El especialista en hidrógeno Hydrofleet anunció planes para construir una instalación de producción y alimentación de $ 33 millones para atender camiones de celdas de combustible de hidrógeno de servicio pesado en Pooler, Georgia, a 10 millas del puerto de Savannah. La nueva instalación inicialmente reabastecerá de siete a 14 camiones al día, con una […]
Esta entrada Camiones de hidrógeno para obtener una estación de combustible cerca del concurrido puerto de contenedores de la costa este...
Hydrogen specialist HydroFleet announced plans to build a $33 million production and fueling facility to service heavy-duty hydrogen fuel cell trucks in Pooler, Georgia, 10 miles from the Port of Savannah.
The new facility will initially refuel seven to 14 trucks a day, with future capacity reaching 50 trucks a day, Charlotte, North Carolina-based HydroFleet said in a release.
The co-announcement included Glovis America, a subsidiary of Hyundai Glovis, a 3PL unit of South Korea’s Hyundai Motor...
France’s Brittany Region has granted a subsidy of EUR 1.5 million (about $1.6 million) to Green Navy for its Prometeo hydrogen-powered passenger vessel project (see earlier story).
France’s Green Navy takes wraps off hydrogen-fueled catamaran design
Green Navy, a member of the Vallair Group, is developing the zero-emission catamaran at its facility in La Forêt-Fouesnant, Brittany, and says that its initiative aligns well with Brittany’s regional roadmap for renewable hydrogen deployment,...
https://www.marinelog.com/passenger/prometeo-project-gets-eur-1-5m-in-regional-funding/
Even with a stream of positive news releases, the signs and warnings for Hyzon were there. Now reality has arrived: Fuel cell developer Hyzon Motors is the latest startup to give up after going public during the SPAC craze of 2020-2021.
Hyzon fought through numerous obstacles, including a $25 million fine from the Securities and Exchange Commission related to fabricating orders for hydrogen-powered commercial trucks in China.
The spinoff of Singapore’s Horizon Fuel Cell Technologies chased the...
https://www.freightwaves.com/news/hyzon-becomes-latest-spac-backed-startup-to-crash
Hyzon Motors Inc., a company once celebrated for its strides in the hydrogen fuel cell arena, is now at a crossroads.
On Thursday, the board of directors approved, pending stockholder consent, the transfer of nearly all of the company’s assets, coupled with a plan for liquidation and dissolution, according to a filing with the Securities and Exchange Commission. The move comes as Hyzon continues to explore strategic alternatives aimed at maximizing its business and asset values.
Despite efforts...
https://www.freightwaves.com/news/hyzon-plans-to-liquidate-business
Guidehouse Insights has published an extensive report on the global prospects for internal combustion engines powered by hydrogen. You can spend $3,950 to buy the full report and its 43 charts tracking markets for H2 ICE. Or, you can read one of the author’s perspectives below.
Hydrogen ICE study: Not that great a solutionExcept for some vocational use cases in North America, a forgiving regulatory environment in Europe and a drive for energy independence in India, the idea of using gaseous or...
https://www.freightwaves.com/news/are-hydrogen-combustion-engines-delayed-or-doa
ChargePoint Holdings is laying off more than 200 employees – 15% of its workforce – in its second downsizing this year. The manufacturer of electric vehicle chargers cut 12% – about 198 jobs – from its global workforce in January.
ChargePoint has been making inroads into commercial trucking and vehicle connectivity. But the financial picture of the company that went public during the SPAC frenzy remains bleak. ChargePoint shares are down more than 35% year to date through Thursday..
The latest...
https://www.freightwaves.com/news/chargepoints-latest-downsizing-intended-to-help-stop-the-bleeding
Zero-emissions truck manufacturer Nikola Corp. said it has hired former Forward Air CEO Tom Schmitt as its chief commercial officer. Schmitt’s February departure from Forward Air came shortly after the company closed on an ill-conceived merger with Omni Logistics.
Schmitt engineered the transaction, which pitted Forward as both capacity provider and competitor to some of its freight forwarding customers. The acquisition, which shareholders alleged subverted their consent, endured months of...
https://www.freightwaves.com/news/former-forward-air-ceo-tom-schmitt-joins-nikola
Nikola broke a nine-day stock price losing streak a week ago when it posted record second-quarter revenue. CEO Steve Girsky still enthusiastically believes 2024 will be the best year in company history. Yet, the electric truck maker has only enough cash on hand to last through the end of the year without further diluting investors by converting more shares.
Sweeping away the underbrush
Nikola no longer talks about convicted founder Trevor Milton, who recently dropped his $1 billion suit against...
https://www.freightwaves.com/news/will-nikolas-best-year-ever-be-good-enough
In its brief four-year history, Hyzon Motors has experienced far more stormy than sunny days. As it struggles to survive, the commercial fuel cell manufacturer is focusing on the U.S., where it sees hydrogen and zero-emission refuse trucks worth pursuing.
Chasing the SPAC moneyA spinoff of Singapore-based Horizon Fuel Cell Technologies, Hyzon went public in July 2021 in a reverse merger with special purpose acquisition company Decarbonization Plus Acquisition Corp. It received $550 million in...
https://www.freightwaves.com/news/hyzon-focuses-on-us-fuel-cell-market-for-survival