Hyzon SPAC Presentation Deck slide image

Hyzon SPAC Presentation Deck

FCEV Market Projected To Grow 34% Annually and Reach $20B in 2030 Commercial FCEVS market evolution by vehicle class USD B 22 20 18 16 14 12 10 8 6 4 2 Units sold 000's $1 $2 0 2020 21 <5 $2 HYZON | DCRB+ 22 $3 23 Source: McKinsey Center for Future Mobility +34% p.a $4 24 $6 ~50 25 $8 26 $11 27 $14 28 ~230 $17 29 $20 9 2 6 3 2030 FUTURE OF HYDROGEN IS NOW 2020-30 Historical and Projected CAGR by vehicle class, % 34% 57% 110% 16% Oo Lo Class 8 HDT -O Class 6 MDT Class 3 LCV O o C Bus Key Drivers Stronger push to limit carbon emissions, with more than 60 countries committing to zero net emissions by 2050 Falling costs of renewables and hydrogen technologies as production scales Strategic push in national roadmaps to include hydrogen as a solution for the transportation sector, committing to a total of 10 million FCEV on the road by 2030 Industry alliances and momentum growing, as major investments were announced since 2017 13
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