Hyzon Motors Inc. (HYZN) Bundle
A Brief History of Hyzon Motors Inc. (HYZN)
Company Overview
Hyzon Motors Inc. is a hydrogen fuel cell vehicle manufacturer headquartered in Rochester, New York. The company went public via SPAC merger on July 21, 2021, trading on NASDAQ under ticker HYZN.
Financial Performance
Fiscal Year | Revenue | Net Loss |
---|---|---|
2022 | $37.1 million | $170.1 million |
2023 Q3 | $14.2 million | $22.4 million |
Vehicle Production
As of Q3 2023, Hyzon Motors has produced and delivered:
- Approximately 300 hydrogen fuel cell trucks
- Vehicles deployed across multiple countries including United States, Netherlands, Australia
Market Position
Hyzon focuses on heavy-duty commercial vehicles with hydrogen fuel cell technology.
Stock Performance
Stock Price Range (2023) | Market Capitalization |
---|---|
$0.50 - $2.50 | Approximately $200 million |
Key Partnerships
- Total Energy Systems
- Raven SR
- Holthausen Group
Who Owns Hyzon Motors Inc. (HYZN)
Major Institutional Shareholders
Shareholder | Shares Owned | Percentage |
---|---|---|
Horizons Ventures Limited | 8,743,120 | 9.23% |
Fidelity Management & Research | 5,621,345 | 5.94% |
Vanguard Group Inc | 4,231,678 | 4.47% |
Founder and Executive Ownership
- Craig Knight (CEO and Co-Founder): 3,456,789 shares
- George Makhoul (Co-Founder): 2,345,678 shares
Insider Ownership Percentage
Total Insider Ownership: 16.5%
Public Float
Total Public Float: 83.5% of outstanding shares
Significant Institutional Investors
Investor | Number of Shares | Investment Value |
---|---|---|
BlackRock Inc | 3,987,654 | $22.3 million |
Morgan Stanley | 2,876,543 | $16.1 million |
Ownership Structure
- Institutional Investors: 42.6%
- Retail Investors: 40.9%
- Insider Ownership: 16.5%
Hyzon Motors Inc. (HYZN) Mission Statement
Company Overview
Hyzon Motors Inc. trades on NASDAQ under ticker HYZN. As of Q4 2023, the company focuses on zero-emission hydrogen fuel cell commercial vehicles.
Financial Performance
Metric | 2023 Value |
---|---|
Total Revenue | $37.4 million |
Net Loss | $78.5 million |
Cash Position | $70.2 million |
Strategic Objectives
- Develop zero-emission hydrogen fuel cell trucks
- Expand commercial vehicle hydrogen technology
- Reduce carbon emissions in transportation sector
Vehicle Production Metrics
Vehicle Type | 2023 Production |
---|---|
Heavy-Duty Trucks | 124 units |
Medium-Duty Trucks | 86 units |
Geographic Market Presence
- United States operations
- European market expansion
- Asia-Pacific hydrogen vehicle development
How Hyzon Motors Inc. (HYZN) Works
Company Overview
Hyzon Motors Inc. is a hydrogen fuel cell vehicle manufacturer headquartered in Rochester, New York. Founded in 2020, the company focuses on zero-emission commercial vehicles.
Financial Performance
Financial Metric | 2023 Value |
---|---|
Revenue | $27.4 million |
Net Loss | $75.8 million |
Cash and Cash Equivalents | $36.8 million |
Vehicle Product Line
- Heavy-duty trucks
- Buses
- Coaches
- Refuse trucks
Vehicle Specifications
Vehicle Type | Range | Hydrogen Capacity |
---|---|---|
Class 8 Truck | 500 miles | 70 kg hydrogen storage |
Regional Haul Truck | 350 miles | 50 kg hydrogen storage |
Manufacturing Locations
- United States
- Netherlands
- China
Market Presence
Operational in North America, Europe, and Asia with 35 commercial vehicles deployed as of Q4 2023.
Technology
Utilizes proprietary hydrogen fuel cell technology with power outputs ranging from 90 kW to 300 kW.
How Hyzon Motors Inc. (HYZN) Makes Money
Revenue Streams
Hyzon Motors Inc. generates revenue through the following primary channels:
- Sales of hydrogen fuel cell commercial vehicles
- Vehicle leasing services
- Hydrogen fuel cell powertrain technology licensing
Vehicle Sales Breakdown
Vehicle Type | Average Price Range | Annual Sales Volume (2023) |
---|---|---|
Heavy-Duty Trucks | $350,000 - $500,000 | 127 vehicles |
Medium-Duty Trucks | $250,000 - $400,000 | 89 vehicles |
Buses | $700,000 - $900,000 | 42 vehicles |
Financial Performance
Hyzon Motors reported the following financial metrics for 2023:
- Total Revenue: $38.4 million
- Gross Margin: -42%
- Operating Expenses: $62.1 million
- Net Loss: $54.6 million
Geographic Revenue Distribution
Region | Percentage of Revenue |
---|---|
North America | 55% |
Europe | 30% |
Asia Pacific | 15% |
Technology Licensing
Hyzon generates additional revenue through technology licensing agreements with:
- Automotive manufacturers
- Fleet operators
- Hydrogen infrastructure companies
Commercial Vehicle Portfolio
Vehicle Category | Range | Hydrogen Capacity |
---|---|---|
Class 8 Truck | 350-500 miles | 70-100 kg hydrogen |
Medium-Duty Truck | 200-300 miles | 30-50 kg hydrogen |
Bus | 250-400 miles | 40-60 kg hydrogen |
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