Hydrogen truck manufacturer Hyzon will incur charges of around $17m by halting its Dutch and Australian operations as it refocuses on its home market in North America, the company has revealed.
In an announcement today (July 8), Hyzon said government support for fuel cell-powered transport in Europe and Australia had “waned,” by comparison to North America.
The company said that waning support included, “the disbandment in many European countries of hydrogen subsidies.”
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