ROCHESTER, N.Y., Feb. 19, 2021 /PRNewswire/ -- Hyzon Motors Inc.
("Hyzon" or the "Company"), the industry-leading global
supplier of zero-emissions hydrogen fuel cell powered commercial
vehicles, plans to further grow its operations in the Village of Honeoye Falls in Monroe County, New York, creating up to 100
new jobs over the next three years.
This follows Hyzon's announcement on February 9, 2021 that it plans to go public
through a merger with Decarbonization Plus Acquisition Corporation
(NASDAQ: DCRB) in a deal that values the fuel-cell truck company at
$2.7 billion.
Hyzon will renovate 78,000 square-feet of existing building
space on Quaker Meeting House Road where the Company will
manufacture next-generation fuel cells for heavy- and medium-duty
commercial vehicles. Hyzon first established its US operations in
2020 in Honeoye Falls. The Company
has developed hydrogen fuel cell stacks that can provide
up 150kW of power and expect to launch fuel cell systems
capable of 300kW in 2022.
Hyzon CEO Craig Knight
said, "We are excited to announce our plans to build out a
substantial manufacturing facility in the Rochester area, aided by great support from
Empire State Development, Monroe
County, and Greater Rochester Enterprise. Hyzon will be
manufacturing industry leading fuel cell systems that have been
proven in heavy trucks deployed internationally and commissioning
zero emission trucks with zero compromise for fleet
operators."
Governor Andrew M. Cuomo
announced Hyzon's expansion, saying: "New
York's targeted investments in the tech and green energy
industries are attracting new businesses to the state and creating
more opportunities for New Yorkers. Hyzon Motors' decision to grow
its forward-thinking business here in New
York shows that our investments are working. The Company's
new fuel cell manufacturing facility will create 100 top-quality,
high-tech manufacturing jobs, strengthening both the regional and
statewide economies while also furthering our state's green energy
goals."
The full release from the New York
State Office of the Governor is available online.
About Hyzon Motors Inc.
Headquartered in Rochester, NY
and with operations in Europe,
Singapore, Australia and China, Hyzon is a leader in hydrogen mobility.
Hyzon is led by co-founders George
Gu, Craig Knight and
Gary Robb and is a differentiated,
pure-play, independent mobility company with an exclusive focus on
hydrogen in the commercial vehicle market. Utilizing its
proven and proprietary hydrogen fuel cell technology, Hyzon will
produce zero emission heavy duty trucks and buses for customers
across North America, Europe, Asia
and Australia. The Company is
contributing to the escalating adoption of hydrogen vehicles
through its demonstrated technology advantage, leading fuel cell
performance and history of rapid innovation.
For Media:
Brian Brooks
H+K Strategies
713.752.1901
brian.brooks@hkstrategies.com
For Investors:
Caldwell Bailey / Marc Silverberg
HyzonMotorsIR@icrinc.com
View original
content:http://www.prnewswire.com/news-releases/hyzon-motors-to-expand-us-operations-in-monroe-county-new-york-301231497.html
SOURCE HYZON Motors