Hyzon Motors Announced A MoU With Russell To Bring Hydrogen-Powered Vehicles To The UK

Hyzon Motors Inc. (NASDAQ: HYZN), a supplier of hydrogen-powered fuel cell electric vehicles, announced a memorandum of understanding (MoU) with John G Russell Transport, a transport and logistics provider, to facilitate the deployment of hydrogen-powered, zero-emissions vehicles in the United Kingdom.

The companies aim to enable the transition to zero-emission commercial trucks for fleet owners and operators in the UK by providing vehicle sales, leasing, and service support. Hyzon and Russell will collaborate to develop product and distribution pathways aligned with UK demand, focusing on medium and heavy trucks.

Hyzon is currently developing a 44-tonne, 6×2 tractor to UK market specifications, which Hyzon and Russell expect to deploy in trials this year. Russell will provide sales, service, and parts support to customers through a network of locations owned and shared with partners. Hyzon and Russell are also evaluating leasing and financing opportunities, thereby reducing required initial capital investment and facilitating the adoption of hydrogen-powered vehicles.

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