Rochester’s Hyzon Motors Inc. has received an order for five 154-ton trucks from an Australian subsidiary of the world’s largest zinc, lead and silver producer, Korea Zinc.
Financial aspects of the purchase were not detailed, but Hyzon officials said the company is obligated to deliver the zero-emission vehicles to Ark Energy, the Australian subsidiary, by the end of 2022. Ark Energy plans to lease the trucks to its sister company, Townsville Logistics, which will deploy them in three-trailer road train configurations as part of its short-haul fleet.
The fuel cell trucks, which will replace the company’s diesel equivalents, are expected to reduce carbon dioxide emissions by more than 1,400 tons per year.
Hyzon will assemble the vehicles in Australia, aligning with the company’s plans to boost Australian production of fuel cell vehicles. The project is expected to be the first in the world to use Hyzon’s ultra-heavy-duty fuel cell vehicles.
“Hyzon is the only hydrogen commercial mobility company that can meet our needs,” said Ark Energy CEO Daniel Kim in a statement. “Our fuel cell trucks need to be 154-ton rated, built to Australian Design Rules and delivered by the end of next year. That was the ultimate basis for placing this order.”
Hyzon has committed to developing its next-generation 370kW fuel cell systems — the equivalent of 500 horsepower — and this project will help advance the growing market for the application in Australia’s ultra-heavy transport sector.
“This definitive order from Ark Energy is a prime example that decarbonization is happening now,” said Hyzon CEO Craig Knight. “Our work with Ark Energy will help lay the foundation for an emissions-free future in Australia.”
Separately, Hyzon said last week that it had signed a memorandum of understanding with Shanghai Hydrogen HongYun Automotive Co. Ltd. for the purchase of 500 hydrogen-powered electric trucks.
Hyzon expects to provide 49-ton hydrogen-powered tractor trucks to HongYun, subject to execution of a definitive vehicle supply agreement. Under the non-binding MoU, the initial order of 100 vehicles is expected prior to the end of this year, while the remaining 400 vehicles will be ordered in 2022.
HongYun focuses on providing logistics solutions primarily through hydrogen-powered fuel cell electric vehicles. The company provides operation, leasing and maintenance service for customers nationwide, including one of the world’s largest steelmakers.
“Hydrogen fuel cell technology has been adopted more quickly in China than the rest of the world,” Knight said in a separate statement. “This allows Hyzon to begin the critical work of decarbonizing the environment while building experience, capacity and expertise, which will be applied globally.”
Shares of company stock (Nasdaq: HYZN) have ranged from $ 6.02 to $19.95 in the last 52 weeks, settling at $9.76 midday Tuesday.
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