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Hyzon Motors will start production of 200‑kW modules for commercial vehicles in the USA in the second half of 2024. This should then lead to a recovery of the strongly depressed share price via incoming orders. Parallel to this are running product presentations such as the recent one in Melbourne...
The numbers for the third quarter and the outlook promise a very exciting future for Hyzon Motors and its 200‑kW FC modules for trucks. Series production will begin in the second half of 2024. The activities will be concentrated at one location in the USA. Hyzon with its subsidiary is withdrawing...
The past few months have been extreme for Hyzon Motors, but all figures for the past two years since the IPO had to be reprocessed because of the accounting debacle, in order to comply with accounting guidelines and the conditions for listing on the stock exchange (quoted share price needed to be...
When you read these lines in the newest H2-international issue, clarity will have been provided. Actually, all of the figures for 2022 and the first quarter 2023 should have been presented before May 15, then the responsible committee of Nasdaq agreed to an extension, and the figures for 2022 and...
Hyzon Motors needed to provide the clarified figures for fiscal year 2022 on February 13, 2023 at the latest in order not to endanger its listing on the NASDAQ in accordance with rules and regulations. Now, the company has requested a new hearing, as Hyzon along with KPMG is under a comprehensive...
“We are working diligently through our filings to target the Nasdaq deadline of 2/13/2023. We look forward to updating the investor community in due course” was the statement from Hyzon. This presumably means that Nasdaq has accommodated the company’s schedule by giving this deadline and with it...
The figures for the second quarter should be published August 15, 2022 at the latest, but Hyzon surprisingly reported that certain sales in China were not followed through in time to be able to be booked (“revenue recognition in China”) and that there are “operational inefficiencies” at Hyzon Motors...
Regardless of the many good news and developments around hydrogen, there must of course also be a critical consideration of the aspects that may, for example, hinder or delay rapid build-up of production capacity.
Hyzon Motors was able to close the first quarter with a low stated loss of minus 0.03 USD per share. At the end of the quarter, cash and cash equivalents amounted to about 407 million USD.
Things are happening on the analyst and investor front: BlackRock has raised its position in Hyzon Motors. Over 100 institutional investors are already involved. The largest of these is the Saudi Arabian state fund PIF, which holds over 8 million shares. Billionaire Izzy Englander named Hyzon as one...
Hyzon Motors, a manufacturer of hydrogen-powered commercial vehicles founded in Singapore (IPO via special-purpose acquisition company, SPAC, in New York), saw its the share price crash after a hedge fund named Blue Orca (a short seller?) leveled various accusations, including that an order for 20 Hyzon trucks did not come from the named customer, Hiringa Energy, but from someone completely different. Moreover, it also prompted questions about an agreement (memorandum of understanding) concerning 400 trucks for a Chinese customer. Law firms simultaneously added a string of class action lawsuits whose aim and purpose is unclear to me, though. Did someone want to initiate a lower IPO price or make stock prices tumble by short selling?
