Leading global supplier of zero-emission hydrogen fuel cell-powered heavy vehicles, Hyzon Motors has signed a strategic collaboration agreement with Sojitz Machinery Corporation of America (SMA) to partner in penetrating new markets and exploring the development of new fuel cell-powered commercial mobility applications.
SMA is a subsidiary of the Sojitz Group, a global distributor of machinery and equipment headquartered in Tokyo.
The strategic relationship between Hyzon and SMA aims to connect Hyzon's hydrogen fuel cell-powered heavy vehicles and fuel-cell technologies with Sojitz customers and suppliers, enabling access to new markets and helping warehouse and logistics businesses decarbonise their operations.
Both the companies will also jointly explore possibilities to bring new fuel cell-powered machinery to market, including forklifts.
Craig Knight, CEO and Co-Founder, Hyzon, said, 'As the global energy transition takes hold, hydrogen has rapidly become the preferred fuel for a multitude of applications. We are excited to partner with Sojitz to look at providing the world's largest retailers, manufacturers, warehouses, distribution centres and logistics companies with zero-emission vehicles and a viable path to decarbonise their operations. This collaboration presents an opportunity to scale our core business of hydrogen-powered heavy vehicles while potentially building new offerings in complementary areas that bring additional value to customers.'
Tadashi Miyazaki, President, SMA said, 'Our partnership with Hyzon Motors, which will help Sojitz Machinery of America and our customers decarbonise commercial mobility, is timely and supportive of Sojitz Group's larger goal to achieve carbon neutrality by 2050. We look forward to a close relationship with Hyzon to bring its leading hydrogen fuel cell technologies to an increasing range of commercial applications as the North American hydrogen mobility story gains pace. We are excited for the possibilities that collaboration between Sojitz and Hyzon can enable for clean commercial mobility - both in North America and globally.'
NB: Photo is representational.