Hyzon Motors: We're No Longer "Pre-Revenue"

Motley Fool2021-08-11

Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...

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Sam87
2021-08-11
Sam87
😁
- Teslawonder:
  ok like
- KadK:
  like
Irenepan
2021-08-11
Irenepan
Like and comment pls
- JoHo回复tj1888:
  Thanks!
- tj1888:
  comment
- JoHo:
  Done
Irenepan
2021-08-11
Irenepan
Like and comment pls
- JoHo:
  Done
Kevineng
2021-08-11
Kevineng
Not good enough
Kritz_C
2021-08-11
Kritz_C
Nice
Dommm
2021-08-11
Dommm
Cool

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"HYZN","symbol_name":"Hyzon Motors Inc.","start_time":0,"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","article_id":"2158284033","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","pubTimestamp":1628685960,"sourceInfo":{"source_id":"fool_stock","name":"Motley Fool"},"weMediaInfo":null,"summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","collect":0,"end_time":0,"defaultTopTitle":"fool.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"translate_title":"Hyzon Motors：我们不再是“预营收”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"HYZN":0.9},"content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","kind":null,"is_publish_news":false,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":892701864,"gmtCreate":1628687960758,"gmtModify":1631892463597,"author":{"id":"3572775695513464","authorId":"3572775695513464","name":"Sam87","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3572775695513464","authorIdStr":"3572775695513464"},"htmlText":"😁","listText":"😁","text":"😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/892701864","repostId":2158284033,"repostType":4,"repost":{"id":"2158284033","pubTimestamp":1628685960,"share":"https://www.laohu8.com/m/news/2158284033?lang=&edition=full","pubTime":"2021-08-11 20:46","market":"us","language":"en","title":"Hyzon Motors: We're No Longer \"Pre-Revenue\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","media":"Motley Fool","summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","content":"<p>Electric heavy-truck maker <b>Hyzon Motors </b>(NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups.&nbsp;</p>\n<p>Hyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.</p>\n<h2>Highlights of Hyzon's second quarter</h2>\n<p>Hyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.</p>\n<p><img src=\"https://static.tigerbbs.com/de873586761db69d6c09eb4809f76550\" tg-width=\"700\" tg-height=\"452\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Hyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.</p>\n<p>Auto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.</p>\n<p>Hyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina.&nbsp;</p>\n<p>Of course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey &amp; Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America.&nbsp;</p>\n<h2>Looking ahead: Hyzon's expectations for the second half of 2021</h2>\n<ul>\n <li>Hyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.</li>\n <li>Hyzon expects its first vehicle revenue to occur in the current (third) quarter.</li>\n <li>The company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.</li>\n</ul>\n<p>Hyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.</p>\n<h2>The raw numbers</h2>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2021</th>\n   <th>Q2 2020</th>\n  </tr>\n  <tr>\n   <td>Adjusted earnings (loss) before interest, taxes, depreciation, and amortization</td>\n   <td>($12.01 million)</td>\n   <td>(About $293,000)</td>\n  </tr>\n  <tr>\n   <td>Research and development spending</td>\n   <td>$3.5 million</td>\n   <td>About $13,000</td>\n  </tr>\n  <tr>\n   <td>Operating profit (loss)</td>\n   <td>($9.27 million)</td>\n   <td>($13.05 million)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss)</td>\n   <td>($9.71 million)</td>\n   <td>(About $172,000)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss) per share</td>\n   <td>($0.10)</td>\n   <td>$0.00</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021.&nbsp;</p>\n<p>Hyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyzon Motors: We're No Longer \"Pre-Revenue\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158284033","content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5682060,"gmtCreate":1630212341929,"gmtModify":1631892463613,"authorId":3574996021054734,"author":{"id":3574996021054734,"idStr":"3574996021054734","authorId":3574996021054734,"name":"Teslawonder","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":892701864,"type":1,"supId":0,"prevId":0,"content":"ok like","text":"ok like","html":"ok like"},{"id":5496015,"gmtCreate":1628690706311,"gmtModify":1631892463599,"authorId":3582018388695034,"author":{"id":3582018388695034,"idStr":"3582018388695034","authorId":3582018388695034,"name":"KadK","avatar":"https://static.tigerbbs.com/bdd55ac999462c43b91c6309647ccc75","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":892701864,"type":1,"supId":0,"prevId":0,"content":"<u>like</u>","text":"<u>like</u>","html":"<u>like</u>"}],"langContent":"EN"},{"id":892477063,"gmtCreate":1628687732852,"gmtModify":1631890467343,"author":{"id":"3569237603070602","authorId":"3569237603070602","name":"Irenepan","avatar":"https://static.tigerbbs.com/db4e89afea753ce796193e2a3f10e433","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569237603070602","authorIdStr":"3569237603070602"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/892477063","repostId":2158284033,"repostType":4,"repost":{"id":"2158284033","pubTimestamp":1628685960,"share":"https://www.laohu8.com/m/news/2158284033?lang=&edition=full","pubTime":"2021-08-11 20:46","market":"us","language":"en","title":"Hyzon Motors: We're No Longer \"Pre-Revenue\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","media":"Motley Fool","summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","content":"<p>Electric heavy-truck maker <b>Hyzon Motors </b>(NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups.&nbsp;</p>\n<p>Hyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.</p>\n<h2>Highlights of Hyzon's second quarter</h2>\n<p>Hyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.</p>\n<p><img src=\"https://static.tigerbbs.com/de873586761db69d6c09eb4809f76550\" tg-width=\"700\" tg-height=\"452\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Hyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.</p>\n<p>Auto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.</p>\n<p>Hyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina.&nbsp;</p>\n<p>Of course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey &amp; Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America.&nbsp;</p>\n<h2>Looking ahead: Hyzon's expectations for the second half of 2021</h2>\n<ul>\n <li>Hyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.</li>\n <li>Hyzon expects its first vehicle revenue to occur in the current (third) quarter.</li>\n <li>The company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.</li>\n</ul>\n<p>Hyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.</p>\n<h2>The raw numbers</h2>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2021</th>\n   <th>Q2 2020</th>\n  </tr>\n  <tr>\n   <td>Adjusted earnings (loss) before interest, taxes, depreciation, and amortization</td>\n   <td>($12.01 million)</td>\n   <td>(About $293,000)</td>\n  </tr>\n  <tr>\n   <td>Research and development spending</td>\n   <td>$3.5 million</td>\n   <td>About $13,000</td>\n  </tr>\n  <tr>\n   <td>Operating profit (loss)</td>\n   <td>($9.27 million)</td>\n   <td>($13.05 million)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss)</td>\n   <td>($9.71 million)</td>\n   <td>(About $172,000)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss) per share</td>\n   <td>($0.10)</td>\n   <td>$0.00</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021.&nbsp;</p>\n<p>Hyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyzon Motors: We're No Longer \"Pre-Revenue\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158284033","content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5500910,"gmtCreate":1628731058002,"gmtModify":1631890467363,"authorId":3571654919705737,"author":{"id":3571654919705737,"idStr":"3571654919705737","authorId":3571654919705737,"name":"JoHo","avatar":"https://static.tigerbbs.com/f6abe4a1fabaa50223737e93c50ec182","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3586170583260442,"repliedAuthor":{"id":3586170583260442,"idStr":"3586170583260442","authorId":3586170583260442,"name":"tj1888","avatar":"https://static.tigerbbs.com/be489dd8feb1571d03f7d7bb02d2cb53","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":892477063,"type":1,"supId":5495337,"prevId":5496193,"content":"Thanks!","text":"Thanks!","html":"Thanks!"},{"id":5496193,"gmtCreate":1628691472667,"gmtModify":1631890467352,"authorId":3586170583260442,"author":{"id":3586170583260442,"idStr":"3586170583260442","authorId":3586170583260442,"name":"tj1888","avatar":"https://static.tigerbbs.com/be489dd8feb1571d03f7d7bb02d2cb53","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":892477063,"type":1,"supId":5495337,"prevId":0,"content":"comment","text":"comment","html":"comment"},{"id":5495337,"gmtCreate":1628687829257,"gmtModify":1631890467343,"authorId":3571654919705737,"author":{"id":3571654919705737,"idStr":"3571654919705737","authorId":3571654919705737,"name":"JoHo","avatar":"https://static.tigerbbs.com/f6abe4a1fabaa50223737e93c50ec182","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":892477063,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"},{"id":892474940,"gmtCreate":1628687708180,"gmtModify":1631890467349,"author":{"id":"3569237603070602","authorId":"3569237603070602","name":"Irenepan","avatar":"https://static.tigerbbs.com/db4e89afea753ce796193e2a3f10e433","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3569237603070602","authorIdStr":"3569237603070602"},"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/892474940","repostId":2158284033,"repostType":4,"repost":{"id":"2158284033","pubTimestamp":1628685960,"share":"https://www.laohu8.com/m/news/2158284033?lang=&edition=full","pubTime":"2021-08-11 20:46","market":"us","language":"en","title":"Hyzon Motors: We're No Longer \"Pre-Revenue\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","media":"Motley Fool","summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","content":"<p>Electric heavy-truck maker <b>Hyzon Motors </b>(NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups.&nbsp;</p>\n<p>Hyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.</p>\n<h2>Highlights of Hyzon's second quarter</h2>\n<p>Hyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.</p>\n<p><img src=\"https://static.tigerbbs.com/de873586761db69d6c09eb4809f76550\" tg-width=\"700\" tg-height=\"452\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Hyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.</p>\n<p>Auto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.</p>\n<p>Hyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina.&nbsp;</p>\n<p>Of course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey &amp; Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America.&nbsp;</p>\n<h2>Looking ahead: Hyzon's expectations for the second half of 2021</h2>\n<ul>\n <li>Hyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.</li>\n <li>Hyzon expects its first vehicle revenue to occur in the current (third) quarter.</li>\n <li>The company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.</li>\n</ul>\n<p>Hyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.</p>\n<h2>The raw numbers</h2>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2021</th>\n   <th>Q2 2020</th>\n  </tr>\n  <tr>\n   <td>Adjusted earnings (loss) before interest, taxes, depreciation, and amortization</td>\n   <td>($12.01 million)</td>\n   <td>(About $293,000)</td>\n  </tr>\n  <tr>\n   <td>Research and development spending</td>\n   <td>$3.5 million</td>\n   <td>About $13,000</td>\n  </tr>\n  <tr>\n   <td>Operating profit (loss)</td>\n   <td>($9.27 million)</td>\n   <td>($13.05 million)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss)</td>\n   <td>($9.71 million)</td>\n   <td>(About $172,000)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss) per share</td>\n   <td>($0.10)</td>\n   <td>$0.00</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021.&nbsp;</p>\n<p>Hyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyzon Motors: We're No Longer \"Pre-Revenue\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158284033","content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5495341,"gmtCreate":1628687839447,"gmtModify":1631890467342,"authorId":3571654919705737,"author":{"id":3571654919705737,"idStr":"3571654919705737","authorId":3571654919705737,"name":"JoHo","avatar":"https://static.tigerbbs.com/f6abe4a1fabaa50223737e93c50ec182","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":892474940,"type":1,"supId":0,"prevId":0,"content":"<u>Done</u>","text":"<u>Done</u>","html":"<u>Done</u>"}],"langContent":"EN"},{"id":892472861,"gmtCreate":1628687649253,"gmtModify":1633745139275,"author":{"id":"3578295948186506","authorId":"3578295948186506","name":"Kevineng","avatar":"https://static.tigerbbs.com/79c160f305341022220b9e214c9d4fcf","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3578295948186506","authorIdStr":"3578295948186506"},"htmlText":"Not good enough","listText":"Not good enough","text":"Not good enough","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892472861","repostId":2158284033,"repostType":4,"repost":{"id":"2158284033","pubTimestamp":1628685960,"share":"https://www.laohu8.com/m/news/2158284033?lang=&edition=full","pubTime":"2021-08-11 20:46","market":"us","language":"en","title":"Hyzon Motors: We're No Longer \"Pre-Revenue\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","media":"Motley Fool","summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","content":"<p>Electric heavy-truck maker <b>Hyzon Motors </b>(NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups.&nbsp;</p>\n<p>Hyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.</p>\n<h2>Highlights of Hyzon's second quarter</h2>\n<p>Hyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.</p>\n<p><img src=\"https://static.tigerbbs.com/de873586761db69d6c09eb4809f76550\" tg-width=\"700\" tg-height=\"452\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Hyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.</p>\n<p>Auto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.</p>\n<p>Hyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina.&nbsp;</p>\n<p>Of course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey &amp; Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America.&nbsp;</p>\n<h2>Looking ahead: Hyzon's expectations for the second half of 2021</h2>\n<ul>\n <li>Hyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.</li>\n <li>Hyzon expects its first vehicle revenue to occur in the current (third) quarter.</li>\n <li>The company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.</li>\n</ul>\n<p>Hyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.</p>\n<h2>The raw numbers</h2>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2021</th>\n   <th>Q2 2020</th>\n  </tr>\n  <tr>\n   <td>Adjusted earnings (loss) before interest, taxes, depreciation, and amortization</td>\n   <td>($12.01 million)</td>\n   <td>(About $293,000)</td>\n  </tr>\n  <tr>\n   <td>Research and development spending</td>\n   <td>$3.5 million</td>\n   <td>About $13,000</td>\n  </tr>\n  <tr>\n   <td>Operating profit (loss)</td>\n   <td>($9.27 million)</td>\n   <td>($13.05 million)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss)</td>\n   <td>($9.71 million)</td>\n   <td>(About $172,000)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss) per share</td>\n   <td>($0.10)</td>\n   <td>$0.00</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021.&nbsp;</p>\n<p>Hyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyzon Motors: We're No Longer \"Pre-Revenue\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158284033","content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892471305,"gmtCreate":1628687497607,"gmtModify":1633745140738,"author":{"id":"4091502498282150","authorId":"4091502498282150","name":"Kritz_C","avatar":"https://static.tigerbbs.com/4438e1797b9d37c870aac4b550893d60","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4091502498282150","authorIdStr":"4091502498282150"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892471305","repostId":2158284033,"repostType":4,"repost":{"id":"2158284033","pubTimestamp":1628685960,"share":"https://www.laohu8.com/m/news/2158284033?lang=&edition=full","pubTime":"2021-08-11 20:46","market":"us","language":"en","title":"Hyzon Motors: We're No Longer \"Pre-Revenue\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","media":"Motley Fool","summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","content":"<p>Electric heavy-truck maker <b>Hyzon Motors </b>(NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups.&nbsp;</p>\n<p>Hyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.</p>\n<h2>Highlights of Hyzon's second quarter</h2>\n<p>Hyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.</p>\n<p><img src=\"https://static.tigerbbs.com/de873586761db69d6c09eb4809f76550\" tg-width=\"700\" tg-height=\"452\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Hyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.</p>\n<p>Auto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.</p>\n<p>Hyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina.&nbsp;</p>\n<p>Of course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey &amp; Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America.&nbsp;</p>\n<h2>Looking ahead: Hyzon's expectations for the second half of 2021</h2>\n<ul>\n <li>Hyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.</li>\n <li>Hyzon expects its first vehicle revenue to occur in the current (third) quarter.</li>\n <li>The company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.</li>\n</ul>\n<p>Hyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.</p>\n<h2>The raw numbers</h2>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2021</th>\n   <th>Q2 2020</th>\n  </tr>\n  <tr>\n   <td>Adjusted earnings (loss) before interest, taxes, depreciation, and amortization</td>\n   <td>($12.01 million)</td>\n   <td>(About $293,000)</td>\n  </tr>\n  <tr>\n   <td>Research and development spending</td>\n   <td>$3.5 million</td>\n   <td>About $13,000</td>\n  </tr>\n  <tr>\n   <td>Operating profit (loss)</td>\n   <td>($9.27 million)</td>\n   <td>($13.05 million)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss)</td>\n   <td>($9.71 million)</td>\n   <td>(About $172,000)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss) per share</td>\n   <td>($0.10)</td>\n   <td>$0.00</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021.&nbsp;</p>\n<p>Hyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyzon Motors: We're No Longer \"Pre-Revenue\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158284033","content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":892442591,"gmtCreate":1628686886813,"gmtModify":1633745144011,"author":{"id":"4088391628153520","authorId":"4088391628153520","name":"Dommm","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4088391628153520","authorIdStr":"4088391628153520"},"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/892442591","repostId":2158284033,"repostType":4,"repost":{"id":"2158284033","pubTimestamp":1628685960,"share":"https://www.laohu8.com/m/news/2158284033?lang=&edition=full","pubTime":"2021-08-11 20:46","market":"us","language":"en","title":"Hyzon Motors: We're No Longer \"Pre-Revenue\"","url":"https://stock-news.laohu8.com/highlight/detail?id=2158284033","media":"Motley Fool","summary":"The company has begun shipping its zero-emissions heavy trucks to customers.","content":"<p>Electric heavy-truck maker <b>Hyzon Motors </b>(NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups.&nbsp;</p>\n<p>Hyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.</p>\n<h2>Highlights of Hyzon's second quarter</h2>\n<p>Hyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.</p>\n<p><img src=\"https://static.tigerbbs.com/de873586761db69d6c09eb4809f76550\" tg-width=\"700\" tg-height=\"452\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Hyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.</p>\n<p>Auto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.</p>\n<p>Hyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina.&nbsp;</p>\n<p>Of course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey &amp; Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America.&nbsp;</p>\n<h2>Looking ahead: Hyzon's expectations for the second half of 2021</h2>\n<ul>\n <li>Hyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.</li>\n <li>Hyzon expects its first vehicle revenue to occur in the current (third) quarter.</li>\n <li>The company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.</li>\n</ul>\n<p>Hyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.</p>\n<h2>The raw numbers</h2>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Q2 2021</th>\n   <th>Q2 2020</th>\n  </tr>\n  <tr>\n   <td>Adjusted earnings (loss) before interest, taxes, depreciation, and amortization</td>\n   <td>($12.01 million)</td>\n   <td>(About $293,000)</td>\n  </tr>\n  <tr>\n   <td>Research and development spending</td>\n   <td>$3.5 million</td>\n   <td>About $13,000</td>\n  </tr>\n  <tr>\n   <td>Operating profit (loss)</td>\n   <td>($9.27 million)</td>\n   <td>($13.05 million)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss)</td>\n   <td>($9.71 million)</td>\n   <td>(About $172,000)</td>\n  </tr>\n  <tr>\n   <td>Net income (loss) per share</td>\n   <td>($0.10)</td>\n   <td>$0.00</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021.&nbsp;</p>\n<p>Hyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hyzon Motors: We're No Longer \"Pre-Revenue\"</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHyzon Motors: We're No Longer \"Pre-Revenue\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-11 20:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HYZN":"Hyzon Motors Inc."},"source_url":"https://www.fool.com/investing/2021/08/11/hyzon-motors-has-begun-shipping-fuel-cell-heavy-tr/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2158284033","content_text":"Electric heavy-truck maker Hyzon Motors (NASDAQ:HYZN) said it has begun shipping its fuel-cell-powered heavy trucks to customers, a significant milestone it achieved ahead of some better-known rival start-ups. \nHyzon on Wednesday morning reported a net loss of $9.4 million in the second quarter, or $0.10 per share, versus a slight loss in the second quarter of 2020. Hyzon had no revenue in the quarter, but it made strong progress on its go-to-market plan -- enough progress that the second quarter will almost certainly be its last as a \"pre-revenue\" company.\nHighlights of Hyzon's second quarter\nHyzon, based in Rochester, New York, is a spinoff of Singapore-based Horizon Fuel Cell Technologies, which has been developing hydrogen fuel cells for over 15 years. The company has a factory in the Netherlands that has begun small-scale manufacturing, another in Chicago that will be operational soon, and a third plant under construction in Rochester that will be up and running by mid-2022.\n\nHyzon's Dutch factory has begun delivering vehicles to customers in Europe. Image source: Hyzon Motors.\nAuto investors should note that Hyzon doesn't build trucks and buses from scratch. The company manufactures zero-emissions drivetrains and installs them on chassis from major truck and bus makers, an approach that greatly reduced its time to market and that allows it to supply customers with a range of vehicle types at reasonable costs.\nHyzon may not have generated any revenue in the second quarter, but CEO Craig Knight emphasized that the company did make significant progress on its business plan. Its milestones in recent months have included booking orders from customers in Europe and Australia for a range of vehicles including garbage trucks, buses, and tractor-trailers for an Austrian supermarket chain and Netherlands-based dairy giant Royal FrieslandCampina. \nOf course, hydrogen fuel-cell trucks require hydrogen refueling stations, and that's also part of Hyzon's plan. In June, the company hired McKinsey & Company veteran Parker Meeks to lead the buildout of a global hydrogen refueling network that -- the company hopes -- will eventually include 1,000 stations in Europe, Australia, and North America. \nLooking ahead: Hyzon's expectations for the second half of 2021\n\nHyzon confirmed its prior sales guidance: It still expects to deliver 85 vehicles in 2021.\nHyzon expects its first vehicle revenue to occur in the current (third) quarter.\nThe company's first U.S.-assembled trucks will begin on-road trials with U.S. customers before the end of the year.\n\nHyzon also confirmed its Chicago facility will begin production in the fourth quarter of 2021, and its Rochester plant is on track to begin production in the second quarter of 2022.\nThe raw numbers\n\n\n\nMetric\nQ2 2021\nQ2 2020\n\n\nAdjusted earnings (loss) before interest, taxes, depreciation, and amortization\n($12.01 million)\n(About $293,000)\n\n\nResearch and development spending\n$3.5 million\nAbout $13,000\n\n\nOperating profit (loss)\n($9.27 million)\n($13.05 million)\n\n\nNet income (loss)\n($9.71 million)\n(About $172,000)\n\n\nNet income (loss) per share\n($0.10)\n$0.00\n\n\n\nData source: Hyzon Motors. Adjusted figures exclude stock-based compensation of about $580,000 in the second quarter of 2021. \nHyzon had $517 million in cash as of Aug. 10. The company had $32.3 million in cash as of June 30, before its merger with Decarbonization Plus Acquisition closed, and $17.14 million in cash as of Dec. 31, 2020.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":63,"commentSize":8,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2158284033"}