Hyzon Motors commences Nasdaq trading

In News1 MinutesBy NZ Trucking magazineJuly 23, 2021

Hyzon Motors has officially commenced trading on the Nasdaq Global Select market following completion of its combination with SPAC vehicle DCRB.

Following the listing, under the ticker symbol “HYZN”, Hyzon Motors chief executive Craig Knight said he is thrilled to see the Hyzon teams’ hard work and passion for hydrogen pay off.

“The Hyzon Motors team have been around hydrogen for decades, and some more, and the core technology that’s embedded within each Hyzon Motors heavy vehicle has been developed since 2003 … so this is very proven fuel-cell technology”, he said.

Looking ahead, Knight said that big things are coming.

“We will have vehicles on the road in four separate continents before the end of this year”, he said.

Knight said he is seeing substantial uptake in the EV space across Europe and Australasia, with potential for the U.S.

“We do believe that while the U.S  is behind, they will be really well positioned to quickly accelerate the rate of adoption in the next one to two years, and that’s why we aim to get vehicles out on the road by the end of this year, so that the U.S can really come up that learning curve and stand on the shoulders of some of the learning experiences in other markets around the world.”