BRIEF-Hyzon Motors To Focus On Cost Reduction Efforts, Including Workforce Reduction

Reuters06-25

June 24 (Reuters) - Hyzon Motors Inc :

* HYZON REALIGNING COMPANY STRATEGY TO FOCUS ON CORE NORTH AMERICAN MARKETS AND REFUSE INDUSTRY

* HYZON MOTORS INC - REVIEWING INTERNATIONAL MARKETS FOR CONSOLIDATION WHILE ADVANCING STRATEGIC ALTERNATIVES ASSESSMENT

* HYZON MOTORS INC - WILL CONTINUE TO FOCUS ON COST REDUCTION EFFORTS AND MANAGING LIQUIDITY, INCLUDING A REDUCTION IN WORK FORCE

* HYZON MOTORS INC - STRATEGIC OPTIONS COULD INCLUDE SALE OF CO AND/OR A DIVESTITURE OF EUROPE & AUSTRALIA/NEW ZEALAND BUSINESSES & UNITS

Source text for Eikon: Further company coverage:

((reuters.briefs@thomsonreuters.com;))

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