Hyzon Motors faces Nasdaq delisting issues

The newcomer was forced to face a similar issue last May, with shared that managed to climb during the summer. Price fell down once again in December. Back in January, Hyzon Motors announced the company managed to deploy 19 fuel cell powered trucks during the previous year.

By segreteria

U.S.-based hydrogen truck specialist Hyzon Motors is facing Nasdaq delisting issues due to low share price, with the company’s stock being lower than a dollar for over one month in a row. That’s how specialized website Hydrogen Insight talked about the topic.

It’s not the first time for Hyzon Motors

Indeed, the newcomer was forced to face a similar issue last May, with shared that managed to climb during the summer. Price fell down once again in December. Back in January, Hyzon Motors announced the company managed to deploy 19 fuel cell powered trucks during the previous year.

At the same time, the U.S. company is preparing to join the commercialization of hydrogen-powered vehicles to the manufacturing of fuel cell stacks, whose production is foreseen by the end of the current year.

Highlights

Related articles

DAF celebrates 60 years of truck production in Westerlo, Belgium

DAF Trucks Vlaanderen started its activity in 1966, in Westerlo, with the production of truck cabs has grown into an ultramodern factory for both cabs and axles. Today, the axles and cabs of the newest DAF electric truck range are also produced in Westerlo.
News

German liquid hydrogen company GenH2 unveils simulation test platform

The Cryostat CS900 LH₂ Simulation Test Platform integrates hydrogen liquefaction, controlled storage and transfer within a unified LH₂ infrastructure environment. The platform is thus capable of generating real-world performance and behavior data for materials, systems, and processes essential to eq...