Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Roth MKM maintains Hyzon Motors HYZN at Buy and maintains a price target of $1.6
3-25-2024
https://marketsblock.com/stock-upgrades-and-downgrades/
Related post from Stocktwits, courtesy of VampireSlayer.
Exciting quotes from video from owner/operator:
-Carriers are realizing that they can produce their own fuel so that's a big incentive for them that could result in a big market advantage.
-This is just the the first iteration of the iphone
-I rate it 99% out of 100% score
-Only about a 10% weight disadvantage.
-Only Nikola has worked out the problem that if the battery depletes the fuel cell keeps delivering power to the drivetrain.
-The industry knows that this is what's coming across the industry
-If you buy in California 90% of the cost is covered
Nikola hydrogen FCEV truck review, starts at minute 21:43 into the video.
FreightWaves
28.1K subscribers
Posted Mar 25, 2024
Dooner is talking to Coyote Container’s William Hall about the company’s Nikola Fuel Cell EV truck. Now that Coyote Container has had the truck in service, how is it performing under real loads and on really challenging roads like Donner Pass?
US to unveil final plans for $1bn subsidy scheme for clean hydrogen users by end of September
A Contracts for Difference-style scheme is being considered, controversial programme leader Ernest Moniz tells conference
21 March 2024
https://www.hydrogeninsight.com/policy/us-to-unveil-final-plans-for-1bn-subsidy-scheme-for-clean-hydrogen-users-by-end-of-september/2-1-1616309
A US government plan for $1bn of subsidies for clean hydrogen users will be finalized by the end of September, the programme leader told the CERAWeek energy conference in Houston this week.
Ernest Moniz, a controversial figure who was US energy secretary under President Barack Obama, was appointed by the Department of Energy in January to lead a consortium tasked with designing and implementing “demand-side support mechanisms for unlocking the market potential” of the seven Regional Clean Hydrogen Hubs.
In other words, to ensure that the clean H2 produced at these hubs — which are backed with $7bn of government grants — is actually sold.
“We want the supply and delivery infrastructure and demand to work together in a way that builds markets, gets costs down, and ultimately allows the market to run with the hydrogen economy towards a low-carbon future,” Moniz told delegates on Tuesday.
The consortium, known as the Hydrogen Demand Initiative (H2DI) is currently considering the best ways to use the $1bn of funding, he said.
One potential model under consideration, Moniz continued, was a Contracts for Difference-style scheme — which could pay users the difference in cost between grey and clean hydrogen — although he did add that it might “not be the right match here”.
Moniz is a controversial figure for several reasons. He has been accused of accepting Big Oil funding while in charge of the MIT Energy Initiative and consequently producing dubious studies that backed climate inaction and fossil-fuel initiatives such as carbon capture and fracking, while ignoring warnings on methane emissions while in government.
His appearance in the 2022 BBC documentary, Big Oil v the World, which covered the fossil-fuel industry's climate denial campaigns of the 2000s and 2010s, implicated Moniz as part of the conspiracy, particularly when he refused to answer questions on the matter.
The H2DI consortium is led by Moniz’s EFI Foundation, and includes market intelligence firm S&P (which, incidentally, runs the CERAWeek conference), financial exchange operator Intercontinental Exchange, the MIT Energy Initiative and law firm Dentons.
China's largest green hydrogen refuelling station is selling H2 at a seventh of the cost of the fuel in California
Sany claims its integrated production and fuelling complex supplies hydrogen at cost parity with diesel
15 March 2024
https://www.hydrogeninsight.com/transport/chinas-largest-green-hydrogen-refuelling-station-is-selling-h2-at-a-seventh-of-the-cost-of-the-fuel-in-california/2-1-1613409
The largest integrated green hydrogen production and refuelling complex in China is able to supply hydrogen at 35 yuan per kilo ($4.86/kg), near cost parity with diesel, according to reporting by the Chinese newspaper Hunan Daily.
Unlike the vast majority of China's hydrogen refuelling stations, engineering firm Sany’s filling spot in the city of Changsha, Hunan province, which entered into a testing phase this week, produces its own H2 onsite via alkaline electrolysers, thus avoiding transportation costs.
The electrolysers are capable of producing up to 180kg an hour, but the pumps can only dispense two tonnes per day — enough to fill up more than 100 vehicles.
By way of comparison, hydrogen fuel is being sold at the pump elsewhere in China for 75 yuan per kilo — which is still cheaper than in other countries. The largest H2 fuel market in the US, California, is currently seeing pump prices of $36/kg — more than seven times higher than the Changsha facility — while in Germany, Europe's largest market, current per-kg prices are between €12.85 and €15.75 ($14-16.60).
If the price of H2 fuel in China drops below 30 yuan per kilogram, such as via future technology upgrades, “hydrogen fuel vehicles are more competitive than diesel vehicles” even without subsidies, said Wang Zhimin, director of Sany Hydrogen Energy Hydrogenation Equipment Institute.
While hydrogen is often highlighted as a way to decarbonise heavy, long-haul transport, the switch from existing trucks will depend on logistics firms committing to high upfront costs or renting from emerging pay-to-use schemes such as a programme run by Shell in Germany.
However, because diesel is already a relatively expensive fossil fuel, particularly in markets with higher taxes, some green hydrogen investors have suggested that the cost gap is easier to bridge than with cheap natural gas or even grey H2, potentially making it an easier sell for use in road transport than by industrial offtakers.
But others have pointed out that most of the pump price at hydrogen refuelling sites is not based on the price of the H2 molecule, but the capex of the filling station as well as extra costs from compression and maintenance.
While Sany appears to be leveraging economies of scale, the 37-million-yuan station will not be open to the public but rather supply fuel-cell trucks used in company operations — which could limit its utilisation rate.
Similarly, although the engineering firm uses solar panels to power the electrolysers, it is unclear whether the complex has another source of renewable electricity or uses grid power for production during night.
Green Hydrogen Will Become The 21st Century Version Of Oil
Ken Silverstein, Senior Contributor, I cover global energy and climate issues
Mar 18, 2024
https://www.forbes.com/sites/kensilverstein/2024/03/18/green-hydrogen-will-become-the-21st-century-version-of-oil/
When green hydrogen gets its legs, it will become the ‘new oil’—the energy source that drives the global economy. As such, countries are now preparing and forming international coalitions to position themselves for that future.
The quest to hit net zero by 2050 is generating interest in clean hydrogen, which also has the potential to decarbonize hard-to-abate sectors such as steel, chemicals, and shipping. While technology and clean energy prices are falling, they must decline more to complete this energy transformation.
"We need to reduce emissions and provide clean energy, which will require new investments in the technology and production of green hydrogen," says Fredrik Mowill, chief executive of Hystar, in an interview. "If you need clean energy, then green hydrogen is an important part of that transition. The money flowing in will create new jobs, technologies, and markets, tremendously impacting the entire value chain. We will spend less money on traditional carbon-based fuels, too."
The green hydrogen market will expand from about $1 billion today to $30 billion in 2030, according to MarketsandMarkets. Low renewable energy prices and advancements in electrolysis will drive the growth. However, a lack of transportation and storage infrastructure is a barrier. That’s why countries and companies are partnering to build economies of scale.
The advantages of hydrogen are that it is abundant, renewable, and non-polluting. But it is expensive to make, transport, and store.
Today, coal and natural gas reactions produce almost all hydrogen, referred to as "grey hydrogen," and do nothing to limit CO2 emissions. The goal is to create hydrogen from low-carbon sources, or "green hydrogen."
For example, the United Arab Emirates targets a 25% global market share of low-carbon hydrogen by 2030. It is joining forces with Germany to expand its portfolio. Furthermore, Japan announced a $100 million investment to convert fossil-fired plants into ammonia and hydrogen-based plants. South Korea, meanwhile, has set aside $40 billion to expand its hydrogen infrastructure by 2040—from production tools to fuel cells to filling stations.
"As a result of this energy transition and increased investment in green hydrogen, we are seeing international consortiums in the United States, Australia, and the Middle East," says Mowill. “The challenge is to scale up and meet the demand."
Scale Is The Goal
Consider: Solar panels may create excess power—energy stored in a battery and used in an electrolyzer to make pure hydrogen and produce electricity. The electrolyzer creates an electric current to split the hydrogen and oxygen from water.
To that end, the Norwegian energy conglomerate Equinor is working with Hystar to test electrolyzers associated with offshore wind power. Plug PowerPLUG -5%, and Fortescue Future Industries are partnering to build a gigafactory in Queensland, Australia, to produce those devices. European and Asian companies are deploying Enapter's electrolyzer. Hydrogen Insights 2023 says manufacturers had $8 billion of electrolyzers in the queue through October 2023.
Cost is the obstacle. Scale is the goal. Steel and shipping are among the most complex sectors in which to decarbonize. Enter green ammonia, an interim step for industrial users—a fuel that wind and solar power can produce and that traditional engines or fuel cells can use. Traditionally, industries burn gas to boil water to make steam or coal to heat a boiler, which uses a lot of fuel and creates too many emissions.
DNV GL predicts widespread adoption of ammonia fuel will begin in 2037 — expected to make up 25% of the maritime fuel mix by 2050; shipping comprises 13% of all transportation-related CO2 releases. Samsung Heavy Industries, Lloyd’s Register, and MAN Energy Solutions are developing an ammonia-fuel ship.
Steel is also hard to decarbonize—a $1 trillion industry contributing about 7% of global greenhouse gas emissions. Germany's Uniper focuses on producing hydrogen from green sources, while Salzgitter is a vast steel maker that wants to produce steel using green hydrogen. In this case, Uniper is developing green hydrogen projects to convert green ammonia back to hydrogen.
DNV GL says, "Green hydrogen from electrolysis will be the main long-term solution for decarbonizing hard-to-abate sectors."
Suppose green hydrogen hits its potential: Manufacturers could reduce their production costs and emissions—a win-win in a competitive global economy. That’s the force behind many international partnerships and why green hydrogen may likely become this century’s energy king.
Hyzon CEO Parker Meeks: We are 'proud' to have hydrogen fuel cell technology
Hyzon CEO Parker Meeks says the company is 'just getting started' with the development on 'The Claman Countdown.'
March 22, 2024
https://www.foxbusiness.com/video/6349494865112
Repost from FCEL board, courtesy of JohnnyHydrogen.
Green Hydrogen Tax Credit: 45V Answers Expected Soon
https://www.jdsupra.com/legalnews/green-hydrogen-tax-credit-45v-answers-7160473/
Big hearing on Monday.
Manchin wrote a beautiful 45 V tax credit which was fair to everyone and which would have been great for hydrogen. This was after much negotiation. Then the Biden-Harris administration jobbed everybody except for solar industry with an unprecedented move which kneecaped the entire H2 industry. Now we wait to see how it will all play out. It is what it is
HYZON ANNOUNCES FOURTH QUARTER 2023 FINANCIAL AND OPERATING RESULTS
MARCH 22, 2024
Link to Press Release https://investors.hyzonfuelcell.com/news/news-details/2024/HYZON-ANNOUNCES-FOURTH-QUARTER-2023-FINANCIAL-AND-OPERATING-RESULTS/
Link to Presentation https://investors.hyzonfuelcell.com/files/doc_financials/2023/q4/Q4-2023-Earnings-Deck_FINAL.pdf
Link to Webcast https://app.webinar.net/3N1AlbDLw9M
Link to Previous (Q3 2023) Results https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173217238
Announces first commercial delivery of fuel cell electric truck in the U.S.
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:
Recent Highlights
- Advanced single stack 200kW fuel cell technology from B-sample to C-sample development phase
- Completed first deliveries in the United States, including four fuel cell electric vehicles (FCEVs) to Performance Food Group (PFG) at its Vistar facility in Fontana, California
- Commenced trial deployment of a fuel cell electric waste collection truck with REMONDIS Australia, a global recycling, service, and water company
- Deployed 19 FCEVs in 2023 at the high-end of 15-20 FCEV guidance range, including PFG deliveries and REMONDIS commercial trial vehicle
- Accelerated refuse program in North America through a recently announced Joint Development Agreement with New Way Trucks, the largest private refuse equipment manufacturer in North America
- Unrestricted cash, cash equivalents, and short term investments of $112.3 million as of December 31, 2023, from $137.8 million as of September 30, 2023
"2023 was an inflection point for Hyzon from a commercial and operational standpoint. We deployed 19 vehicles globally, including to both large fleet and drayage customers and our first heavy-duty fuel cell electric truck in the United States. Additionally, we advanced our industry-leading single stack 200kW fuel cell technology from B-sample to C-sample development by completing manufacturing and factory acceptance testing, full design verification, and certain durability testing of 25 200kW fuel cell system B-samples. Operationally, we took steps to drive efficiencies and significantly reduce our monthly cash burn rate while accelerating our leading 200kW fuel cell system technology and FCEV commercialization," said Hyzon Chief Executive Officer (CEO) Parker Meeks.
Fourth Quarter 2023 Business Highlights
Fuel Cell Electric Vehicle Deployments
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. Of those vehicles, five were deployed in the U.S. to both drayage and large fleet customers, three in Europe, and 11 in Australia.
In Q4 2023, as a part of the 19 deployments, the Company also announced the commercial trial deployment of its first fuel cell electric waste collection truck to REMONDIS Australia. The four month trial completed successfully, and Hyzon is working with REMONDIS to transfer ownership of the truck to REMONDIS under the existing commercial agreement.
Commercial Progress
The Company announced sale and delivery of a heavy-duty FCEV in the United States to a U.S. drayage customer operating at the ports of Los Angeles and Long Beach, California, marking Hyzon's entry into the U.S. drayage market in Q4 2023.
Hyzon also delivered four FCEVs to leading food distributor and supplier, PFG, in December 2023. Contingent upon a successful trial with Hyzon's 200kW FCEV, Hyzon and PFG plan to collaborate on an agreement for 15 200kW FCEVs, with an option for an additional 30 FCEVs.
Hyzon entered into a revised commercial agreement with TR Group, New Zealand's largest heavy-duty truck fleet owner, for up to 20 FCEVs upfit with Hyzon's single stack 200kW fuel cell system. Following the initial commercial trial, TR Group has an option to purchase the two trial trucks as well as to upfit another 18 trucks with Hyzon's 200kW fuel cell systems.
Single Stack 200kW Fuel Cell System Advances to C-Sample Development Phase
Hyzon completed its B-sample development phase of the 200kW Fuel Cell System (FCS) in Q4 2023, and advanced to C-sample development phase. In Hyzon's C-sample phase, FCSs are built with production tooling to meet all technical requirements. This step precedes Start of Production (SOP), which is currently on track for the second half of 2024.
The Company develops and builds key components for its 200kW FCSs in-house at its fuel cell production facility in Bolingbrook, Ill., including proprietary electrode formulations and Hyzon's roll-to-roll, Membrane Electrode Assembly manufacturing line. Hyzon has less than $5 million in estimated remaining capital expenditures to reach SOP, with an expected capacity at SOP of 700 200kW fuel cell systems over three shifts.
Newly Appointed Chief Technology Officer
In December 2023, Hyzon announced the appointment of Dr. Christian Mohrdieck as Chief Technology Officer. Mohrdieck joins Hyzon with extensive C-Suite experience, most recently serving as Chief Commercial Officer of cellcentric GmbH & Co. KG, a joint venture between Daimler Truck AG and the Volvo Group AB.
Prior to his role at cellcentric, Mohrdieck was Chief Executive Officer of Mercedes-Benz Fuel Cell GmbH since 2015, before it merged into Daimler Truck Fuel Cell GmbH & Co. KG.
Fourth Quarter 2023 Financial Updates
As of December 31, 2023, unrestricted cash, cash equivalents, and short-term investments were $112.3 million, approximately $25.5 million lower than the September 30, 2023 balance of $137.8 million. Net cash burn of $25.5 million during the quarter represented the lowest quarterly net cash burn over the last nine quarters and the fourth consecutive quarter of declining net cash burn.
"We are pleased with the continued progress we have made on reducing our net cash burn through focused operational efficiencies, cash management, lower legal and professional services expenses, and strategic focus. Our quarterly net cash burn in Q4 came to $25.5 million representing a fourth consecutive quarter of declining burn, showing our continued focus on prudent cash and capital management while driving our technology and commercialization progress forward," said Hyzon Chief Financial Officer Stephen Weiland.
Conference Call Information
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.
Participants may access the call at 1-888-800-7840, international callers may use 1-646-307-1856 and enter the access code 5240234. To listen to the live audio webcast and Q&A, visit the Hyzon investor relations website at https://investors.hyzonfuelcell.com/.
About Hyzon
Hyzon is a global supplier of high-performance hydrogen fuel cell technology focused on providing zero-emission power to decarbonize demanding industries. With agile, high-power technology designed for heavy-duty applications, Hyzon is at the center of a new industrial revolution fueled by hydrogen, an abundant and clean energy source. Hyzon focuses on deploying its fuel cell technology in heavy-duty commercial vehicles across North America, Europe, and Australia/New Zealand today and in tomorrow's power generation and energy storage, mining, construction, rail, marine, and airport ecosystems. To learn more about how Hyzon partners across the hydrogen value chain to accelerate the clean energy transition, visit www.hyzonfuelcell.com.
Beauty is in the rye of the beerholder!
Repost from FCEL board, courtesy of JohnnyHydrogen.
What a cutie in the video. Brains and Beauty. She should be Global Hydrogen Spokesperson.
https://www.gbnews.com/lifestyle/cars/hydrogen-vehicles-backed-major-brand-renault-master-plan
Hear Hear!
Hyzon's hydrogen fuel truck is wowing crowds at #CERAWeek in Houston, showcasing a sustainable future for transport. Silent and efficient, it's proof that clean energy can deliver performance without compromise.
— Hyzon (@hyzon) March 19, 2024
Follow us today as we transform heavy-duty industry with hydrogen! pic.twitter.com/QbUe9o6LTv
Repost from PLUG board, courtesy of B_B!
'US hydrogen tax credits would survive a Trump administration', say well-connected lobby groups
Trump campaign has said ex-president would seek to repeal all or significant parts of the Inflation Reduction Act if he returns to office next year
20 March 2024 By Leigh Collins and Russell McCulley
The hydrogen production tax credits passed by Congress in 2022 would not be repealed if Donald Trump regains the presidency, according to the influential American Petroleum Institute (API) — the country’s largest oil & gas trade association and lobby group, and a significant Republican Party donor.
.....
https://www.hydrogeninsight.com/policy/us-hydrogen-tax-credits-would-survive-a-trump-administration-say-well-connected-lobby-groups/2-1-1615241
Reposts from FCEL board, courtesy of JohnnyHydrogen.
Biden admin mounts defense of ‘clean’ hydrogen
https://www.eenews.net/articles/ceraweek-biden-admin-mounts-defense-of-clean-hydrogen/
Hopefully all this talk amounts to something finally.
- - -
Hydrogen vehicles backed by major car brand with calls to develop a 'master plan' for wider rollout
https://www.gbnews.com/lifestyle/cars/hydrogen-vehicles-backed-major-brand-renault-master-plan
Mission Hydrogen webinar: Liquid Hydrogen Distribution
March 20, 2024, 16:00 CET, 11 am ET
Heinz Mitterbacher | Linde Engineering
Register now for free https://event.webinarjam.com/channel/mh-liquid-h2-log
Repost from PLUG board, courtesy of B_B!
Exxon Chief Executive Officer and Chairman Darren Woods told CERAWeek conference in Houston he doubted the United States would meet its goal of reaching net zero carbon emissions in 2050 — partly because the cost green hydrogen made from renewable energy was too high for customers.
Oil executives cast doubt on future of hydrogen
By Ben Lefebvre | 03/18/2024
The heads of Exxon Mobil, Saudi Aramco and global trading company Gunvor all said the high cost of producing clean hydrogen was preventing it from displacing oil and natural gas.
HOUSTON — Oil industry executives said on Monday they are skeptical that hydrogen can be used as a viable alternative fuel, potentially throwing a wrench into governments’ climate goals.
The heads of Exxon Mobil, Saudi Aramco and global trading company Gunvor all said the high cost of producing clean hydrogen was preventing it from displacing oil and natural gas. Their pessimism comes as Europe and the United States have created incentives aimed at making the fuel a linchpin in reducing greenhouse gas emissions at industrial sites that are ill-suited to use renewable energy.
Exxon Chief Executive Officer and Chairman Darren Woods told CERAWeek conference in Houston he doubted the United States would meet its goal of reaching net zero carbon emissions in 2050 — partly because the cost green hydrogen made from renewable energy was too high for customers.
.....
https://www.eenews.net/articles/oil-executives-cast-doubt-on-future-of-hydrogen/
Hydrogen-powered trucks heading for Melbourne roads | 7 News Australia
7NEWS Australia
1.64M subscribers
Posted Mar 12, 2024
A hydrogen fuel company is claiming a major breakthrough in emission-free freight in Melbourne. The creator says their semi can match it with diesel equivalents, but it's facing a long road to replace them.
Biden-Harris Administration Releases First-Ever National Strategy to Accelerate Deployment of Zero-Emission Infrastructure for Freight Trucks
Tuesday, March 12, 2024
https://highways.dot.gov/newsroom/biden-harris-administration-releases-first-ever-national-strategy-accelerate-deployment
Landmark Strategy Will Build on New National Electric Vehicle Freight Corridors Designated by the Federal Highway Administration and Advance the President’s Clean Transportation Goal to Decarbonize the Freight Sector to Improve Our Communities, the Environment, and the Economy
RM53, missed it, thanks. I guess I'm not-in-real-time.
5 to 6 mega watts? A small cogen plant would do it. If your factory has a steam requirement, a cogen plant would work for you.
The city of Chicago requires about 50,000 MW during the summer
HYZON ANNOUNCES STEPHANIE MUDGETT AS HEAD OF GLOBAL COMMUNICATIONS AND BRANDING
February 08 2024
https://ih.advfn.com/stock-market/NASDAQ/hyzon-motors-HYZN/stock-news/93235748/hyzon-announces-stephanie-mudgett-as-head-of-globa
Seasoned Professional Brings Decades of Experience Leading Fortune 50 Strategic Corporate Communications to Hyzon
BOLINGBROOK, Ill., Feb. 8, 2024 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the company), a leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced Stephanie Mudgett in the capacity of Head of Global Communications and Branding, effective immediately.
Stephanie J. Mudgett Photo Credit: Dave Sizer
"Stephanie is a consummate communications leader who brings her extensive experience, accomplished strategic communications and public relations track record and unmatched energy to Hyzon. From her decades in the aviation industry at The Boeing Company to advising C-suite executives and overseeing business communications for Fortune 50 brands, Stephanie has done it all and we are excited to have her advising Hyzon," said Hyzon CEO Parker Meeks. "As our first Head of Global Communications and Branding, Stephanie's role is a vital next step in communicating the unique value of Hyzon's technology and commercialization as we work to accelerate the hydrogen transition and decarbonize transport and stationary applications."
As Head of Global Communications and Branding, Mudgett will lead all of Hyzon's communications functions, including branding and marketing, as well as the development and execution of the company's internal and external messaging. She will also oversee corporate reputation management, and strategic planning in support of the company's primary business objectives. Mudgett's involvement comes at a critical time for Hyzon as the company begins 2024 anticipating achievement of significant milestones ahead, such as the Start of Production (SOP) for the 200kW fuel cell system and the delivery of the first 200kW FCEVs into trial.
Mudgett, a Seattle native, is an industry veteran with 35 years of communications, branding, and public relations experience, including more than 30 years at The Boeing Company as both an employee and consultant, where she led global communications and branding efforts for airplane programs and executive communications. She also led numerous strategic communication efforts for some of The Boeing Company's most innovative technologies, impactful initiatives and product launches across their full lifecycle. Her deep knowledge of manufacturing, engineering and employee engagement will further support Hyzon's mission of accelerating decarbonization and the fight against climate change.
Since 2017, Mudgett has served as Vice President of Communications for global investment firm WestRiver Group (WRG), where she managed executive communications and public relations for WGR internally as well as for its innovative portfolio companies in the clean energy, technology, and life science industries, among others. She will continue to serve as an executive public relations counselor for WRG. In addition, Mudgett is a senior consultant at West Coast public relations and communications firm Fearey, where she provides strategic advice and counsel for legendary brands and clients regarding various issues.
Mudgett earned a Bachelor of Arts in broadcast journalism from Western Washington University with advanced studies at Cornell University. Mudgett is serving in her leadership capacity at Hyzon though a contractual agreement with her firm, Easton Communications.
About Hyzon
Hyzon Motors is a global supplier of high-power fuel cell technology focused on integrating its solutions into zero-emission heavy-duty fuel cell electric vehicles. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to supply zero-emission heavy duty trucks to customers in North America, Europe, Australia, and New Zealand to mitigate emissions from diesel transportation - one of the single largest sources of global carbon emissions. Hyzon collaborates with partners across the hydrogen value chain to bring clean hydrogen to the market to support fuel cell vehicle deployments. Hyzon is contributing to the adoption of fuel cell electric vehicles through its demonstrated technology advantage, fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com.
Hyzon has a plan to provide power to move the world—and save the planet. Product by product, innovation by innovation, a new industrial revolution is set to begin soon. Are you ready to join our journey? Check us out Monday to learn how we are powering a better way forward. pic.twitter.com/VRuNUbqZHK
— Hyzon (@hyzon) March 7, 2024
"the release of subsidy funding"
Government loans like PLUG?
Roth/MKM bullish on Hyzon Motors stock, cites 'significant adoption' in 24
Published Mar 06, 2024
https://www.investing.com/news/stock-market-news/rothmkm-bullish-on-hyzon-motors-stock-cites-significant-adoption-in-24-93CH-3326077
On Wednesday, Hyzon Motors Inc (NASDAQ:HYZN), a producer of heavy-duty fuel cell trucks, received a Buy rating from Roth/MKM on its stock, with a price target set at $1.60. The firm highlighted the company's leadership in integrating proprietary fuel cell stacks and anticipates that the production of a new 200 kW fuel cell stack will provide a significant boost to the company's adoption in the second half of 2024.
Roth/MKM pointed out that Hyzon Motors has successfully navigated past challenges, including a settlement with the SEC and the restatement of financials, which has effectively addressed prior issues and removed a significant overhang on the company. The firm expects that trading catalysts for Hyzon Motors will emerge in the form of technology milestones, customer confirmations, an increased delivery tempo, and the release of subsidy funding.
The analyst's optimistic outlook for Hyzon is based on the company's potential to lead in the heavy-duty fuel cell truck market. The upcoming production of the new 200 kW fuel cell stack is expected to be a key factor in driving the adoption of Hyzon's trucks.
In addition to the production ramp-up, the company's recent management changes and the resolution of past financial discrepancies are seen as positive steps that have positioned Hyzon for future growth. The analyst believes these developments will help clear the path for the company to capitalize on upcoming opportunities.
The market is expected to watch closely as Hyzon Motors works towards achieving the outlined technology milestones and increasing its delivery tempo. The release of subsidy funding is also anticipated to play a role in the company's performance, as it could potentially bolster Hyzon's financial position and support its growth initiatives.
GM is developing a fleet of hydrogen-powered medium-duty trucks for DOE pilot
The trucks look like Chevy Silverado 5500 MDs but will run on the most abundant element in the universe.
Mar 5, 2024
https://www.theverge.com/2024/3/5/24090488/gm-hydrogen-fuel-cell-truck-fleet-pilot-doe
With respect, the author doesn't exactly 'refute'. More correctly, he 'hopes'.
Thanks for the post.
Refuting five H2 myths
January 2024
https://read.nxtbook.com/gulf_energy_information/h2tech/january_2024/sf_kruger_h_tec_systems.html
Repost from PLUG board, courtesy of B_B!
Honda doubles down on hydrogen with new fuel cell-powered SUV
By Andrew J. Hawkins, Feb 27, 2024
Honda announced a new hydrogen fuel cell-powered vehicle for the US market in a sign that the automaker has not given up on the most abundant element in the universe for its vehicle lineup.
The 2025 Honda CR-V e:FCEV may not roll off the tongue easily, but Honda insists it can find a fan base, especially as hybrid powertrains are proving to be more popular with US car buyers than pure battery-electric vehicles. The fuel cell electric vehicle will have an EPA-rated range of 270 miles, which includes 29 miles of all-electric driving range.
The CR-V e:FCEV is a compact crossover SUV that is co-developed with General Motors using fuel cell modules produced by the companies’ Fuel Cell System Manufacturing (FCSM) joint venture in Michigan. It will be available for leasing in California later this year, but pricing details were not immediately available.
.....
https://www.theverge.com/2024/2/27/24084163/honda-crv-efcev-hydrogen-fuel-cell-suv-specs-gm
Repost from NKLA board, courtesy of cabel.
5,000 Hydrogen Vehicle Challenge
Edmonton Global
Posted Jun 2, 2023
The time to double down on hydrogen in Alberta is now.
The transportation industry needs a multi-pronged approach to building a low-carbon transportation system and hydrogen has emerged as a viable strategy for companies looking to de-carbonize their fleets – but there are challenges. High cost of vehicles, lack of existing infrastructure, and access to supply are all things that need to be addressed in order for industry to make the transition to hydrogen as a fuel source.
The ultimate goal of this challenge is to have 5,000 hydrogen or dual-fuel hydrogen vehicles on the road in Western Canada in the next five years.
We’re building a task force that will include key decision makers from government and industry coming together to address these barriers – and we want you to join us.
Time to invest in chicken feathers?
Down may be going up!
https://www.msn.com/en-us/autos/news/here-s-how-chicken-feathers-can-help-with-hydrogen-vehicle-production/ar-AA1lyEjE?ocid=mailsignout&pc=U591&cvid=dfc505bd4d3545c3a696e54579c85817&ei=345
Take action with us on 45V for the future of hydrogen
United States Hydrogen Alliance
24 subscribers
Posted Feb 16, 2024
Are you looking to submit a comment on the proposed 45V language? Do you feel as if the proposed language will affect your business? You are not alone. Our organization is bringing together industry professionals with the same concerns to educate lawmakers from 35 states and counting on the importance of crafting inclusive policies that benefit the whole industry.
Our policy convention comes at a turning point for the hydrogen industry, and your participation is crucial to its success. If you want to educate the lawmakers who have the power to save your business, then be at our policy convention on March 1-3 in Tysons, VA.
WTM - Hydrogen Service Vehicles sound prohibitively expensive.
Hydrogen garbage trucks: Decarbonizing a challenging industry in North America
Hydrogen News
21.8K subscribers
Posted Feb 16, 2024
Hyzon Motors Inc. and New Way Trucks have come together to establish a Joint Development Agreement (JDA) to develop hydrogen garbage trucks for the North American Market. The goal is to help reduce emissions produced from the waste management industry by powering vehicles with fuel cells.
CEC Approves $1.9 Billion Plan to Expand Zero-Emission Transportation Infrastructure
February 14, 2024
https://www.energy.ca.gov/news/2024-02/cec-approves-19-billion-plan-expand-zero-emission-transportation-infrastructure
Plug's Portable Hydrogen Refuelers
Plug Power
6.82K subscribers
Posted Feb 12, 2024
Plug’s HL-450D-P is a complete hydrogen refueling station on a portable platform that can be quickly and easily deployed to support fleet vehicle hydrogen refueling at either 350 bar or 700 bar, with minimal site preparation and needing only a single electrical connection.
The product was designed to reduce infrastructure costs and deployment time for medium-duty and heavy-duty hydrogen-powered commercial vehicles. Customers for this solution include fleet vehicle operators looking to decarbonize operations, such as mass transit agencies that operate buses, trains, ferries and more, as well as logistics companies and retail distributors.
Followers
|
19
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
3005
|
Created
|
02/09/21
|
Type
|
Free
|
Moderators WeTheMarket Jack_Bolander |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |