Hydrogen fuel cell firm Hyzon Motors has launched the worldwide Hyzon Zero Carbon Alliance, it has announced.
The new collaboration of firms in various industries are all committed to advancing the deployment of hydrogen mobility worldwide and helping the environment.
Companies include Ark Energy, AXA, Bank of America, Hiringa Energy, Modern Group, NEOM, Raven SR, ReCarbon and Total, along with Hyzon, will work together as the initial members of the alliance to drive the development of hydrogen mobility supply chains globally and help to eliminate emissions in the hard-to-evade sector of commercial transport.
The alliance will use the collective expertise, resources and capability of its members to foster knowledge and innovation, identify priority projects, create business models and support delivery of attractive solutions enabling customers to viably make the transition to cleaner hydrogen fuel cell commercial vehicles.
Together, the group of leading financiers, insurers and energy companies, along with global innovation hub NEOM, will support the development of hydrogen ecosystems with the aim of accelerating the energy transition.
George Gu, chairman and co-Founder of Hyzon Motors, said: “Through the Hyzon Zero Carbon Alliance, we will work with partners to expand the deployment of zero-emission hydrogen fuel cell powered heavy vehicles globally and continue leading the hydrogen transition.
“We are incredibly excited to be working with leading companies committed to the energy transition who recognise the potential of hydrogen commercial mobility as an essential pathway to a net-zero transport sector.”
Image from Hyzon Motors