HYZON Motors Inc, a hydrogen mobility company, manufactures hydrogen-powered commercial vehicles and fuel cell systems. It focuses on developing medium and heavy-duty trucks, as well as city and coach buses. The company was incorporated in 2020 and is headquartered in Honeoye Falls, New York.
IPO Year: 2020
Exchange: NASDAQ
Website: hyzonmotors.com
Date | Price Target | Rating | Analyst |
---|---|---|---|
8/5/2022 | $12.00 → $4.00 | Buy → Neutral | DA Davidson |
8/5/2022 | Overweight → Underweight | JP Morgan | |
8/5/2022 | $7.00 → $3.00 | Outperform → Neutral | Wedbush |
4/6/2022 | $12.00 → $6.00 | Buy → Hold | Canaccord Genuity |
2/15/2022 | $7.00 | Equal-Weight | Morgan Stanley |
1/13/2022 | $15.00 | Buy → Neutral | Colliers Securities |
1/13/2022 | Buy → Neutral | Colliers Securities | |
12/23/2021 | $12.00 | Buy | Canaccord Genuity |
10/20/2021 | $7.00 | Neutral | Goldman Sachs |
9/9/2021 | $18.00 | Overweight | JP Morgan |
Company reviewing international markets for consolidation while advancing strategic alternatives assessment BOLINGBROOK, Ill., June 24, 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 that after a comprehensive review of Hyzon's business operations, Hyzon has started realigning its strategic priorities along several lines to focus on the Company's core North American markets and the refuse industry.
BOLINGBROOK, Ill., May 13, 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 first quarter 2024 financial and operating results: Recent Highlights First quarter 2024 Revenue of $10.0 million as compared to no revenue in the prior-year period, demonstrating material progress in customer acceptance and completion of commercial cycleAnnounced Joint Development Agreemen
The Class 8 fuel cell-powered electric refuse collection vehicle heads next to Recology in California to showcase its zero-emissions and operational capabilities LAS VEGAS, May 7, 2024 /PRNewswire/ -- Hyzon (NASDAQ:HYZN), a U.S.-based, leading hydrogen fuel cell technology developer and global supplier of zero-emission powertrains and New Way Trucks, a privately held industry-leading refuse truck body manufacturer, are showcasing North America's first hydrogen fuel cell-powered electric refuse truck at Waste Expo, May 7-9 at the Las Vegas Convention Center. This debut to the U
The Class 8 fuel cell-powered electric refuse collection vehicle heads next to Recology in California to showcase its zero-emissions and operational capabilities. New Way Trucks, a privately held industry-leading refuse truck body manufacturer, and Hyzon (NASDAQ:HYZN), a U.S.-based leading hydrogen fuel cell technology developer and global supplier of zero-emission powertrains are showcasing North America's first hydrogen fuel cell-powered electric refuse truck at Waste Expo, May 7-9 at the Las Vegas Convention Center. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240507997634/en/North America's first hydrogen fuel cell elect
BOLINGBROOK, Ill., May 6, 2024 /PRNewswire/ -- Today, Parker Meeks, Chief Executive Officer of Hyzon (NASDAQ:HYZN), a U.S.-based, leading hydrogen fuel cell technology developer and global supplier of zero-emission powertrains, issued the following statement in support of final regulations the U.S. Department of the Treasury recently released regarding federal tax credits for purchasing clean vehicles, including the up to $40,000 federal tax credit for purchasing qualified commercial clean vehicles. "I applaud the Treasury Department's release of these final regulations, which
BOLINGBROOK, Ill., April 29, 2024 /PRNewswire/ -- Hyzon (NASDAQ:HYZN), 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 that Management will host a conference call to discuss its first quarter 2024 earnings results at 4:30 p.m., ET, on Monday, May 13, 2024. Participants can join the call at 1-888-800-7840 or international callers can use 1-646-307-1856 and enter the access code 5240234. To listen to the live audio webcast and Q&A, v
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 phaseCompleted first deliveries in the United States,
BOLINGBROOK, Ill., March 18, 2024 /PRNewswire/ -- Hyzon (NASDAQ:HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that Management will host a conference call to discuss its fourth quarter and full year 2023 earnings results at 8:30 am ET on Friday, March 22, 2024. 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 t
Australian Team Brings Zero-Emissions Alternatives to Region's Long-Haul Operators U.S. Developed Fuel Cell Technology Offers Smaller, Lighter, More Fuel-Efficient Option for Global Applications BOLINGBROOK, Ill., March 11, 2024 /PRNewswire/ -- Hyzon (NASDAQ:HYZN), a U.S. based leading hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today launched its single stack 200kW fuel cell system and powertrain in a vehicle at a ceremony attended by government officials, heavy-duty fleet operators and company employees and executives.
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 is a consummate communications leader who brings her extensive experience, accomplished strategic c
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DA Davidson downgraded HYZON Motors from Buy to Neutral and set a new price target of $4.00 from $12.00 previously
JP Morgan downgraded HYZON Motors from Overweight to Underweight
Wedbush downgraded HYZON Motors from Outperform to Neutral and set a new price target of $3.00 from $7.00 previously
Canaccord Genuity downgraded HYZON Motors from Buy to Hold and set a new price target of $6.00 from $12.00 previously
Morgan Stanley initiated coverage of HYZON Motors with a rating of Equal-Weight and set a new price target of $7.00
Colliers Securities downgraded Hyzon Motors from Buy to Neutral and set a new price target of $15.00
Colliers Securities downgraded HYZON Motors from Buy to Neutral
Canaccord Genuity initiated coverage of Hyzon Motors with a rating of Buy and set a new price target of $12.00
Goldman Sachs initiated coverage of Hyzon Motors with a rating of Neutral and set a new price target of $7.00
JP Morgan initiated coverage of Hyzon Motors with a rating of Overweight and set a new price target of $18.00
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Former cellcentric/Daimler Executive Brings Extensive C-Suite Leadership Experience in Fuel Cell Technology Development and Commercialization Appointment Comes in Run-Up to Hyzon's U.S.-Manufactured 200kW Fuel Cell System Start of Production ROCHESTER, N.Y., Dec. 5, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced the appointment of Dr. Christian Mohrdieck as Chief Technology Officer (CTO) and the retirement of current CTO Shinichi Hirano.
ROCHESTER, N.Y., July 12, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced the appointment of Matthew Foulston to its Board of Directors, effective July 8, 2023. Foulston will serve as Chair of the Audit Committee and as a member of the Compensation Committee. Foulston is an accomplished financial executive, having served as Chief Financial Officer (CFO) for three publicly listed companies thro
ROCHESTER, N.Y., May 10, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced the appointment of Andrea Farace to its Board of Directors, effective May 4, 2023. Farace will serve on the Nominating and Governance Committee as an independent director. Farace is an accomplished executive and leader with a long career in finance and general business management. He gained more than 40 years of financial services experience in Mergers and Acquisition, Investment Banking, Corporate Banking, Tr
ROCHESTER, N.Y., May 1, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced the appointment of Chief Executive Officer (CEO) Parker Meeks to its Board of Directors, effective immediately. "Since joining Hyzon, Parker has demonstrated a consistent and impressive ability to drive impactful strategic analysis and long-term decisions in a rapidly evolving business environment," said Elaine Wong, Hyzon's Lead Independent Director. "This appointment allows the board to more effectively lever
Meeks Brings Nearly Two Decades of Experience in Energy, Infrastructure, and Transportation Sectors to Top Post ROCHESTER, N.Y., March 13, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), a global supplier of zero-emission fuel cell electric heavy-duty vehicles, today announced it has named Parker Meeks as Chief Executive Officer, effective immediately. Meeks brings deep strategic, analytical, and performance-driven expertise across energy, transportation, and infrastructure to the company, along with strong tactical, operating, and organizational leadership experience. M
Edgley Brings Over 20 Years of Experience in Global Operations, Business Development, Investment, and Sustainability ROCHESTER, N.Y., Jan. 11, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), a global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced John Edgley has been appointed President of International Operations, effective immediately. In his new role, Edgley will oversee and manage Hyzon's Europe, Australia, and New Zealand business regions, including full commercial, operational, and financial responsibilities. In his expan
Parker Meeks Appointed President and Interim Chief Executive Officer; Replacing Craig Knight George Gu Transitions to Non-Executive Chairman ROCHESTER, N.Y., Aug. 17, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN) ("Hyzon" or "the Company"), a leading global supplier of zero-emission fuel cell electric heavy-duty vehicles, today announced the Company's Board of Directors has appointed Parker Meeks, most recently Hyzon's Chief Strategy Officer, as President and Interim Chief Executive Officer, effective immediately, replacing Craig Knight who is also departing from his role as a director of the Company. Mr. Meeks will assume full responsibility for day-to-day management of all business
ROCHESTER, N.Y., June 29, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), today announced that Shawn Yadon has been appointed President, Commerical, effective July 1, 2022. Mr. Yadon will be responsible for commercialization of the North American market while supporting Hyzon's strategic position of the production and sales of our hydrogen fuel cell vehicles. Mr. Yadon comes to Hyzon from the California Trucking Association (CTA), the largest statewide trucking association in the U.S., where he served as the CEO since 2014. In that role, Mr. Yadon has been an industry st
ROCHESTER, N.Y., April 12, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), today announced that Samuel Chong has been appointed Chief Financial Officer, effective April 12, 2022. Mr. Chong will succeed Mark Gordon, who has served as Hyzon's Chief Financial Officer since August 2020. Mr. Gordon will assist with the transition and serve as a senior advisor over the next twelve months. Mr. Chong comes to Hyzon with significant financial executive experience in companies engaged in innovative new technologies. Most recently, Mr. Chong acted as Treasurer and Head of Invest
ROCHESTER, N.Y., Oct. 21, 2021 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN), a leading supplier of zero-emission, hydrogen fuel cell-powered commercial vehicles, today announced the appointment of Pat Griffin as President of Vehicle Operations, effective October 25. Mr. Griffin recently held the position of chief executive officer at Crane Carrier Company ("CCC"), a leading original equipment manufacturer (OEM) of vocational trucks and specialty vehicles. During Griffin's tenure, he successfully positioned the company for growth, supporting the sale by Turnspire Capital Par
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The electric-vehicle space saw a major deal this week, which, along with the broader market strength, imparted some buoyancy. However, stocks closed the week on a mixed note. Here are the key events that happened in the EV space during the week: Can Tesla Clear Lowered Bar? Tesla, Inc. (NASDAQ:TSLA) investors will be on pins and needles, as the company prepares to release its second-quarter deliveries, most likely on Tuesday. Future Fund’s Gary Black said he sees a decent chance of upside surprise given the muted expectations. He noted that the consensus calls for a 6% year-over-year decline in deliveries to 440,000 units, while whisper numbers are around 420,000 units. The fund ma
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BOLINGBROOK, Ill., April 29, 2024 /PRNewswire/ -- Hyzon (NASDAQ:HYZN), 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 that Management will host a conference call to discuss its first quarter 2024 earnings results at 4:30 p.m., ET, on Monday, May 13, 2024. Participants can join the call at 1-888-800-7840 or international callers can use 1-646-307-1856 and enter the access code 5240234. To listen to the live audio webcast and Q&A, v
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 phaseCompleted first deliveries in the United States,
BOLINGBROOK, Ill., March 18, 2024 /PRNewswire/ -- Hyzon (NASDAQ:HYZN) (Hyzon or the company), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles (FCEVs), today announced that Management will host a conference call to discuss its fourth quarter and full year 2023 earnings results at 8:30 am ET on Friday, March 22, 2024. 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 t
Announces First Commercial Delivery of Fuel Cell Electric Truck in U.S. ROCHESTER, N.Y., Nov. 14, 2023 /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 its third quarter 2023 financial and operational results. Recent Highlights Delivered first revenue-generating FCEV to a customer in North America at Port of Los Angeles/Long Beach, commercially entering drayage marketDeployed 14 FCEVs under commercial agre
ROCHESTER, N.Y., Aug. 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), today announced its second quarter 2023 financial and operational results. Recent Highlights Deployed ten FCEVs under commercial agreements and collected $2.9 million in cash year-to-dateU.S. 110kW truck program moved from prototype to productionCompleted 15 vehicle trials in North America since trial program launch in March 2022Five
ROCHESTER, N.Y., July 25, 2023 /PRNewswire/ -- Hyzon Motors Inc. (Hyzon) (NASDAQ:HYZN), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced that Management will host a conference call to discuss its second quarter 2023 earnings results at 8:30AM EDT on Tuesday, August 8, 2023. The conference call can be accessed by dialing 1 (888) 800-3960 or for international callers, 1 (646) 307-1852, and entering the access code 7973027. To listen to the live audio webcast and Q&A, visit the Hyzon
ROCHESTER, N.Y., June 8, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN) ("Hyzon" or the "Company"), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles ("FCEVs"), announced its first quarter 2023 financial results and provided a business update. Recent Business Highlights Refocused the Company's core mission on the development and production of single stack 200kW fuel cell systems, commercialized via streamlined heavy-duty vehicle platforms.Strengthened governance in response to identified conce
ROCHESTER, N.Y., May 25, 2023 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ:HYZN) ("Hyzon" or the "Company"), a global supplier of zero-emission heavy-duty fuel cell electric vehicles today announced that Management will host a conference call to discuss its first quarter 2023 earnings results at 8:30AM EDT on Thursday, June 8, 2023. The conference call can be accessed by dialing 1 (833) 470-1428 and entering the access code 848699. International participants can access the call via the corresponding number listed here and enter the access code 848699. To listen to the live audio
Hydrogen to be produced from green waste and food waste with non-combustion reforming processRichmond, Calif., production facility to serve local hydrogen transportation fuel market, replacing conventional fuelsCommercial operations targeted for Q1 2024PINEDALE, Wyo. and HOUSTON, Jan. 9, 2023 /PRNewswire/ -- Raven SR Inc. (Raven SR), a renewable fuels company, Chevron New Energies, a division of Chevron U.S.A. Inc., a subsidiary of Chevron Corporation (NYSE:CVX), and Hyzon Motors Inc. (NASDAQ:HYZN) today announced they are collaborating to commercialize operations of a green waste-to-hydrogen production facility in Richmond intended to supply hydrogen fuel to transportation markets in Northe
Recent Business Highlights Achieved the significant milestone of producing our first domestic fuel cell stack and system, ahead of schedule, utilizing our proprietary in-house membrane electrode assembly ("MEA") production lineSigned definitive agreement to increase ownership in Hyzon Motors Europe B.V. from 50.5% to 75%Entered into a vehicle supply agreement with Hylane for 5 additional Hyzon fuel cell trucks, bringing total Hylane agreements to 23 trucksSignificant progress in UN Demonstration City, Foshan China; won a public procurement bid for up to $8 million to supply municipal trucks to Hanjie Urban Environmental Management Co., Ltd in addition to the previously announced 8 Hyzon truc