Hyzon Motors plans to make a key component of fuel cell powertrains for commercial vehicles at a new facility near Chicago. It expects to break a bottleneck to producing hydrogen-powered fuel cell vehicles in the U.S.
Hyzon is a spinoff of Singapore-based Horizon Fuel Cell Technologies. It is rapidly expanding after agreeing to merge with shell company Decarbonization Plus Acquisition Corp. (NASDAQ: DCRB) in February. The business combination is expected to close in the second quarter. through...