Former cellcentric/Daimler Executive
Brings Extensive C-Suite Leadership Experience in Fuel Cell
Technology Development and Commercialization
Appointment Comes in Run-Up to Hyzon's
U.S.-Manufactured 200kW Fuel Cell System Start of
Production
ROCHESTER, N.Y., Dec. 5, 2023
/PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) (Hyzon or the
company), a high-power hydrogen fuel cell technology developer and
global supplier of zero-emission heavy-duty fuel cell electric
vehicles (FCEVs), today announced the appointment of Dr.
Christian Mohrdieck as Chief
Technology Officer (CTO) and the retirement of current CTO
Shinichi Hirano.
Effective January 1,
2024, Mohrdieck will assume responsibility for Hyzon's fuel
cell technology development and commercialization, specifically
focusing on the Start of Production (SOP) milestone for the
company's single stack 200kW Fuel Cell System (FCS), scaling up the
Bolingbrook, Illinois, fuel cell
manufacturing facility, as well as advancing Hyzon's Intellectual
Property (IP) portfolio and FCS research and development. Mohrdieck
will also serve as interim Managing Director for Hyzon Motors
Europe.
Mohrdieck joins Hyzon with extensive C-Suite experience, most
recently serving as Chief Commercial Officer (CCO) of cellcentric
GmbH & Co. KG, a joint venture between Daimler Truck AG and the
Volvo Group AB. Prior to his role at cellcentric, Mohrdieck was
Chief Executive Officer (CEO) of Mercedes-Benz Fuel Cell GmbH since
2015, before it merged into Daimler Truck Fuel Cell GmbH & Co.
KG and then cellcentric.
"Christian is a globally respected leader in the fuel cell
industry, and we are excited to welcome him as CTO at this exciting
moment in Hyzon's fuel cell technology development," said Hyzon's
CEO Parker Meeks. "Christian's
combination of deep fuel cell technology development and
commercialization know-how and experience will both accelerate our
leading, U.S.-made 200kW fuel cell system and further bolster our
strong team in extending Hyzon's technology leadership in R&D
and core IP generation for future product development."
Mohrdieck's career has centered around fuel cell technology
development and been instrumental in forming today's hydrogen fuel
cell landscape. Beginning as a research scientist at Daimler AG in
1989, Mohrdieck progressed in Daimler's research and technology
strategy before working on fuel cell technology as a Senior Manager
at DaimlerChrysler in Michigan.
Subsequently, he spent spending 11 years as a Director of Fuel
Cells from 2004-2015 in Stuttgart,
Germany. During more than three decades at Daimler AG and
DaimlerChrysler, Mohrdieck supported, developed, and led the
companies' fuel cell program, forming the foundation of
cellcentric.
Commenting on the new position, Mohrdieck said he admires
Hyzon's innovative hydrogen fuel cell technology and its potential
to decarbonize mobility. "I have dedicated my career to advancing
fuel cell technology, with the goal of achieving the
decarbonization necessary to protect our climate. I look forward to
bringing the only U.S.-made single stack 200kW fuel cell technology
to Start of Production, and to drive future fuel cell developments
with its expert team," Mohrdieck added.
Mohrdieck studied physics at Kiel University in Germany and Grenoble University in
France, receiving both his Diploma
in Physics and his PhD in Theoretical Physics from the school in
Germany. He is an Honorary
professor at the University of Ulm and also teaches at the
Technical University of Vienna.
Mohrdieck succeeds Shinichi
Hirano who has served as Hyzon's CTO since September 2021. Hirano will transition to advisor
to the CTO effective January 1, 2024,
before retiring from Hyzon effective January
31, 2024. "On behalf of Hyzon, our Board and management
team, I thank Shinichi for his contributions leading our technology
function," said CEO Meeks. "He has helped us reach the strong
technology foundation we have today, and his impact will be felt
into the future."
About Hyzon
Hyzon Motors is a global supplier of
high-power fuel cell technology focused on integrating the
technology into zero-emission heavy-duty hydrogen fuel cell
electric vehicles. Hyzon's clean hydrogen infrastructure approach
synchronizes supply with demand, accelerating the deployment of
zero emission trucks. 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 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 "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 for the year ended December 31, 2022 filed with the U.S. Securities
and Exchange Commission (the "SEC") on May
31, 2023, its Form 10-Q for the quarter ended September 30, 2023 filed on November 14, 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. Hyzon gives no assurance that
Hyzon will achieve its expectations.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/hyzon-announces-dr-christian-mohrdieck-as-chief-technology-officer-302006033.html
SOURCE Hyzon Motors Inc.