Hyzon Motors deploys first hydrogen-powered waste collection truck in commercial trial with REMONDIS

MELBOURNE, Australia, – October 17, 2023 – Hyzon Motors Inc. (NASDAQ: HYZN), a high-power hydrogen fuel cell technology developer and global supplier of zero-emission heavy-duty fuel cell electric vehicles, today announced the commercial trial deployment of its first Heavy Rigid fuel cell electric waste collection truck to REMONDIS Australia, one of the world’s largest recycling, service, and water companies.  

REMONDIS operates 39 business locations around Australia, servicing more than 24,000 commercial, industrial, and municipal customers.

The waste collection truck will service the Wollongong and Shellharbour municipalities, operating from REMONDIS’s Wollongong facility in New South Wales.   The commercial trial is expected to convert to a full purchase of the vehicle if certain trial performance targets are successfully achieved.

Hyzon has developed its Heavy Rigid truck locally as a global platform, adaptable for international markets with a multitude of vehicle use cases, such as garbage compactors, tilt trays, and flatbed trucks.  

The vehicle is Australian Design Rules (ADR) compliant and fully registered for operation on Australian roads.

Development of the Heavy Rigid program in Australia has allowed Hyzon to tap into highly skilled local engineering and technical knowledge to build a team, process, and product for Hyzon’s global and domestic markets.                                                                                                                                                      

Managing Director Hyzon Motors Australia, John Edgley, said today’s announcement was an exciting step for Hyzon’s operations and the decarbonisation of Australia’s transport sector.

“We’re making it very clear that we’ve got a road ready truck now, that’s been designed locally, that’s gone into commercial trial today,” said Mr Edgley.

“Hyzon is building zero emission solutions right here in Australia, drawing on Hyzon’s global fuel cell footprint, using local skills, employing local people.

“We expect this trial to demonstrate Hyzon’s capability to deliver a world class zero emissions truck with class leading performance and a new world of zero emissions benefits. Together with Remondis we will build confidence for the trucking sector to accelerate the transition to zero emissions.

“We believe hydrogen fuel cell electric vehicles will play a vital role in the decarbonisation of the transport sector and be a key component of Australia and New Zealand’s fuel security strategy into the future,” said Mr Edgley. 

Hyzon’s heavy-duty waste collection truck was designed against the industry benchmark of a 200-kilometre range and 1500 bin lifts per working day.  

The truck has been developed in partnership with Superior Pak, Australia's leading manufacturer of world class mobile waste collection and compaction equipment.

Incorporating global market requirements and standards into the design philosophy has allowed the truck to be easily adaptable not only to international markets, but also to a multitude of use cases.

Last year Hyzon announced the development of Australia’s first purpose-built assembly plant in Melbourne’s South-East, to locally produce hydrogen-powered trucks. 

About Hyzon

Hyzon Motors is a global supplier of high-power fuel cell technology focused on integrating its solutions into zero-emission heavy-duty fuel cell electric vehicles. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to supply zero-emission heavy duty trucks to customers in North America, Europe, Australia, and New Zealand to mitigate emissions from diesel transportation - one of the single largest sources of global carbon emissions. Hyzon collaborates with partners across the hydrogen value chain to bring clean hydrogen to the market to support fuel cell vehicle deployments. Hyzon is contributing to the adoption of fuel cell electric vehicles through its demonstrated technology advantage, fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.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, are forward-looking statements. When used in this press release, the words "aims", “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, Hyzon disclaims 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. Hyzon cautions 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 Hyzon, including risks and uncertainties described in the “Risk Factors” section of Hyzon’s Annual Report on Form 10-K/A for the year ended December 31, 2022 filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 31, 2023, Form 10-Q for the quarter ended June 30, 2023 filed on August 8, 2023, and other documents filed by Hyzon 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 or vehicle trial agreements 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 assurances that Hyzon will achieve its expectations.

Images courtesy of REMONDIS, by photographer Brad Chilby.