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Re: G-OiL-D post# 1290

Thursday, 10/06/2022 12:57:39 AM

Thursday, October 06, 2022 12:57:39 AM

Post# of 3052
The filings do show progress with the Hyzon Europe negotiations to cancel the one deal. Money in escrow, terms, end date, etc.

Holthausen now has an end date, with some wiggle room for an extension. Imho, the EU is going to have a tough few months ahead. Both Hyzon and Holthausen may not want to delay a deal in the likely economic environment. Europe needs the alternative fuel vehicles. Will HYZN build a rental fleet?

Just guessing, but the revised financials that are forthcoming will include the China truck sale in some form or other. Hopefully, payment will be made, terms negotiated, and all parties satisfied.

Fyi, the Party Congress meets mid October. Many will be focussed on leadership and policy decisions looking forward. China also needs a fleet of hydrogen trucks, etc.
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