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Stock impact report

Hyzon Motors to supply 154-ton fuel cell-powered hydrogen trucks to Australian subsidiary of Korea Zinc, world's largest zinc producer

Hyzon Motors Inc. - Class A (HYZN) 
Company Research Source: PR Newswire
ROCHESTER, N.Y., Sept. 14, 2021 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, announced today that it has received a definitive order for five, 154-ton trucks from Ark Energy Corporation, the Australian subsidiary of the world's largest zinc, lead and silver producer, Korea Zinc. Under the order, Hyzon is obligated to deliver the zero-emission vehicles to Ark Energy by the end of 2022. Ark Energy will lease the trucks to its sister company, Townsville Logistics, which will deploy them in triple (three-trailer) road train configurations as part of their short-haul fleet operating on a 30-kilometer loop from the Port of Townsville to the Sun Metals zinc refinery owned by the group.  The fuel cell trucks, replacing their diesel equivalents, are expected to reduce carbon dioxide emissions by over 1,400 tons per year.Hyzon expects to assemble the vehicles in Australia, aligning with the company's Show less Read more
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