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Hyzon Motors appoints former Crane Carrier Company CEO as President of Vehicle Operations

Hyzon Motors Inc. (NASDAQ: HYZN), a leading supplier of zero-emission, hydrogen fuel cell-powered commercial vehicles, today announced the appointment of Pat Griffin as President of Vehicle Operations, effective October 25.

Mr. Griffin recently held the position of chief executive officer at Crane Carrier Company ("CCC"), a leading original equipment manufacturer (OEM) of vocational trucks and specialty vehicles. During Griffin's tenure, he successfully positioned the company for growth, supporting the sale by Turnspire Capital Partners to electric vehicle technology developer Battle Motors, another pioneer in zero-emissions trucking.

Before joining CCC, Griffin held the position of President of Light Duty Truck & EV Solutions at Fontaine Modification, a Berkshire Hathaway company and leading provider of post-production truck modification services. Fontaine Modification and Hyzon have partnered to provide the vehicle assembly services for Hyzon's US fuel cell electric vehicle production.

Griffin additionally held positions with Berkshire Hathaway companies as president of Marmon-Herrington, an OE drivetrain provider to the vocational heavy truck market, and vice president of sales with Fontaine Modification. Griffin also held executive position with Wabash National Corporation, the largest North American producer of semi-trailers and liquid transportation systems.

"Joining Hyzon, a company at the forefront of the clean energy transition, allows me to apply years of functional experience in the heavy-duty vehicle industry to a truly transformative mission," said Griffin. "I look forward to shaping the strategy and commercialization of this much-needed technology."

"Pat's knowledge of the market, the product, and the suppliers, combined with his track record of driving growth and profitability, make him the ideal choice for this position," said Craig Knight, Hyzon Motors' CEO. "We believe that the breadth and depth of his experience in vocational as well as electric vehicles will help Hyzon achieve its full potential."

In addition to his career accomplishments, Griffin holds a Bachelor of Science in Welding Engineering from The Ohio State University, and a Master of Arts in Organizational Management from Tusculum University. He is a Six Sigma Black Belt, and award holder of multiple patents in the transportation industry.

About Hyzon

Headquartered in Rochester, N.Y., 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. Utilizing 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.

Forward-Looking Statements 

This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyzon disclaims any duty to update any forward -looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Hyzon cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyzon, including risks and uncertainties described in the  "Risk Factors" section of Hyzon's definitive proxy statement on Schedule 14A filed with the U.S. Securities and Exchange Commission (the "SEC") on June 21, 2021, our Registration Statement on Form S-1 filed with the SEC on July 30, 2021, and other documents filed by Hyzon from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements, such as risks related to the ability to convert non-binding memoranda of understanding into binding orders or sales (including because of the current or prospective financial resources of the counterparties to Hyzon's non-binding memoranda of understanding and letters of intent), or the ability to identify additional potential customers and convert them to paying customers. Hyzon gives no assurance that Hyzon will achieve its expectations.

(PRNewsfoto/Hyzon Motors)

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