Hyzon Motors went public via a SPAC merger with Riverstone Holdings-backed Decarbonization Plus Acquisition in a $550m deal.

Hyzon Motors, a mobility and clean energy company, went public via a SPAC merger with Riverstone Holdings-backed Decarbonization Plus Acquisition, a special acquisition company, in a $550m deal. Additional investors include BlackRock, Fidelity Management & Research and Wellington Management. "Completing our business combination with DCRB is a tremendous step forward for Hyzon. It has been a total team effort getting to this point, and we will continue to bring the same dedication to our next, exciting phase of growth as a public company. We have the ability to do even more in converting commercial vehicle fleets worldwide to clean, efficient hydrogen fuel, and are excited to now continue that work," Craig Knight, Hyzon CEO.