MELBOURNE, Australia,
July 7, 2021 /PRNewswire/
-- Hyzon Motors Inc., a leading global supplier of
zero-emission hydrogen fuel cell-powered heavy vehicles, has
appointed investment and business development veteran John Edgley to lead the company's Australia and New
Zealand operations.
Edgley takes over as managing director July 23, based in Melbourne, as Hyzon continues to expand its
footprint in the Australasian region.
Edgley joins Hyzon after having served as the chief investment
officer for a multinational industrial conglomerate with operations
in water and wastewater treatment, marine construction,
infrastructure, and diversified portfolio investment.
Edgley has deep experience in innovating within traditional
industrial operations, creating sustainable growth and enterprise
value by applying technology, systems and insight to the discipline
of physical manufacturing. In his new role, Mr Edgley will oversee
Hyzon's first delivery of hydrogen fuel cell-powered coaches to
Fortescue Metals Group's Christmas Creek iron ore hub in
Western Australia and the first
hydrogen-powered prime movers to Hiringa Energy in New Zealand.
"There is enormous opportunity in this region of the world for
Hyzon to introduce its hydrogen fuel cell technology," Mr. Edgley
said. "The long distances, extreme weather conditions and
challenging terrain, along with prolific mining activity, create
the need for high performance, rugged technology. Unlike many other
zero-emissions solutions, the high-density fuel cells developed by
Hyzon are uniquely suited to tackle these environments."
"We stand at a pivotal point in history as hydrogen takes over
from fossil fuels and Hyzon is positioned to power the next era of
economic growth," Mr. Edgley continued. "It is a real privilege to
be building new jobs, new manufacturing and technology facilities,
and a fundamentally new industry in Australia and New
Zealand, that will underpin a sustainable future for us
all."
Hyzon CEO and co-founder Craig
Knight said Edgley's "experience in the energy and
industrial world will allow us to continue to grow our presence in
these hydrogen-ready, high-growth corners of the world. "
Edgley's appointment comes ahead of Hyzon's business combination
with Decarbonization Plus Acquisition Corporation (NASDAQ: DCRB), a
special purpose acquisition company, that would result in Hyzon
becoming a publicly listed company.
Hyzon is seeing accelerating demand for zero-emissions transport
solutions throughout Australia and
New Zealand. Under Edgley's
leadership, Hyzon will continue introducing its imported commercial
vehicles, and also expects to localize production of key platforms,
including refuse collection vehicles and road trains for use in the
mining sector.
Edgley also has served as director and managing director for
Australian companies specializing in private equity, residential
developments and health care. He has an MBA from Harvard University and a bachelor's degree in
engineering from the University of
Melbourne.
About Hyzon Motors Inc.
Headquartered in Rochester, N.Y., with U.S. operations also in
Chicago and Detroit, and international operations in
the Netherlands, Singapore, Australia and China, Hyzon is a leader in hydrogen mobility.
Hyzon is a pure-play hydrogen mobility company with an exclusive
focus on hydrogen in the commercial vehicle market. Utilizing its
proven and proprietary hydrogen fuel cell technology, Hyzon aims to
supply zero-emission heavy duty trucks and buses to customers in
North America, Europe and around the world. The company is
contributing to the escalating adoption of hydrogen vehicles
through its demonstrated technology advantage, leading fuel cell
performance and history of rapid innovation. Visit
www.hyzonmotors.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the
meaning of Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended.
All statements, other than statements of present or historical fact
included in this press release, including those regarding
Decarbonization Plus Acquisition Corporation's ("DCRB") proposed
acquisition of Hyzon and DCRB's ability to consummate the
transaction, are forward-looking statements. When used in this
press release, the words "could," "should," "will," "may,"
"believe," "anticipate," "intend," "estimate," "expect," "project,"
the negative of such terms and other similar expressions are
intended to identify forward-looking statements, although not all
forward-looking statements contain such identifying words. These
forward-looking statements are based on management's current
expectations and assumptions about future events and are based on
currently available information as to the outcome and timing of
future events. Except as otherwise required by applicable law, DCRB
and Hyzon disclaim any duty to update any forward -looking
statements, all of which are expressly qualified by the statements
in this section, to reflect events or circumstances after the date
of this press release. DCRB and Hyzon caution you that these
forward-looking statements are subject to numerous risks and
uncertainties, most of which are difficult to predict and many of
which are beyond the control of either DCRB or Hyzon, including
risks and uncertainties described in the "Risk Factors" section of
Exhibit 99.3 of DCRB's Current Report on Form 8-K filed with the
U.S. Securities and Exchange Commission (the "SEC") on February 9, 2021, the "Risk Factors" section of
DCRB's definitive proxy statement on Schedule 14A filed with the
SEC on June 21, 2021, and other
documents filed by DCRB from time to time with the SEC. These
filings identify and address other important risks and
uncertainties that could cause actual events and results to differ
materially from those contained in the forward-looking statements,
such as risks related to the ability to convert non-binding
memoranda of understanding into binding orders or sales (including
because of the current or prospective financial resources of the
counterparties to Hyzon's non-binding memoranda of understanding
and letters of intent), or the ability to identify additional
potential customers and convert them to paying customers. Hyzon
gives no assurance that Hyzon will achieve its expectations.
Important Information for Investors and
Stockholders
In connection with the proposed business combination, DCRB filed a
proxy statement and other relevant documents with the SEC.
Stockholders and other interested persons are urged to read the
proxy statement and any other relevant documents filed with the SEC
because they contain important information about DCRB, Hyzon and
the proposed business combination. Stockholders may obtain a free
copy of the proxy statement, as well as other filings containing
information about DCRB, Hyzon and the proposed business
combination, without charge, at the SEC's website located at
www.sec.gov.
Participants in the Solicitation
DCRB, Hyzon and their directors and executive officers and other
persons may be deemed to be participants in the solicitations of
proxies from DCRB's stockholders in respect of the proposed
business combination and the other matters set forth in the proxy
statement. Information regarding DCRB's directors and executive
officers is available in DCRB's Annual Report on Form 10-K for the
annual period ended December 31,
2020, and under the heading "Information About DCRB" in
DCRB's definitive proxy statement related to the proposed business
combination filed with the SEC on June 21,
2021. Additional information regarding the participants in
the proxy solicitation and a description of their direct and
indirect interests, by security holdings or otherwise, is set forth
in the proxy statement relating to the proposed business
combination.
Contacts
For U.S., Europe and
Asia media:
Caroline Curran
Hill+Knowlton Strategies
+1 256-653-5811
caroline.curran@hkstrategies.com
For Australasian media:
Fraser Beattie
Cannings Purple
+61 421 505 557
fbeattie@canningspurple.com.au
For investors:
Caldwell Bailey
ICR, Inc.
HyzonMotorsIR@icrinc.com
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SOURCE HYZON Motors
