Hyzon Motors sells hydrogen-powered trucks to Hylane
Hylane aligns key elements within the value chain, including energy producers, refuelling infrastructure providers, and government subsidy programs.
Hyzon Motors Inc. will supply its fuel cell electric trucks to Hylane GmbH (a wholly-owned subsidiary of DEVK Versicherung), one of Germany’s largest motor insurers.
It has purchased 18 Hyzon vehicles, with deliveries expected to begin in late 2022.
Under Hylane’s sustainable mobility model, fleet owners can deploy Hyzon vehicles in their operations through a rental agreement with Hylane. Further, it is expected that customers will only pay for the miles actually driven.
Hylane plans to cover maintenance or downtime costs. Through this pay-per-use approach, Hylane expects to minimize the risk for customers while accelerating the rate at which zero-emission vehicles replace diesel.
Hylane has already confirmed rental contracts for the first vehicles and is in talks with numerous prominent transport companies interested in transitioning their fleets to zero-emission options.
Germany is expected to be one of the major global markets for zero-emission commercial vehicle technologies in the coming years. It has recently announced support for a total ban on sales of combustion engine cars from 2035, and there are already significant domestic incentives in place to transition heavy vehicles off diesel.
Craig Knight, Hyzon CEO and co-founder said, “Through Hylane’s sustainable mobility program, customers across Germany can experience first-hand the vehicle performance, driver satisfaction, and emissions reductions of Hyzon’s fuel cell electric trucks.”