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July 25, 2023

The successful completion of testing of Hyzon’s nine 200kW FCS B-samples in the first half of 2023 demonstrates consistent progress toward commercial production. The demand environment for hydrogen fuel cell systems is robust, with approximately 68 million diesel-powered vehicles globally emitting roughly 11 billion tons of carbon annually1. The Company is contributing to the adoption of fuel cell electric vehicles through its demonstrated technology advantage, fuel cell system performance, and innovation. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words "aims", “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words.

The source of this news is from Hyzon Motors