ROCHESTER, N.Y., July 13, 2021 /PRNewswire/ -- Hyzon
Motors Inc., a leading global supplier of zero-emission hydrogen
fuel cell-powered commercial vehicles, announced today that it has
delivered its first 55-ton milk truck to Transport Groep Noord, a
carrier providing transport for multinational dairy company Royal
FrieslandCampina N.V.
The 55-ton vehicle supplied by Hyzon, a HyMax 450 Puller
built on a Class-8 DAF truck chassis, is expected to have up to 520
kilometer range with motor power up to 550 kilowatt capacity.
Transport Groep Noord plans to operate the truck on specific routes
in the North of the Netherlands,
where the first hydrogen-powered milk delivery took place last week
in a Hyzon truck.
Transport Groep Noord operates 25 trucks for FrieslandCampina,
leading decarbonization in its industry. This order lays the
foundation for FrieslandCampina in the transition of its entire
fleet to zero-emissions vehicles.
With branches in 38 and brands in over 100 countries, as well as
over 20,000 employees, FrieslandCampina is one of the largest dairy
cooperatives in the world. In its sustainability program
'Nourishing a better planet', FrieslandCampina sets itself a few
ambitious goals, including CO₂-neutral production in the year 2050.
As an intermediate step the dairy company wants to have reduced the
greenhouse gas emissions by more than one third in the year 2030.
With its wide reach and network of partners, its operational
influence can be significant.
"Over five years ago, FrieslandCampina started using liquid
natural gas as a cleaner fuel and we successfully stimulated
filling stations all over the
Netherlands to supply this type of fuel," said Hans
Wieleman, FrieslandCampina's Milk Logistics Manager. "Now we try to
do the same with hydrogen, in close cooperation with Hyzon and
Transport Groep Noord. Transport is and will remain important to
further increasing sustainability at FrieslandCampina."
For applications in which payload is critical, such as milk,
beverage, and water transport, hydrogen-powered vehicles provide a
compelling solution for zero-emissions transport. Hydrogen-powered
trucks can carry 2-5 tons more than battery electric trucks due to
lower weight of hydrogen fuel systems; additionally, Hyzon leads
the industry in fuel cell power density, leading to significant
advantages over both fuel cell and battery electric competitors.
"FrieslandCampina's commitment to decarbonizing their operations
can serve as a model for transitioning commercial transport to
hydrogen-powered vehicles," said Hyzon CEO Craig Knight. "Its existing successes
demonstrate that reducing emissions is possible in the short-term.
Deploying Hyzon's hydrogen fuel cell-powered trucks to a global
company like FrieslandCampina provides another tangible example
that companies can make a real impact in reducing fleet emissions
right now."
About Hyzon Motors Inc.
Headquartered in Rochester, N.Y., with U.S. operations also in
Chicago and Detroit, and international operations in
the Netherlands, Singapore, Australia and China, Hyzon is a leader in hydrogen mobility.
Hyzon is a pure-play hydrogen mobility company with an exclusive
focus on hydrogen in the commercial vehicle market. Utilizing its
proven and proprietary hydrogen fuel cell technology, Hyzon aims to
supply zero-emission heavy duty trucks and buses to customers in
North America, Europe and around the world. 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. Visit
www.hyzonmotors.com.
About Royal FrieslandCampina
Royal FrieslandCampina
daily provides millions of consumers throughout the world with
dairy products containing the valuable nutrients from milk.
FrieslandCampina produces and sells consumer products such as
dairy-based beverages, infant nutrition, condensed milk, cheese,
and desserts. It supplies cream and butter products for
professional use to bakeries and catering businesses. Furthermore,
FrieslandCampina produces and sells ingredients and semi-finished
products to producers of infant nutrition, the food industry, and
the pharmaceutical sector. In 2020, annual revenue amounted to
EUR 11.1 billion. FrieslandCampina
has locations in 38 countries and employs about 23,877 employees.
The Central Office is located in Amersfoort, the Netherlands. The company is fully owned by
Zuivelcoöperatie FrieslandCampina U.A. and with over 16,995 member
dairy farmers in the Netherlands,
Germany, and Belgium is one of the largest dairy
cooperatives in the world. For additional information, please visit
www.frieslandcampina.com.
Forward-Looking Statements
This press release includes
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended. All statements, other
than statements of present or historical fact included in this
press release, including those regarding Decarbonization Plus
Acquisition Corporation's ("DCRB") proposed acquisition of Hyzon
and DCRB's ability to consummate the transaction, are
forward-looking statements. When used in this press release, the
words "could," "should," "will," "may," "believe," "anticipate,"
"intend," "estimate," "expect," "project," the negative of such
terms and other similar expressions are intended to identify
forward-looking statements, although not all forward-looking
statements contain such identifying words. These forward-looking
statements are based on management's current expectations and
assumptions about future events and are based on currently
available information as to the outcome and timing of future
events. Except as otherwise required by applicable law, DCRB and
Hyzon disclaim any duty to update any forward -looking statements,
all of which are expressly qualified by the statements in this
section, to reflect events or circumstances after the date of this
press release. DCRB and Hyzon caution you that these
forward-looking statements are subject to numerous risks and
uncertainties, most of which are difficult to predict and many of
which are beyond the control of either DCRB or Hyzon, including
risks and uncertainties described in the "Risk Factors" section of
Exhibit 99.3 of DCRB's Current Report on Form 8-K filed with the
U.S. Securities and Exchange Commission (the "SEC") on February 9, 2021, the "Risk Factors" section of
DCRB's definitive proxy statement on Schedule 14A filed with the
SEC on June 21, 2021, and other
documents filed by DCRB from time to time with the SEC. These
filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements,
such as risks related to the ability to convert non-binding
memoranda of understanding into binding orders or sales (including
because of the current or prospective financial resources of the
counterparties to Hyzon's non-binding memoranda of understanding
and letters of intent), or the ability to identify additional
potential customers and convert them to paying customers. Hyzon
gives no assurance that Hyzon will achieve its expectations.
Important Information for Investors and
Stockholders
In connection with the proposed business
combination, DCRB filed a proxy statement and other relevant
documents with the SEC. Stockholders and other interested persons
are urged to read the proxy statement and any other relevant
documents filed with the SEC because they contain important
information about DCRB, Hyzon and the proposed business
combination. Stockholders may obtain a free copy of the proxy
statement, as well as other filings containing information about
DCRB, Hyzon and the proposed business combination, without charge,
at the SEC's website located at www.sec.gov.
Participants in the Solicitation
DCRB, Hyzon and their
directors and executive officers and other persons may be deemed to
be participants in the solicitations of proxies from DCRB's
stockholders in respect of the proposed business combination and
the other matters set forth in the proxy statement. Information
regarding DCRB's directors and executive officers is available in
DCRB's Annual Report on Form 10-K for the annual period ended
December 31, 2020, and under the
heading "Information About DCRB" in DCRB's definitive proxy
statement related to the proposed business combination filed with
the SEC on June 21, 2021. Additional
information regarding the participants in the proxy solicitation
and a description of their direct and indirect interests, by
security holdings or otherwise, is set forth in the proxy statement
relating to the proposed business combination.
Media contacts
Hyzon Motors
For U.S., Europe and Asia media:
Caroline Curran
Hill+Knowlton Strategies
+1 256-653-5811
caroline.curran@hkstrategies.com
For Australasian media:
Fraser Beattie
Cannings Purple
+61 421 505 557
fbeattie@canningspurple.com.au
For investors:
Caldwell Bailey
ICR, Inc.
HyzonMotorsIR@icrinc.com
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