Sono Group Receives Additional Staff Determination Letter from Nasdaq – Sono Motors
Sep 12, 2023
Published whitepaper Designing the Future of Fuel Cells, describing design and performance advantages of Hyzon’s single stack 200kW fuel cell system and supporting intellectual property (“IP”). I want to thank our incredibly talented, global team for their commitment to commercialize our 200kW fuel cell technology and create long-term value for all our stakeholders.”Business Update and Realignment Overview:Technology: Single 200kW Fuel Cell FocusHyzon owns significant IP covering the design, development, and production of high-power fuel cell technology. The Company increased investments in FCEV powertrain research and development (“R&D”), specifically for its 200kW fuel cell system, designed for mobility applications. The standard industry approach to reach ~200kW combines two ~100kW fuel cell systems; Hyzon’s single 200kW fuel cell system is 30% lower in weight and volume, and 25% lower in total fuel cell system cost compared to two of its 110kW fuel cell systems combined. By the end of 2023, Hyzon aims to produce and validate 25 200kW fuel cell system prototypes and have its C-sample 200kW declared.
