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Hyzon Motors' Europe Manufacturing Facility Capable of Producing 825 Hydrogen-powered Fuel Cell Electric Vehicles Per Year

Hyzon Motors Inc. (NASDAQ: HYZN ) is giving a glimpse into its largest production site, the Hyzon Motors Europe facility located in Winschoten, the Netherlands .

The facility opened in March 2021, and has a capacity of up to 500 trucks per year. In 2022, the company expects to increase capacity to up to 1,000 trucks per year through operational updates and the addition of a second shift.

The Winschoten facility will be the European hub for vehicle assembly as well as the development of new vehicle technology, such as the easy-to-assemble, lightweight hydrogen storage system.

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The surrounding area in the Northern Netherlands is the first region in Europe to receive a subsidy to develop a fully-functioning green hydrogen chain. Furthermore, Winschoten is located near an international freight harbor, a major freight train station, and close to Germany enabling easy export to EU countries.

Source: Hyzon
Date: Oct 13, 2021

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