Streetbeat News

HYZN

Hyzon Motors Inc.

Industry

Auto - Manufacturers

Hyzon Motors Inc., a hydrogen mobility company, provides decarbonized solutions for commercial vehicles market and hydrogen supply infrastructure. The company focuses on assembling and supplying hydrogen-powered FCEVs, including heavy-duty (Class 8) trucks, medium-duty (Class 6) trucks, light-duty (Class 3 and 4) trucks, and 40 and 60-foot (12 and18-meter) city and coach buses to commercial vehicle operators; and building and fostering a clean hydrogen supply ecosystem with leading partners from feedstock through hydrogen production, dispensing, and financing. The company was founded in 2020 and is headquartered in Honeoye Falls, New York.

Open

0.58

Mkt cap

Volume

7.3M

High

0.78

P/E Ratio

-0.02

52-wk high

45.00

Low

0.55

Div yield

N/A

52-wk low

0.42

Electric vehicle stocks saw gains, with Tesla closing above $200 for the first time since mid-February. Key events included Tesla's Roadster update and Model Y price cut reversion, Apple shelving its self-driving car project, Fisker seeking partnerships to stay afloat, Biden's administration blocking Chinese EVs due to security risks, and Canoo's shareholder approval for a reverse stock split. The KraneShares Electric Vehicles ETF also saw a weekly increase.

Portfolio Pulse from Shanthi Rexaline

March 02, 2024 | 2:21 pm

This week in the EV sector, bearish sentiment surrounded Tesla, with its stock underperforming due to a double miss in Q3 2023 earnings and price adjustments. Rivian and Lucid faced production challenges and disappointing earnings, while Ford paused F-150 Lightning shipments. Nio is testing humanoid robots for production efficiency, and Volvo plans to cut its stake in Polestar. The KraneShares Electric Vehicles ETF saw a slight decline.

Portfolio Pulse from Shanthi Rexaline

February 24, 2024 | 3:17 pm

In Friday's after-market session, several industrials stocks saw significant movements. Gainers included Recruiter.Com Group, FTC Solar, Commercial Vehicle Group, AERWINS Technologies, ESS Tech, and Hyzon Motors with increases ranging from 3.86% to 12.2%. Losers were Desktop Metal, Advent Technologies Holdings, Lichen China, Roma Green Finance, Nuburu, and Fusion Fuel Green, with decreases between 2.36% and 4.6%.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 9:31 pm

In Wednesday's after-market session, several industrials stocks saw significant movements. ACV Auctions (ACVA) and TrueBlue (TBI) reported Q4 earnings, leading to a 22.2% increase for ACVA and a 5.06% rise for TBI. Other notable gainers included Gaucho Group Holdings (VINO), KULR Tech Gr (KULR), Sidus Space (SIDU), and Hyzon Motors (HYZN). On the downside, Ideal Power (IPWR), Energy Focus (EFOI), Sunrun (RUN), Safe & Green Holdings (SGBX), Ault Alliance (AULT), and Energy Recovery (ERII) experienced declines, with RUN and ERII also reporting Q4 earnings.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 9:31 pm

Electric vehicle stocks had mixed performances in the week ending Feb. 16, with Tesla seeing a third week of gains and Rivian pulling back after a previous rally. Key events included Tesla's Model 3 LR price hike, Stellantis adopting Tesla's charging standard, a temporary relaxation of a strike against Tesla, Rivian teasing its R2 platform, Lucid's price cuts and CEO bonus controversy, and GM and Ford's openness to partnerships against Chinese rivals. Fisker announced dealer partnerships, and the KraneShares Electric Vehicles ETF saw a weekly gain.

Portfolio Pulse from Shanthi Rexaline

February 17, 2024 | 2:18 pm

Electric vehicle stocks had a mixed week, with Tesla seeing a sales drop in China but an increase year-over-year. Rivian introduced new battery packs to lower prices, while Ford aims for the low-end EV market. Lucid partnered with Saks for exclusive demos, and Nikola rejected nominees from its convicted founder. The KraneShares EV ETF saw a slight weekly gain.

Portfolio Pulse from Shanthi Rexaline

February 10, 2024 | 1:52 pm

In Thursday's pre-market session, several industrials stocks showed significant movement. Roma Green Finance, Sentage Hldgs, WANG & LEE Group, Hyzon Motors, Getaround, and Blue Bird were among the gainers, with increases ranging from 9.44% to 44.7%. On the downside, Sunworks, REV Group, Pineapple Energy, ZIM Integrated Shipping, JanOne, and Simpple experienced declines between 6.67% and 17.9%. Notably, Blue Bird's rise was attributed to its Q1 earnings release.

Portfolio Pulse from Benzinga Insights

February 08, 2024 | 1:05 pm

Hyzon Motors Inc. (HYZN) and New Way Trucks have entered into a Joint Development Agreement to develop a hydrogen fuel cell powered refuse truck for the North American market. This collaboration aims to leverage Hyzon's expertise in hydrogen fuel cell technology and New Way's position in the refuse vehicle sector to introduce zero-emission heavy-duty fuel cell electric vehicles (FCEVs).

Portfolio Pulse from Benzinga Newsdesk

February 06, 2024 | 12:37 pm

Hyzon Motors has delivered four heavy-duty fuel cell electric vehicles to Performance Food Group (PFG), six months after announcing their agreement. This marks a step forward in the adoption of clean energy vehicles in the food distribution industry.

Portfolio Pulse from Benzinga Newsdesk

January 25, 2024 | 10:24 pm

In Tuesday's after-market session, several industrial stocks saw movement. Greenwave Tech Solns (GWAV), Nauticus Robotics (KITT), Laser Photonics (LASE), Asure Software (ASUR), FTC Solar (FTCI), and C3is (CISS) experienced gains, while Byrna Technologies (BYRN), Ideanomics (IDEX), Full Truck Alliance Co (YMM), Virgin Galactic Hldgs (SPCE), Hyzon Motors (HYZN), and Agrify (AGFY) saw declines in their stock prices.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 9:31 pm

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