Hyzon Motors will boost decarbonization with the Repower program

The first commercial launch of the program will convert diesel trucks into fuel cell electric vehicles.

Hyzon Motors (NASDAQ ticker HYZN) has announced the first commercial launch of its Repower program, which aims to accelerate decarbonization through fuel cell electric vehicles (FCEVs).

The zero H2 emissions supplier and commercial supplier of FCEV is working to reduce CO2 from the roads.

Hyzon Motors’ decarbonization strategy was developed in response to global demand for zero-emission vehicles amid a global supply chain crisis. The company intends to use the Repower program to allow customers to convert their existing diesel truck chassis to fuel cell electric alternatives.

Once the diesel components are removed, the vehicles will be equipped with the fuel cell system, electric drivetrain and H2 storage system exclusive to Hyzon Motors through a partnership with Fontaine Modification.

“The Repower program is a natural solution to our current situation: customers are urgently looking to reduce emissions, but current supply chain constraints make it very difficult to meet demand,” said Craig Knight, CEO from Hyzon Motors. “By producing our proprietary fuel cells in-house, Hyzon’s Repower program can deliver zero-emission vehicles to customers faster, at lower cost and with less waste.”

The company expects the Repower program to provide an effective method of decarbonization.

Hyzon envisioned that its program will provide customers with an efficient way to convert their fleets so they have cleaner trucks on the road and can do it sooner than they expected. Currently, the lead time for a new vehicle chassis is 16 months due to the supply chain crisis.

That said, with existing vehicles, the Repower program will be able to upgrade the truck chassis much faster, since Hyzon Motors will have direct access to an existing chassis. From there, decarbonization can also help reduce customer costs, which means the total cost of ownership (TCO) of the vehicle will be at or below diesel parity in California, due to subsidies available in the State. Additionally, the program helps minimize waste and carbon emissions associated with asset renewal manufacturing.

Ryan H. Bowman