Fuel cell truck maker Hyzon shares drop 20% in market debut
Co-branding Freightliner Cascadias for trial runs of hydrogen fuel cells in Q4 4 minutes read Hydrogen fuel cell electric truck maker Hyzon Motors began trading Monday, a terrible day for markets. (Photo: Hyzon Motors)
Hyzon Motors Inc. began public trading Monday on a terrible note as its shares fell more than 20% on a day when markets continued to tumble.
The maker of hydrogen-powered fuel cell trucks, which has more than $37 million in confirmed orders for delivery globally this year, was nonetheless upbeat about its prospects. Total booked orders amount to $86 million.
Renault Samsung halts Korean plant operations over chip shortage
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Electric Vehicle Market Size to Reach USD 275 22 Billion by 2025 at a CAGR 20 39%
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Samsung thrives as Seoul mulls pardon of corporate heir
KIM TONG-HYUNG, Associated Press
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1of6FILE - In this Dec. 30, 2020, file photo, Samsung Electronics Vice Chairman Lee Jae-yong arrives at the Seoul High Court in Seoul, South Korea. Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company.Lee Jin-man/APShow MoreShow Less
2of6Local residents attend a rally calling for a pardon of Samsung Electronics Vice Chairman Lee Jae-yong in Uiryeong, South Korea, on May 12, 2021. Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison after his conviction in a massive corruption scandal, even though business has rarely looked better at South Korea’s largest company. (Kim Dong-min/Yonhap via AP)K