Hyzon Motors Inc. (HYZN): history, ownership, mission, how it works & makes money

Hyzon Motors Inc. (HYZN): history, ownership, mission, how it works & makes money

US | Consumer Cyclical | Auto - Manufacturers | NASDAQ

Hyzon Motors Inc. (HYZN) Bundle

Get Full Bundle:
$12 $7
$12 $7
$12 $7
$12 $7
$25 $15
$12 $7
$12 $7
$12 $7
$12 $7

TOTAL:



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

DCF model

Hyzon Motors Inc. (HYZN) DCF Excel Template

    5-Year Financial Model

    40+ Charts & Metrics

    DCF & Multiple Valuation

    Free Email Support


Disclaimer

All information, articles, and product details provided on this website are for general informational and educational purposes only. We do not claim any ownership over, nor do we intend to infringe upon, any trademarks, copyrights, logos, brand names, or other intellectual property mentioned or depicted on this site. Such intellectual property remains the property of its respective owners, and any references here are made solely for identification or informational purposes, without implying any affiliation, endorsement, or partnership.

We make no representations or warranties, express or implied, regarding the accuracy, completeness, or suitability of any content or products presented. Nothing on this website should be construed as legal, tax, investment, financial, medical, or other professional advice. In addition, no part of this site—including articles or product references—constitutes a solicitation, recommendation, endorsement, advertisement, or offer to buy or sell any securities, franchises, or other financial instruments, particularly in jurisdictions where such activity would be unlawful.

All content is of a general nature and may not address the specific circumstances of any individual or entity. It is not a substitute for professional advice or services. Any actions you take based on the information provided here are strictly at your own risk. You accept full responsibility for any decisions or outcomes arising from your use of this website and agree to release us from any liability in connection with your use of, or reliance upon, the content or products found herein.