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Hyzon Motors
Company typePublic
NasdaqHYZN
IndustryAutomotive
FoundedMarch 2020; 4 years ago (2020-03) as spin off from Horizon Fuel Cell Technologies, founded in 2003[1]
Headquarters
Rochester, New York
,
United States
Key people
  • Parker Meeks (CEO)
  • Shinichi Hirano (CTO)
  • Jiajia Wu (CFO)
  • Bappa Banerjee (COO)
ProductsHydrogen vehicle, heavy duty truck, Medium duty truck, bus, fuel cell systems
Websitehyzonmotors.com

Hyzon Motors Inc. is an American automotive company based in Rochester, New York. Hyzon develops and manufactures hydrogen fuel cell systems and supplies zero-emission heavy-duty fuel cell electric vehicles. It has offices in Chicago, Detroit, Groningen (the Netherlands), Melbourne (Australia), and Shanghai. With 87 fuel cell electric vehicles delivered in 2021, Hyzon leads OEMs in fuel cell heavy truck deployments.[2][3][4]

History[edit]

Hyzon Motors was founded in 2020 as a spin-off of Singapore-based Horizon Fuel Cell Technologies, which was founded in 2003 with a focus on developing fuel-cell-powered trucks and buses.[5]

In 2021, Hyzon Motors went public with a SPAC merger with Decarbonization Plus Acquisition Corporation.[6]

In June 2022, Hyzon received its zero-emission certification from the California Air Resources Board for its Class 8, 7, and 6 Repowers. That same month Hyzon announced a collaboration with oil field services company Schlumberger Limited, aiming to reduce emissions in upstream oil and gas operations through the use of high-power fuel cells.[7]

Parker Meeks was appointed President and interim CEO in August 2022, and CEO in March 2023.[8]

In June 2023, Hyzon partnered with Performance Food Group to deliver 5 fuel-cell electric vehicles fitted with Hyzon Class 8 110kW fuel cell systems. Additional vehicles will be fitted with Hyzon’s next-generation single 200kW fuel cell system.[9]

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