Hydrogen trucks retreat from Australia as BEV sales surge [Video]

Hydrogen fuel cell specialists Hyzon have announced plans to quit Australia even as sales of battery electric commercial trucks climb.

For a while, it seemed like Hyzon had found something of a home in Australia. Recently, the American startup had announced pilot programs that would see its hydrogen fuel cells put to work in transit buses in Brisbane, tow trucks (above) in Victoria, and five 154-ton severe duty trucks scheduled to service a zinc refinery operation in north Queensland.

Alas, it seems like it’s not enough – Hyzon said Monday that, after a review of its business operations, it has “started realigning its strategic priorities along several lines to focus on the company’s core North American markets and the refuse industry.”

The company said it was hoping to raise new capital to get its 200 kW HFCs into series production, and has retained investment bank PJT Partners to evaluate a number of options, …