Hyzon SPAC Presentation Deck
FCEV Trucks Provide Superior Economics to BEV in California
As more FCEVS are rolled out, we expect
that hydrogen will drop in price and
FCEVS will become more competitive
As more BEVS are rolled out, we expect
that electricity costs will increase in price
and BEVS will become less competitive
The high cost of electricity in California
makes the roll out of battery electric
trucks particularly uncompetitive,
compounding the critical issues in
refueling time and battery weight
The California grid already makes electric
vehicles impractical given the frequent
blackouts (city bus fleets were grounded in
September heatwaves, due to grid limitation,
even with minimal EV penetration). California
has almost half the share of EVS in the US
Source: Management estimates, SoCal public data
HYZON | DCRB+
ENERGY
CONSUMPTION
(kWh PER MILE)
ELECTRICITY
PRICE (kWh)
MILES PER KG
HYDROGEN
PER kg
TOTAL ENERGY
COST PER MILE
PEAK HOURS
ELECTRIC TRUCK
2.0
$0.40
$0.80
BEV vs. FCEV Trucks
OFFPEAK HOURS
ELECTRIC TRUCK
2.0
$0.25
$0.50
CURRENT
FUEL CELL TRUCK
7.5
$3.50
$0.47
APPENDIX
PROJECTED
FUEL CELL TRUCK
9.0
$3.00
$0.33
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