- Hyzon Motors Inc HYZN has partnered with Southern California Gas Co (SoCalGas), a subsidiary of Sempra Energy SRE, on a hydrogen-powered fuel cell electric utility truck.
- Under the agreement, Hyzon will deliver a Class 3 commercial service body utility truck to SoCalGas by 2022.
- The partnership will support SoCalGas' over-the-road fleet with electric and fuel cell electric vehicles, achieving a 100% zero-emissions fleet by 2035.
- The truck is expected to reach a maximum power of 200 kilowatts, with a range of 300 miles, and will be built on the existing chassis OEM used by SoCalGas.
- The partnership with SoCalGas also marks Hyzon's entrance into the light truck vehicle class sector.
- Price Action: HYZN shares are trading higher by 3.61% at $9.77 on the last check Wednesday.
SRESempra
$68.79-0.98%
Edge Rankings
Momentum31.39
Growth21.19
Quality29.61
Value64.58
Price Trend
Short
Medium
Long
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