Hyzon SPAC Presentation Deck slide image

Hyzon SPAC Presentation Deck

Proprietary Fuel Cell Continues to Rapidly Iterate to Higher Performance with Industry-Leading Cycle Times Between Generations Hyzon fuel cells have rapidly improved. The higher power density makes the Hyzon fuel cell competitive with diesel today. The new Titan stacks are projected to have the highest power density on the market Hyzon's unique fuel cell stack design (patent pending) aims to improve active area material utilization rate from 70% to almost 100%, resulting in cost reduction and an increase in power density Source: Management data and projections HYZON | DCRB+ LAUNCH DATE MAX POWER (KW) POWER DENSITY (KW/l) POWER DENSITY (W/cm2) CELL THICKNESS (mm) PLATE MATERIAL EXPECTED RUN TIME (hrs) APPLICATION STATUS SYSTEM COST ACHIEVED $/kW SYSTEM LT COST TARGET $/kW FUEL CELL STACK DEVELOPMENT G1 2016 40 1.5 0.7 2.8 Graphite 10,000 Commercial vehicle TECHNOLOGY Finished 1,000 G2 2019 150 4.2 1.2 1.6 Hybrid 20,000 Commercial vehicle, heavy equipment, train, marine, powerplant Volume production 500 300 G3 TITAN 2022 370 5.5 1.5 1.2 Ti 20,000 Commercial vehicle, heavy equipment, train, marine, aircraft, powerplant Single cell validated, tool in progress 120 26
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