HYZON Motors and Australia‘s Viva Energy in strategic alliance

In News3 MinutesBy NZ Trucking magazineFebruary 12, 2021

Hyzon Motors, a leading global supplier of hydrogen fuel cell powered commercial vehicles, has announced a strategic alliance with Viva Energy, one of Australia‘s leading energy companies.

Viva Energy and Hyzon intend to work together to provide zero-emission vehicles coupled with hydrogen refuelling solutions, delivering a complete turn-key hydrogen transport solution. There will be a focus on establishing Victoria and Geelong as leading hydrogen transport hubs.

Viva Energy has committed to make a small strategic investment of US$4 million in Hyzon as part of capital raising and listing on the NASDAQ stock exchange, via its merger with Decarbonisation Plus Acquisition Corporation.

Viva Energy CEO Scott Wyatt said: “By working closely with Hyzon which is experienced at developing vehicles for markets worldwide, we can develop an entire hydrogen transport solution – which can move us past the traditional roadblocks to establishing a hydrogen refuelling network, by getting hydrogen fuel cell vehicles on the road to provide the demand.

“In addition to our Gas Terminal project, this alliance helps us accelerate our Geelong Energy Hub vision through the development of hydrogen for transport and working with our existing partners and customers in providing this solution,” he said.

“The Hyzon alliance fits closely with our intention to explore and develop future energy solutions at our Energy Hub, where we are looking at the possibility of generating solar-powered green hydrogen,” Wyatt said. “The establishment of a Hydrogen Transport Hub in Geelong, while only conceptual at this stage, could be an exciting demonstration of the types of projects we could pursue though the Energy Hub.”

CEO of Hyzon Motors Craig Knight said: “As a pioneer of heavy vehicle fuel cell technology, Hyzon is delivering some of the world‘s most powerful yet cleanest heavy vehicles to serve the global appetite for zero-emission driving with Australia a priority market.

“Hydrogen mobility for the Australian commercial vehicle sector holds enormous potential as fleets look to smoothly transition from fossil fuels to clean energy solutions that decarbonise their operations. Developing a hydrogen supply chain with strategic partners will be central to this transition.