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09 Jul

US fuel cell maker Hyzon to exit Europe, Australia markets

US fuel cell system manufacturer Hyzon, formerly known as Hyzon Motors, is halting operations in the Netherlands and Australia, Kallanish reports. The decision comes after an assessment of the “challenging market conditions across Europe and Australia,” the company says. The review identified waning government support for fuel cell-powered transportation in the two regions, including the disbandment of hydrogen subsidies in European countries, it claim…
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