Hyzon Motors Competitors and Similar CompaniesClear all

Hyzon Motors's competitors and similar companies include SsangYong Motor, Riversimple, Nikola and ULEMCo.

	Hyzon Motors Hyzon Motors is a company that develops and manufactures hydrogen fuel cell systems for commercial vehicles.	SsangYong Motor SsangYong Motor (쌍용자동차) is a designer and manufacturer of four-wheel drive vehicles.	Riversimple Riversimple Holding (formerly known as OSCar Automotive) is a company that provides mobility solutions.	Nikola Nikola (formerly known as Nikola Motor Company) is a provider of energy and transportation solutions.	ULEMCo ULEMCo is a company that provides hydrogen solutions for transportation.
Founding Date	Founding Date 2020	Founding Date 1954	Founding Date 2001	Founding Date 2015	Founding Date 2014
Type	Type Public	Type Public	Type Private	Type Public	Type Private
Tags	Tags Automotive & Transportation electric vehicles hydrogen	Tags Automotive & Transportation electric vehicles	Tags Automotive & Transportation cleantech electric vehicles hydrogen	Tags Automotive & Transportation electric vehicles energy infrastructure energy storage hydrogen	Tags Automotive & Transportation hydrogen vehicles
Locations	Locations Bolingbrook, US HQ Troy, US Ottawa Lake, US	Locations Pyeongtaek, KR HQ Bab Ezzouar, DZ Talatona, AO Piggotts, AG Yerevan, AM Heatherton, AU Klagenfurt Am Wörthersee, AT see more	Locations Llandrindod Wells, GB HQ	Locations Phoenix, US HQ	Locations Liverpool, GB HQ
Employees	Employees 3609% increase	Employees 4,180	Employees 20	Employees 87042% decrease	Employees 24
Valuation ($)	Valuation ($) 10.4 m	Valuation ($) N/A	Valuation ($) 70.3 m	Valuation ($) 221.6 m	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $295k (FY, 2023)	Revenue (est.) ₩3.9t (FY, 2024)	Revenue (est.) £453 (FY, 2023)	Revenue (est.) N/A	Revenue (est.) N/A
Cost of goods	Cost of goods $15.7m (FY, 2023)	Cost of goods ₩3.4t (FY, 2024)	Cost of goods £1.1m (FY, 2023)	Cost of goods $299.3m (FY, 2024)	Cost of goods N/A
Gross profit	Gross profit ($15.4m) (FY, 2023)	Gross profit ₩522.4b (FY, 2024)	Gross profit (£1.1m) (FY, 2023)	Gross profit ($230.4m) (FY, 2024)	Gross profit N/A
Net income	Net income ($184m) (FY, 2023)	Net income ₩33.8b (FY, 2024)	Net income (£1.1m) (FY, 2023)	Net income ($958.2m) (FY, 2024)	Net income N/A
Funding
Latest funding round	Latest funding round N/A	Latest funding round N/A	Latest funding round $ 963.9k (almost 7 years ago)	Latest funding round N/A	Latest funding round $ 6.3m (almost 2 years ago)
Total funding raised	Total funding raised N/A	Total funding raised N/A	Total funding raised $ 3.9m	Total funding raised $ 2.5b	Total funding raised $ 6.3m