HYZN - Hyzon Motors to deliver 18 fuel cell electric to Hylane GmbH

Hyzon Motors (NASDAQ:HYZN) will supply its fuel cell electric trucks to German based motor insurers Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung. Hylane has purchased 18 Hyzon vehicles, deliveries schedule to begin in late 2022. "Hyzon's singular mission is to decarbonize transport through zero-emission, hydrogen-powered vehicles," said Craig Knight, Hyzon CEO and co-founder. "Through Hylane's sustainable mobility program, customers across Germany can experience first-hand the vehicle performance, driver satisfaction, and emissions reductions of Hyzon's fuel cell electric trucks. Having a strong partner in the German market has the opportunity to fuel significant long-term growth for Hyzon." Shares up 4.3% premarket. Also read: Electric vehicle stocks are sliding with Shanghai COVID outbreak threatening the supply chain

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Hyzon Motors to deliver 18 fuel cell electric to Hylane GmbH