BOLINGBROOK, Ill., Dec. 20, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the Company has issued a Worker Adjustment and Retraining Notification Act (WARN Act) notice (the Notice) to its employees at the Company's Bolingbrook, Illinois and Troy, Michigan facilities, as well as to substantiall ...

Order Follows Successful Trials and is the Hyzon's Second Fuel Cell Refuse Vehicle Order BOLINGBROOK, Ill., Dec. 17, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced an order for two Fuel Cell Electric Trucks (FCETs) – a refuse collection and Class 8 200kW truck – from South San Francisco Scaven ...

Table of Contents ______________________ ______________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________ FORM 10-Q ______________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Hyzon Motors Inc. ( ...

Hyzon Motors Inc. (NASDAQ:HYZN) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Parker Meeks - Chief Executive Officer Steve Weiland - Chief Financial Officer. Tom Cook - Managing Director at ICR Conference Call Participants Steven Fox - Fox Advisors Robert Wertheimer - Melius Research Operator Good morning, and welcome to Hyzon's Third Quarter 2024 Earnings Call. All participants are in a listen-only mode. After the speaker's remarks, we'll have a question-and-answer ses ...

+ + + + + + + == Hyzon Q3 2024 Earnings November 13, 2024 + 1 + + 1 + Forward Looking Statements 2 This presentation includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include the Company's expectations, hopes, beliefs, intentions or strategies for the future. You are cautioned that such statements are not guarantees of future performance and that the Company's actual results may differ materially from those set forth in the forwa ...

Hydrogen Fuel Cell Technology - Hyzon secured its first hydrogen-powered refuse fuel cell electric truck order in North America from GreenWaste, following a successful trial[2] - The company completed ten successful trials of Class 8 200kW fuel cell electric trucks, with over 30 additional trials scheduled through February 2025[5] - Hyzon achieved start of production for its 200kW fuel cell system and Class 8 fuel cell electric truck, enabling standardized production for commercial sale[2][10] - The refuse fuel cell electric truck demonstrated a fuel efficiency improvement of 230% to 300% compared to diesel, while Class 8 trucks showed a 25% to 50% improvement[7] - Hyzon is positioned to produce 700 fuel cell systems per year, enhancing its capacity to meet growing demand in heavy-duty applications[12] - The company has entered commercial negotiations with the majority of trial customers, indicating strong potential for future orders[5] Financial Performance - As of September 30, 2024, cash and cash equivalents were $30.4 million, down from $112.3 million at the end of 2023[14] - Monthly net cash burn reduced from over $15 million to a projected $6.5 million by year-end 2024[13] - Hyzon's total assets decreased to $51.7 million as of September 30, 2024, from $191.1 million at the end of 2023[18] - Revenue for the three months ended September 30, 2024, was $134,000, compared to $0 for the same period in 2023, indicating a significant increase[20] - Total operating expenses for the three months ended September 30, 2024, were $37,560, a decrease of 6% from $40,072 in the prior year[20] - Loss from operations for the three months ended September 30, 2024, was $(37,426), compared to $(40,072) in the same period last year, reflecting an improvement[20] - Net loss attributable to Hyzon for the three months ended September 30, 2024, was $(41,319), a reduction from $(44,054) in the prior year[20] - Basic and diluted net loss per share attributable to Hyzon for the three months ended September 30, 2024, was $(7.74), compared to $(8.99) in the same period last year[20] - Research and development expenses for the nine months ended September 30, 2024, totaled $28,720, down from $32,794 in the previous year[20] - Selling, general, and administrative expenses for the nine months ended September 30, 2024, were $76,721, compared to $100,999 in the same period last year, showing a decrease of 24%[20] - Total other income (expense) for the three months ended September 30, 2024, was $(3,894), slightly improved from $(3,983) in the prior year[20] - Comprehensive loss attributable to Hyzon for the three months ended September 30, 2024, was $(41,612), compared to $(41,053) in the same period last year[20] - Weighted average common shares outstanding for the three months ended September 30, 2024, were 5,337, an increase from 4,898 in the prior year[20] Quality Certification - The company secured ISO 9001 certification for its fuel cell manufacturing, design, and R&D processes, confirming adherence to high international quality standards[11]

Secured first hydrogen-powered fuel cell electric refuse truck order in North America from waste industry pioneer GreenWasteAchieved start-of-production on the 200kW fuel cell system and 200kW Class 8 fuel cell electric truckTen successful Class 8 200kW and refuse fuel cell electric truck customer trials completed with majority in commercial agreement negotiationsBOLINGBROOK, Ill., Nov. 13, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN) (Hyzon or the Company), a U.S.-based, high-performance, hydrogen fuel cell s ...

BOLINGBROOK, Ill., Nov. 8, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based, high-performance, hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced that Management will host a conference call to discuss its third quarter 2024 earnings results at 8:30 a.m., ET, on Wednesday, November 13, 2024.Participants can join the call at 1-888-800-7840 or international callers can use 1-646-307-1856 a ...

Company's ongoing trial program reinforces commitment to decarbonizing heavy-duty industriesBOLINGBROOK, Ill., Nov. 4, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based high-performance hydrogen fuel cell system manufacturer and technology developer focused on providing zero-emission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its Class 8 200kW Fuel Cell Electric Vehicle (FCEV) with IMC Logistics, the largest container drayage company in ...

Trial Comes as Part of TALKE's Supplier Evaluation Ahead of Final Award of Grant Applications Which Could Fund a Large Fleet of Class 8 FCEV Trucks BOLINGBROOK, Ill., Oct. 30, 2024 /PRNewswire/ -- Hyzon (NASDAQ: HYZN), a U.S.-based highperformance hydrogen fuel cell system manufacturer and technology developer focused on providing zeroemission power to decarbonize the most demanding industries, today announced the completion of a successful trial of its Class 8 200kW Fuel Cell Electric Vehicle (FCEV) with T ...