ROCHESTER, N.Y., July 19, 2021 /PRNewswire/ --Hyzon Motors Inc.
(NASDAQ: HYZN), a leading global supplier of zero-emission hydrogen
fuel cell-powered heavy vehicles, announced that its Class A Common
Stock will commence trading at market open today, July 19, 2021, on the Nasdaq Global Select market
under the ticker symbol "HYZN". This follows the previously
announced closing of the business combination between Hyzon Motors
USA Inc. (f/k/a Hyzon Motors Inc.)
and Hyzon Motors Inc. (f/k/a Decarbonization Plus Acquisition
Corporation).
"This exciting step marks the starting line for Hyzon Motors,"
said Craig Knight, CEO of Hyzon.
"Our public listing will foster greater awareness that the future
of commercial transportation – hydrogen fuel cell-powered vehicles
– is today's reality. It's the beginning of a new chapter in the
history of Hyzon, as we accelerate the transition to hydrogen
commercial transport worldwide, and advance our commitment to
reducing carbon emissions in a sector that is one of the largest
contributors to climate change."
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.
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 "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 Exhibit
99.3 of Hyzon'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
Hyzon's definitive proxy statement on Schedule 14A filed with the
SEC on June 21, 2021, 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 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.
Media contacts
Hyzon Motors
For investors:
Caldwell Bailey
ICR, Inc.
HyzonMotorsIR@icrinc.com
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
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SOURCE HYZON Motors
