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Dallas, October 21, 2021 -- Based on recent research on the Automotive Fuel Cell market, Lucintel is pleased to announce HYZON Motors Inc.’s Proton Exchange Membrane (PEM) Fuel Cells as the recipient of the “2021 Product Innovation Award in the Automotive Fuel Cell Market”. Lucintel chose HYZON Motors Inc. for this award because of its novel product, which is designed to deliver power to ultra-heavy vehicles and machinery without making any compromise in the performance.

HYZON Motors Inc.’s Proton Exchange Membrane (PEM) Fuel Cells helps in achieving a volumetric power density exceeding 6kW/l, and gravimetric power density exceeding 5.5kW/l (between end hardware), which is superior as compared to other fuel cell modules present in the market that has the peak power density under 3kW/liter. It ensures enhanced durability as well as long operating life making it as the most demanding, in the usage for commercial vehicles and machinery.

HYZON Motors Inc.’s Proton Exchange Membrane (PEM) Fuel Cells possess the potential to use  power fuel cells up to 500hp (370kW) for heavy mobility applications reducing dependence on batteries and therefore, saving on weight, size, and cost. It is considered as the world’s most advanced fuel cell to accelerate the energy transition and decarbonize heavy commercial mobility.

Lucintel’s awards in innovation and industry excellence recognize outstanding achievements and latest endeavors by companies in various industries, identifying the most successful, innovative, and forward-thinking companies and products in business today. Lucintel awards are based on systematic and detailed research on the relevant markets to identify and recognize the most successful recent innovations. These initiatives enable companies to demonstrate high levels of industry impact and benefits to end users. To know more contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com

About Lucintel

Lucintel, a premier market research and Management Consulting firm based in Dallas, Texas, has served over 1,000 clients for over 20 years. With our in-depth analysis and sage advice, Lucintel offers solutions for your growth through game changing ideas and analysis of robust markets and unmet needs. Lucintel has been quoted in esteemed publications, including The Wall Street Journal, ZACKS, and The Financial Times. For further information, visit www.lucintel.com.

About HYZON Motors Inc.

HYZON Motors Inc. is based in United States and is considered as the global supplier of zero-emissions hydrogen fuel cell powered commercial vehicles, including heavy duty trucks, buses and coaches. HYZON Motors Inc.’s Proton Exchange Membrane (PEM) Fuel Cells is the highest power density fuel stack in the world that provides attractive economics with no compromise on performance as shown in www.hyzonmotors.com/technology/#pem. Company aims to help operators of heavy vehicles transition to cost effective, zero emission, sustainable operations. For further information, www.hyzonmotors.com/

Contact:

Brandon Fitzgerald

Lucintel

Dallas, Texas, USA

Email: brandon.fitzgerald@lucintel.com

Tel. 972.636.5056

Cell: 303.775.0751

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