King Abdullah Financial Center in Riyadh
Hyzon to look at hydrogen vehicle factory in Neom
Hyzon, Modern Group and Neom company will finalise plans over the next 18 months for the facility
Vehicle manufacturers Hyzon Motors and Modern Group have signed a memorandum of understanding to develop a factory to make hydrogen-powered commercial vehicles in Neom, Saudi Arabia. Neom is a planned city in northwest Saudi that the government wants to be a hub for low carbon industry and green hydrogen production. “Hydrogen is key to power heavy duty commercial transport” Knight, Hyzon Motors Hyzon, Modern Group and Neom company will finalise plans over the next 18 months for the facility, which they hope will produce 10,000 vehicles a year. “Hydrogen is a key fuel to power global heavy duty commercial transport, liberating it from dependence on fossil fuels,” says Craig Knight, CE
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