- After an initial agreement in July, Hyzon has received a definitive order for five trucks from Ark Energy
- Hyzon is the only supplier of ultra-heavy-duty hydrogen trucks with in-house fuel cell technologies
ROCHESTER, N.Y– Hyzon Motors Inc. (NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen fuel cell-powered commercial vehicles, announced today that it has received a definitive order for five, 154-ton trucks from Ark Energy Corporation, the Australian subsidiary of the world’s largest zinc, lead and silver producer, Korea Zinc.
Under the order, Hyzon is obligated to deliver the zero-emission vehicles to Ark Energy by the end of 2022. Ark Energy will lease the trucks to its sister company, Townsville Logistics, which will deploy them in triple (three-trailer) road train configurations as part of their short-haul fleet operating on a 30-kilometer loop from the Port of Townsville to the Sun Metals zinc refinery owned by the group. The fuel cell trucks, replacing their diesel equivalents, are expected to reduce carbon dioxide emissions by over 1,400 tons per year.
Hyzon expects to assemble the vehicles in Australia, aligning with the company’s plans to boost local Australian production of fuel cell vehicles. Hyzon expects that the vehicles will be fueled at Ark Energy’s SunHQ hydrogen hub in Townsville, with green hydrogen produced from an electrolyzer powered by a co-located solar farm.
The project is expected to be the first in the world to use Hyzon’s ultra-heavy-duty fuel cell vehicles.
“Hyzon is the only hydrogen commercial mobility company that can meet our needs,” said Ark Energy CEO Daniel Kim. “Our fuel cell trucks need to be 154-ton rated, built to Australian Design Rules and delivered by the end of next year. That was the ultimate basis for placing this order.”
Hyzon is committed to developing its next-generation 370kW fuel cell systems (equivalent to 500 horsepower); this project will help advance the growing market for this application in Australia’s ultra-heavy transport sector as well as other adjacent industries including the mining, rail and marine sectors.
“This definitive order from Ark Energy is a prime example that decarbonization is happening now,” said Craig Knight, CEO of Hyzon. “Our work with Ark Energy will help lay the foundation for an emissions-free future in Australia.”
About Ark Energy Corporation
Ark Energy Corporation Pty Ltd is an Australian subsidiary of Korea Zinc Company Ltd, which is the largest zinc, lead and silver producer in the world. Ark Energy’s mandate is to decarbonize the energy supply of the Korea Zinc group starting with the Sun Metals zinc refinery in Townsville as it aims to become the first refinery in the world to produce green zinc. Ark Energy will leverage and expand on the group’s existing investments across the hydrogen value chain to become the safest and most competitive producer of green hydrogen in the world as well as an extreme user and demand creator of hydrogen.
About Hyzon
Headquartered in Rochester, N.Y., with U.S. operations in the Chicago and Detroit areas, and international operations in the Netherlands, Singapore, Australia, Germany, and China, Hyzon is a leader in fuel cell electric mobility with an exclusive focus on the commercial vehicle market, and a near-term focus on back to base (captive fleet) operations. 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 to mitigate emissions from diesel transportation, which is one of the single largest sources of carbon emissions globally. The Company is contributing to the escalating adoption of fuel cell electric vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com.
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