in Bolingbrook, Illinois.
  • Reaching 200kW fuel cell power typically requires two smaller units, but Hyzon has engineered a single stack 200kW fuel cell system that is 30% lower in weight and volume and estimated to be 25% lower in total fuel cell system cost compared to two of its 110kW fuel cell systems combined.
  • Speaking at the event, Hyzon Chief Technical Officer (CTO) Dr. Christian Mohrdieck addressed the unique design elements of the Hyzon fuel cell and fuel cell system.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Electric Commercial Vehicle Market worth USD 255.6 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 4, 2024

The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).

Key Points: 
  • The EU provides incentives for electric vehicles (EVs), such as battery electric vehicles (BEVs) and fuel cell electric vehicles (FCEVs).
  • The 121–200 kWh battery capacity segment of the electric commercial vehicle market is witnessing substantial growth for several reasons.
  • The North American electric commercial vehicle market is experiencing significant growth driven by various factors, including tightening emission regulations, increasing environmental awareness, and advancements in electric vehicle (EV) technology.
  • Thus, all such factors are expected to boost the North American electric commercial vehicle market during the forecast period.

Honda Presents World Premiere of Production Model of "CR-V e:FCEV" at H2 & FC EXPO Tokyo

Retrieved on: 
Friday, March 1, 2024

The CR-V e:FCEV features a cabin as spacious as the CR-V base model.

Key Points: 
  • The CR-V e:FCEV features a cabin as spacious as the CR-V base model.
  • Furthermore, compared to the Honda Clarity Fuel Cell, vibration and noise were significantly reduced, greatly improving the quality of the driving experience.
  • This enables the CR-V e:FCEV to serve as a power source during power outages as well as for outdoor recreational activities.
  • Furthermore, the Japanese version of the CR-V e:FCEV is equipped with a direct current (DC) output connector based on the CHAdeMO standard.

Plug Delivers Several Portable Liquid Hydrogen Refuelers to Customers

Retrieved on: 
Monday, February 12, 2024

LATHAM, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, delivered several first-of-its-kind liquid hydrogen portable refuelers to transit agencies and trucking fleet customers.

Key Points: 
  • LATHAM, N.Y., Feb. 12, 2024 (GLOBE NEWSWIRE) -- Plug Power Inc. (NASDAQ: PLUG), a global leader in comprehensive hydrogen solutions for the green hydrogen economy, delivered several first-of-its-kind liquid hydrogen portable refuelers to transit agencies and trucking fleet customers.
  • The product was designed to reduce infrastructure costs and deployment time for medium-duty and heavy-duty hydrogen-powered commercial vehicles.
  • “Our portable refueler product is a prime example of Plug’s cutting-edge innovation driving cost-effective adoption of hydrogen in hard-to-abate sectors like transportation,” said Andy Marsh, Plug CEO.
  • To learn more about being a Plug portable refueler customer, visit https://www.plugpower.com/learn-more-about-plugs-portable-refueler/ .

SoCalGas Showcases Zero Emissions Hydrogen Fuel Cell Electric Technologies by Kenworth and Toyota at 2024 World Ag Expo

Retrieved on: 
Monday, February 12, 2024

TULARE, Calif., Feb. 12, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) alongside Kenworth Truck Company (Kenworth) and Toyota Motor North America Inc. (Toyota) are displaying two zero emissions hydrogen fuel cell electric vehicles (FCEV) at the annual World Ag Expo this week. SoCalGas' booth will showcase Kenworth's Class 8 T680 hydrogen FCEV truck powered by Toyota, as well as one of SoCalGas's zero emissions fleet vehicles, a hydrogen fuel cell electric Toyota Mirai. As part of SoCalGas' ASPIRE 2045 sustainability strategy, SoCalGas has converted 38% of its over-the-road fleet to run on alternative fuels like hydrogen, renewable natural gas, and battery electric. The company aims to continue growing its alternative fuel vehicle (AFV) fleet, with an interim goal of reaching a 50% AFV powered fleet by 2025 and a 100% zero emissions fleet by 2035.   

Key Points: 
  • TULARE, Calif., Feb. 12, 2024 /PRNewswire/ -- Southern California Gas Company (SoCalGas) alongside Kenworth Truck Company (Kenworth) and Toyota Motor North America Inc. (Toyota) are displaying two zero emissions hydrogen fuel cell electric vehicles (FCEV) at the annual World Ag Expo this week.
  • SoCalGas' booth will showcase Kenworth's Class 8 T680 hydrogen FCEV truck powered by Toyota, as well as one of SoCalGas's zero emissions fleet vehicles, a hydrogen fuel cell electric Toyota Mirai.
  • As part of SoCalGas' ASPIRE 2045 sustainability strategy , SoCalGas has converted 38% of its over-the-road fleet to run on alternative fuels like hydrogen, renewable natural gas, and battery electric.
  • Also on display at the booth is one of SoCalGas' zero emissions hydrogen fleet vehicles, the Toyota Mirai, which uses a hydrogen fuel cell to generate the electricity that powers the vehicle.

Automotive Fuel Cell Market worth $2.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024

Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.

Key Points: 
  • Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.
  • The fuel cell stack, a crucial fuel cell system component, consists of two flow field plates and a Membrane Electrode Assembly (MEA).
  • The fuel cell stack is considered the fuel cell system's most expensive component due to platinum's inclusion.
  • In October 2023, a 50kW fuel cell module (FC module) was developed by Toyota Motor, representing a compact fuel cell (FC) system.

Automotive Fuel Cell Market worth $2.1 billion by 2030 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024

Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.

Key Points: 
  • Fuel Cell Hybrid Electric Vehicles (FCHEVs) have emerged as a promising solution in the automotive fuel cell industry , embodying a harmonious integration of fuel cell technology and secondary energy storage systems.
  • The fuel cell stack, a crucial fuel cell system component, consists of two flow field plates and a Membrane Electrode Assembly (MEA).
  • The fuel cell stack is considered the fuel cell system's most expensive component due to platinum's inclusion.
  • In October 2023, a 50kW fuel cell module (FC module) was developed by Toyota Motor, representing a compact fuel cell (FC) system.