Micron, QuantumScape and Hyzon Motors CEOs react to Biden’s plans for infrastructure

U.S. President Joe Biden speaks about his $2 trillion infrastructure plan throughout an occasion to tout the plan at Carpenters Pittsburgh Training Center in Pittsburgh, Pennsylvania, March 31, 2021.

Jonathan Ernst | Reuters



Hyzon Motors

Hyzon Motors is a non-public hydrogen-fuel cell firm that is based mostly in Honeoye Falls, New York. The firm, which is being acquired by a blank-check agency referred to as Decarbonization Plus Acquisition Corp in a deal price $3.9 billion, does enterprise within the industrial car market, together with heavy-duty vans and buses.

Knight — who heads and co-founded the corporate, mentioned hydrogen-powered vans do not get sufficient recognition — including that the facility supply is extra appropriate for long-range driving.

“Hydrogen trucks are electric trucks. They are fuel cell electric trucks,” he mentioned. “We see great potential for those kind of back-to-base operations with high utilization to move toward hydrogen.”

Questions for Cramer?
Call Cramer: 1-800-743-CNBC

Want to take a deep dive into Cramer’s world? Hit him up!
Mad Money TwitterJim Cramer TwitterFacebookInstagram

Questions, feedback, ideas for the “Mad Money” web site?

Source hyperlink

What do you think?

Written by Business Boy


Leave a Reply

Your email address will not be published. Required fields are marked *



Cramer’s week forward: A ‘dangerous news is good news’ kind of market

India’s Covid-19 cases are rising once more. One state is getting hit especially hard