Benzinga | Apr 19, 2021 07:39AM EDT

Decarbonization Plus Acquisition Corporation SPAC Merger Partner Hyzon Motors Says Production Of 15 Zero-Emission Hydrogen Fuel Cell Vehicles For Delivery To Groningen Municipality Has Begun

Hyzon Motors Inc. ("Hyzon") today announced that production of 15 zero-emission hydrogen fuel cell vehicles for delivery to the Municipality of Groningen in The Netherlands has begun and is ongoing at Hyzon's European manufacturing facility.

The Groningen Municipality orders are being fulfilled through Hyzon Motors Europe B.V., a joint venture ("JV") between Hyzon Motors Inc. and Holthausen Clean Technology ("HCT"). The JV is responsible for the development, production and delivery of the vehicles. The orders are being handled through the dealer ESA, Groningen.

The 15 hydrogen vehicle order consists of 10 zero-emission medium and heavy duty municipality trucks, including water, refuse, hooklift crane and delivery trucks, and five zero-emission vans. Delivery of the first vehicles is expected in the third quarter of 2021. The remaining vehicles are expected to be shipped by the end of 2021.

The Municipality of Groningen has more than 300 vehicles in its fleet, including 10 fuel cell vehicles previously acquired from HCT. HCT has worked closely with the Municipality of Groningen prior to its JV with Hyzon and this vehicle order supports Hyzon's rationale for partnering with a key player in Europe. Groningen is aiming for zero carbon emissions by 2025 for the inner city, and to be carbon free throughout the municipality by 2035.

Groningen is known as the City of Energy in The Netherlands. For more than 10 years, Groningen has invested in sustainability measures such as the energy refurbishment of public buildings, energy efficient street lighting and alternative fuels to power the city vehicle fleet. Groningen is internationally known for its energy business sector, energy-oriented knowledge institutes and local sustainability policies.