The two companies are working together to accelerate the transition to zero emissions through the development of hydrogen fuel cell powered commercial vehicles

Ricardo (LSE: RCDO), a world-class environmental, engineering and strategic consulting company, is partnering with leading hydrogen vehicle supplier Hyzon Motors Inc. (NASDAQ: HYZN) on developing and deploying commercial systems to support the decarbonisation of the global transport and energy sectors.

The companies announced today they will be working to combine Hyzon’s high-power-density fuel cell stack with Ricardo’s unrivaled software and controls, thermal management and proven track record advising customers on hydrogen fuel cell technology. 

Hyzon, the global manufacturer of zero-emissions vehicles headquartered in Rochester, NY., is playing a critical role in driving the commercialization of hydrogen fuel cell, including through the Hyzon Zero Carbon Alliance. The company is deploying fuel cell systems into a wide variety of applications including heavy duty trucks, buses and coaches, based on the hydrogen technology developed over 18 years at parent-company Horizon.

Craig Knight, Hyzon CEO, said: “Our focus is on accelerating the energy transition through the manufacturing and supply of hydrogen fuel cell-powered commercial vehicles across the North American, European and Australasian regions. The partnership with Ricardo boosts our contributions to the energy transition, leveraging Ricardo’s holistic design and integration expertise with our fuel cell stacks.”

Marques McCammon, Managing Director, Global Automotive and Industrial for Ricardo said: “The Hyzon-Ricardo agreement illustrates the importance of collaboration to enable production-scale deployment of economical, advanced clean mobility solutions to accelerate the path to net zero emissions across all modes of transport. Collectively, we are helping our clients gain the benefits of hydrogen fuel cell technology. We are combining our expertise in vehicle control software and system integration with Hyzon’s fuel stack know-how to accelerate the decarbonisation of heavy duty vehicles by delivering high-efficiency fuel cell electric propulsion systems.”

The potential of the Hyzon-Ricardo engagement has already borne fruit with the debut of the Ricardo Vehicle Integrated Controls and Simulation (VICS) control system within the Hyzon fuel cell electric truck at the Advanced Clean Transportation conference in September. Moving forward, Ricardo will support Hyzon in a global capacity on the development and deployment of advanced energy management and propulsion systems to accelerate the realisation of net zero initiatives across all modes of transport.

 

About Ricardo
Ricardo plc is a world-class environmental, engineering and strategic consulting company listed on the London Stock Exchange. With over 100 years of engineering excellence, we provide exceptional levels of expertise in delivering leading edge and innovative cross sector sustainable products and solutions, helping our global customers increase efficiencies, achieve growth and create a clear and safer future. Our mission is clear –- to create a world fit for the future. For more information visit www.ricardo.com

About Hyzon
Headquartered in Rochester, NY with U.S. operations in the Chicago and Detroit areas, and international operations in the Netherlands, Singapore, Australia, Germany, and China, Hyzon is a leader in fuel cell electric mobility with an exclusive focus on the commercial vehicle market, and a near-term focus on back to base (captive fleet) operations. Utilising 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 to mitigate emissions from diesel transportation, which is one of the single largest sources of carbon emissions globally. The Company is contributing to the escalating adoption of fuel cell electric vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com.

 

Media contacts:

For Ricardo:
Kathryn Bellamy
Senior Communications Manager
Ricardo Automotive & Industrial, and Performance Products
Email: kathryn.bellamy@ricardo.com
Telephone: +44(0)7921 941824

Ricardo Media Office
Gill Gibbons
Email: media@ricardo.com
Telephone: +44 (0) 7795 342804

For Hyzon:
Caroline Curran
Hill+Knowlton Strategies
+1 256-653-5811
caroline.curran@hkstrategies.com