Benzinga | Sep 1, 2021 01:43PM EDT

Hyzon Motors, SoCalGas Partner On Hydrogen-Powered Fuel Cell Electric Utility Truck

* Hyzon Motors Inc (NASDAQ:HYZN) has partnered with Southern California Gas Co (SoCalGas), a subsidiary of Sempra Energy (NYSE:SRE), on a hydrogen-powered fuel cell electric utility truck.

* Under the agreement, Hyzon will deliver a Class 3 commercial service body utility truck to SoCalGas by 2022.

* The partnership will support SoCalGas' over-the-road fleet with electric and fuel cell electric vehicles, achieving a 100% zero-emissions fleet by 2035.

* The truck is expected to reach a maximum power of 200 kilowatts, with a range of 300 miles, and will be built on the existing chassis OEM used by SoCalGas.

* The partnership with SoCalGas also marks Hyzon's entrance into the light truck vehicle class sector.

* Price Action: HYZN shares are trading higher by 3.61% at $9.77 on the last check Wednesday.