New York-based hydrogen truck maker Hyzon Motors has signed an agreement to supply 500 hydrogen-powered electric trucks to a Shanghai-based logistics company.
Under the Memorandum of Understanding (MoU, Hyzon Motors will first supply 100 49-tonne hydrogen fuel cell electric vehicles (FCEVs) to HongYun Automotive by the end of 2021, with a further 400 to be ordered in 2022.
HongYun Automotive is primarily a logistics solutions provider, focusing on hydrogen FCEVs and provides operation, leasing, and maintenance services for customers across China – customers which includes one of the world’s largest steelmakers.
“Hydrogen fuel cell technology has been adopted more quickly in China than in the rest of the world,” said Craig Knight, CEO of Hyzon.
“This allows Hyzon to begin the critical work of decarbonizing the environment, while building experience, capacity, and expertise which will be applied globally.”
Hyzon Motors, a spin-off from Singapore based Horizon Fuel Cell Technologies, sells a range of FCEV trucks based on its Hyzon heavy truck platform, including prime mover and tractor-trailer configurations, and heavy rigid truck platforms for maximum-load refuse trucks, large concrete trucks, and other demanding operations.
Its heavy-duty trucks weigh up to 50 tonnes and feature the world’s highest power density fuel cells with a driving range of between 400-kilometres and 600-kilometres, depending on what is being hauled, and with power output of 500kW, or 670hp.
Hyzon Motors also sells medium duty FCEV trucks and city and coach bus models.
At the beginning of the year, Hyzon secured a merger agreement reportedly worth $US2.7 billion ($A3.5 billion) which led to the company listing on the Nasdaq Global Select market under the ticker symbol “HYNZ” in July.
Hyzon also signed a deal in July to supply what is expected to be the world’s heaviest zero-emissions truck on record, at 154 tonnes or twice the weight of the Space Shuttle, to an unnamed European heavy-lift, transport, and rigging group.
A few days later, the company signed a deal to deliver five of its “ultra-heavy-duty” hydrogen-powered trucks to the Queensland zinc refinery operation of the world’s largest zinc, lead, and silver producer, Korea Zinc subsidiary Ark Energy, as well as its sister company Townsville Logistics.
“When we scoured the world for fuel cell trucks, we found that Hyzon Motors was the only hydrogen mobility company that could manufacture fuel cells stacks with a sufficient power density to meet our requirements including the ultra-heavy payload and built to Australian Design Rules,” said Ark Energy CEO Daniel Kim, speaking in July.
“In addition, Hyzon Motors was the only OEM that was interested in supplying the Australian market in the next 18 months.”