Hyzon Motors

Will natural gas payback beat EV adoption?

The confluence of a new, bigger engine, net-zero carbon emissions from renewable natural gas (RNG) and pressure from shippers for their carriers to operate sustainably add up to a bright picture for natural gas adoption.

But a new study from the North American Council for Freight Efficiency (NACFE) points to a couple of cautions. First is methane leakage from the source of the RNG. Methane escaping into the atmosphere is a huge contributor to planet-warming greenhouse gas.

Second, and most...

https://www.freightwaves.com/news/will-natural-gas-payback-beat-ev-adoption

Hydrogen’s newsy week skips over underlying  challenges

News releases this week about Nikola’s fourth energy division president in less than two years, the company’s first Hyla-branded modular hydrogen fueler for fuel cell trucks, and Hyzon Motors’ development agreement for fuel cell refuse trucks skirted some underlying issues.

Nikola touted the ability to serve up to 40 Class 8 trucks a day with about 50 kilograms of hydrogen. It’s enough to get a zero-emissions truck from Southern to Northern California — about 400 miles depending on the...

https://www.freightwaves.com/news/hydrogens-newsy-week-skips-over-underlying-challenges

Electric trucks should shake off setbacks in 2024

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Meaningful volume growth eluded heavy-duty electric trucks last year for several reasons: Charging...

https://www.freightwaves.com/news/electric-trucks-should-shake-off-setbacks-in-2024

Are startup investors getting past the FOMU cycle?

The same driverless technology that Kodiak Robotics plans to put on highways in late 2024 has application to the military, which sees leveraging commercially developed innovation as smarter than creating everything itself.

Following Kodiak’s reveal of its Ford F-150-based prototype autonomous vehicle for the U.S. Army on Monday, Kodiak founder and CEO Don Burnette and I discussed dual-use technology, the recent comings and goings in the autonomous trucking space and a thawing of investor...

https://www.freightwaves.com/news/are-startup-investors-getting-past-the-fomu-cycle

Ree Automotive: Business life during wartime

Startup Ree Automotive builds its drive-by-wire electric powertrains in the United Kingdom. Its future customer base is mostly in the U.S. But its headquarters is in Tel Aviv, where the Hamas-Israel war takes an emotional toll on employees and their families called to fight.

Israel-based businesses count on some portion of their workforces serving in defense of the country surrounded by enemies sworn to destroy it.

When war comes calling, as it did during the Oct. 7 surprise bombing of Israel by...

https://www.freightwaves.com/news/ree-automotive-business-life-during-wartime

Whatever became of those splashy electrification startups?

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As third-quarter earnings roll in, it is a good time to check the state of electrification startups....

https://www.freightwaves.com/news/whatever-became-of-those-splashy-electrification-startups

Will stationary power generators save Hyliion?

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It’s too soon to know whether Hyliion Holdings will be able to make a commercial success of its...

https://www.freightwaves.com/news/will-stationary-power-generators-save-hyliion

Outrider hiring globally for launch of autonomous distribution yards

Outrider Inc. founder and CEO Andrew Smith is the very definition of deliberate. Each robotic advance his company has made to a dangerous or dirty job in a distribution yard builds on another. Since raising $73 million in a Series C round in January, he’s been growing his team.

“While a lot of folks were pulling back on developing their teams, we’ve continued to build out Outrider’s leadership position in both safety technology and deep learning, or AI, for industrial systems,” Smith told me...

https://www.freightwaves.com/news/outrider-hiring-globally-for-launch-of-autonomous-distribution-yards

Hyzon Motors agrees to $25M SEC fine to settle fraud case

Hyzon Motors agreed to pay a $25 million Securities and Exchange Commission fine to settle a fraud case over inflated claims about its fuel cell truck business.

Two former executives, including the founding CEO, also agreed to repay compensation received from the company. Two executives agreed to personally pay fines to the securities agency.

According to the SEC’s complaint, Hyzon:

  • Misrepresented the status of its business dealings with potential customers and suppliers to suggest significant...

https://www.freightwaves.com/news/hyzon-motors-agrees-to-25m-sec-fine-to-settle-fraud-case

Volvo’s fuel cell truck advances but battery-electric is biggest push

HALLERED, Sweden — The plume of white smoke from Volvo’s fuel cell truck matched the white clouds in the Scandinavian sky. Stand too close and you feel the descending mist of water vapor.

The hydrogen tanks sweat just droplets at first. Then comes the release of about a liter of water, approximately the amount the 100-kilowatt fuel cell produces per kilometer traveled.

On a spin around the track at Volvo’s high-security proving ground about an hour east of its Gothenburg headquarters in southern...

https://www.freightwaves.com/news/volvos-fuel-cell-truck-advances-but-battery-electric-is-biggest-push

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